BRISTOL, Conn., Apr 10, 2002 (BUSINESS WIRE) -- 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, 2002, to shareholders
of record at the close of business on May 31, 2002.
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 2001
sales of $769 million: Associated Spring, one of the world's largest
manufacturers of precision mechanical and nitrogen gas springs; Barnes
Aerospace, a manufacturer and repairer of highly engineered assemblies and
products for aircraft engines, airframes, and land-based industrial gas
turbines; and Barnes Distribution, an international distributor of maintenance,
repair and operating supplies. Nearly 5,300 dedicated employees at more than 50
locations worldwide contribute to Barnes Group Inc.'s success.
CONTACT: Barnes Group Inc.
Phillip J. Penn
Investor Relations
(860) 973-2126
or
Stephen J. McKelvey
Corporate Communications
(860) 973-2132
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