BRISTOL, Conn., Dec 16, 2005 (BUSINESS WIRE) -- Barnes Group Inc. (NYSE: B) today announced that it has
promoted Idelle K. Wolf to President, Barnes Distribution, effective
January 1, 2006. Ms. Wolf was President, Barnes Distribution North
America. She remains a Vice President, Barnes Group Inc. A. Keith
Drewett, President, Barnes Distribution and Vice President, Barnes
Group Inc., will retire on March 1, 2006. Mr. Drewett, who had
previously indicated his intention to retire, will assist in the
transition of leadership at Barnes Distribution.
"During the past five years, Idelle has been in leadership
positions at Barnes Distribution in her role as Chief Operating
Officer, Barnes Distribution and, most recently, as President, Barnes
Distribution North America. She successfully integrated several
significant acquisitions, drove process changes, and spearheaded the
rationalization of Barnes Distribution's distribution centers
throughout North America," said Edmund M. Carpenter, President and
Chief Executive Officer, Barnes Group Inc. "With strategic vision,
extensive industry knowledge, management talents and leadership
qualities, Idelle is the ideal executive to lead Barnes Distribution."
In May of 2000, Ms. Wolf joined Barnes Distribution as Chief
Operating Officer when Barnes Group acquired Curtis Industries. At
Curtis Industries, Ms. Wolf was Executive Vice President and Chief
Operating Officer. In December 2004, Ms. Wolf was named President,
Barnes Distribution North America.
"I would like to thank Keith for his significant contributions
during his time as President, Barnes Distribution," said Carpenter.
"Keith joined Barnes Distribution in May 2000 as a part of the Curtis
Industries acquisition. While leading Barnes Distribution, he
successfully doubled the business through acquisitions and organic
growth, assembled an excellent leadership team, and placed Barnes
Distribution on a solid financial and strategic footing."
Barnes Group Inc. (www.barnesgroupinc.com) is a diversified
international manufacturer of precision metal components and
assemblies and a 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
2004 sales of $994.7 million: Barnes Distribution, an international,
full-service distributor of maintenance, repair, operating, and
production supplies; Associated Spring, one of the world's largest
manufacturers of precision mechanical and nitrogen gas springs and a
global supplier of retaining rings, reed valves, shock discs, and
injection-molded plastic components; and Barnes Aerospace, a
manufacturer and repairer of highly engineered assemblies and
components for commercial and military aircraft engines, airframes,
and land-based industrial gas turbines.
SOURCE: Barnes Group Inc.
Barnes Group Inc.
Brian D. Koppy, 860-973-2126
Stephen J. McKelvey, 860-973-2132