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Wednesday, November 13, 2019

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B Barnes Group, Inc. gains 15% Nov 13, 2019

Barnes Group Inc. operates as an industrial and aerospace manufacturer and service provider, serving a range of end markets and customers. The company operates in two segments, Industrial and Aerospace. The Industrial segment offers precision parts, products, and systems for applications serving various customers in end-markets, such as transportation, industrial equipment, consumer products, packaging, electronics, medical devices, and energy. This segment also manufactures and supplies precision mechanical products, including mechanical springs, high-precision punched and fine-blanked components, and retention rings; fine hairsprings for electronics and instruments and heavy-duty springs for machinery; nitrogen gas springs and manifold systems used to control stamping presses; and hot runner systems, mold cavity sensors and process control systems, and precision high cavitation mold and cube mold assemblies. The Aerospace segment produces fabricated and precision-machined components and assemblies for original equipment manufacturer turbine engine, airframe, and industrial gas turbine builders, as well as for the military. It also offers maintenance, repair, and overhaul services for jet engine components to turbine engine manufacturers, commercial airlines, and the military. In addition, this segment manufactures aerospace aftermarket spare parts. The company sells its products primarily through its direct sales force and distribution channels worldwide. Barnes Group Inc. was founded in 1857 and is headquartered in Bristol, Connecticut.http://www.priceseries.com/trade/B-Barnes-Group-Inc-stock-gains-15-percent-a-Trade-Record-by-priceSeries-2019101120191113.html

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