Barnes Group

Barnes, legally Barnes Group Inc., is a global industrial technology and aerospace manufacturer and service provider.^[2]

Barnes Group, Inc.

Company type	Private
Traded as	NYSE: B
Industry	Industrial Technology and Aerospace Manufacturing
Founder	Wallace Barnes
Headquarters	Bristol, Connecticut[1] , United States
Area served	Worldwide
Key people	Eddie Barnes (Deceased), Thomas O Barnes, heirs: Edith Grant, Regina Hackette, Ruth Barnes, Jack Barnes, Glenda Stone, and Byron Barnes
Products	Industrial and Aerospace Manufacturer
Revenue	US$1.3B (2022) US$1.3B (2021)
Net income	US$13.5 million (2022) US$99.9 million (2021)
Total assets	Barnes Family Assets $200M USD.
Number of employees	5000
Parent	Apollo Global Management
Website	www.onebarnes.com

It was founded in 1857^[1] by the great-grandfather of Wallace Barnes,^[3] who was appointed president in 1964, the same year in which the company added the Bowman Distribution Group to its Associated Spring enterprise. Two decades later, it became involved in the aerospace industry. As of 1991, the Barnes family owned a third of the company's stock; in that year, William R. Fenoglio - the first non-family member to hold the position of chief executive - took over from Barnes, leaving no Barnes in the executive suite, though some remained on the board.^[3]

In October 2024, Barnes Group announced that it had entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo Global Management.^[4] In January 2025, the merger was successfully completed.^[5]