February 09, 2010
Barnes Group (B) Company Overview
Barnes Group (B) makes parts used in a range of manufacturing and industrial applications, from parts for jet engines to mechanical springs. The company's customers are found in markets ranging from farm equipment to medical devices and include General Electric, Rolls-Royce, and the U.S. Department of Defense. General Electric Company (GE) made up 18% of the company's total sales in 2007[1]. In 2007, Barnes Group had record sales of $1.4B and operating income increased by 30.2% to $152.4 million[2]. In 2007, average sales per employee increased by ~11% to $220,000, a number that has risen nearly 50% since 2003[3]. The company has also completed 5 acquisitions since 2005, another key growth driver in each of its three business segments[4]. (Read more at Wikinvest ) What's in this B analysis on Wikinvest...
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