Bristol based Barnes Group Inc., a global industrial and aerospace manufacturer and service provider, announced that its Chairman of the Board, Thomas O. Barnes, and its President and Chief Executive Officer, Patrick J. Dempsey, will ring the closing bell of the New York Stock Exchange on Wednesday, July 19, 2017, in celebration of the Company’s 160thyear in operation. In addition, members of the Company’s Board of Directors and senior management will be present to celebrate the occasion.
Barnes Group’s success is based on its ability to adapt to the changing needs of the global marketplace. Originally established by Wallace Barnes in 1857 as a metal parts shop in Bristol, the Company began as a manufacturer of hoop-skirt springs and clock springs.
Today, Barnes Group has evolved into an enterprise of 5,000 global employees whose highly engineered products, differentiated industrial technologies, and innovative solutions are employed in transportation, manufacturing, healthcare products, and technology applications throughout the world.
“This year we celebrate Barnes Group’s longevity and rich history of growth and innovation,” said Patrick J. Dempsey. “From our modest beginning in Connecticut, to our present day worldwide operations, the Company’s transformational journey continues to reshape the organization in ways that provide advanced solutions and innovative products to our customers, career growth opportunities to our employees, and financial rewards to our shareholders.”
Thomas O. Barnes, a fifth generation Barnes family leader of the Company, added, “We look forward to the opportunities of the future, with the goal of sustaining profitable growth, fostering the development of our global employees, and further supporting the communities in which we work and live.”
Founded in 1857, Barnes Group Inc. is a global industrial and aerospace manufacturer and service provider, serving a wide range of end markets and customers.