Bristol, Connecticut, February 7, 2001---The Board of Directors of Barnes Group Inc. (NYSE: B) today declared a regular quarterly cash dividend of 20 cents ($0.20) per share. The dividend will be payable March 12, 2001, to shareholders of record at the close of business on March 1, 2001.
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 1999 sales of $622 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 (MRO) supplies. Nearly 5,700 dedicated employees at more than 50 locations worldwide contribute to Barnes Group Inc.'s success.
Investors - Phillip J. Penn 860-973-2126
Media - Stephen J. McKelvey 860-973-2132