Bristol, Connecticut, April 12, 2001---The Board of Directors of Barnes Group Inc. (NYSE: B) today declared a quarterly cash dividend of 20 cents ($0.20) per share. The dividend will be payable June 11, 2001, to shareholders of record at the close of business on June 1, 2001.
Barnes Group Inc. and its predecessor companies have paid cash dividends to shareholders on a continuous basis since 1934.
Barnes Group Inc. (www.barnesgroupinc.com) is a diversified international manufacturer of precision metal parts and distributor of industrial supplies, serving a wide range of markets and customers. Founded in 1857 and headquartered in Bristol, Connecticut, Barnes Group consists of three businesses with 2000 sales of $740 million: Associated Spring, a manufacturer of precision mechanical and nitrogen gas springs; Barnes Aerospace, a manufacturer and repairer of aircraft engine and airframe components and assemblies; and Barnes Distribution, a distributor of maintenance, repair and operating supplies. Nearly 5,500 dedicated employees at more than 50 locations worldwide contribute to Barnes Group Inc.’s success.
Phillip J. Penn
Stephen J. McKelvey