BRISTOL, Conn.--(BUSINESS WIRE)--July 25, 2007--Barnes Industrial,
a business segment of Barnes Group Inc. (NYSE: B), announced that its
operating unit Heinz Hanggi has been presented with the Bosch Group's
Supplier Award. The Bosch Supplier Award honors Heinz Hanggi's
outstanding work in the manufacturing of precision components for
"To receive an award from a valued business partner like Bosch is
a credit to Heinz Hanngi's commitment to continuous improvement in
providing the highest quality precision manufactured components to our
customers," said Jerry W. Burris, President, Barnes Industrial. "It is
the employees of Heinz Hanggi who earned this recognition from Bosch.
Heinz Hanggi is honored to be recognized with this prestigious award.
"Our Heinz Hanggi operating unit is a premier global provider of
precision components for critical applications. Its lean manufacturing
practices set the standard which Barnes Industrial manufacturing units
are focused on achieving," continued Burris.
This is now the eleventh time Bosch has conferred its supplier
award since 1987. This biannual award is open to suppliers around the
world. This year, the award was given in five categories to a total of
47 companies from 14 countries. This is the seventh time that Heinz
Hanggi has won the award. The award-winners were honored at a ceremony
in Stuttgart's Staatsgalerie museum in early July, 2007.
In 2006, the Bosch Group's total purchasing volume was
approximately 23 billion euros. The share of purchases made outside of
Germany was more than 50 percent, with the major sourcing markets
being the United States, Eastern Europe, China and Japan. Bosch
purchased manufacturing materials such as electronic components,
mechanical and electromechanical components, services, merchandise and
Barnes Industrial is an industrial components manufacturer of a
broad range of high-quality, highly engineered products for a diverse
customer base. The Barnes Industrial business segment consists of six
strategic business units (SBUs): Precision Forming; Retention Rings;
Nitrogen Gas Products; Precision Valves; Engineered Springs; and
Celebrating its 150th anniversary in 2007, Barnes Group Inc.
(NYSE:B) is an international aerospace and industrial components
manufacturer and full-service distribution company focused on
achieving consistent, sustainable and predictable results. Founded in
1857, Barnes Group consists of three businesses: Barnes Aerospace,
Barnes Distribution and Barnes Industrial. Over 6,600 dedicated
employees at more than 65 locations worldwide contribute to Barnes
Group Inc.'s success. For more information, visit
CONTACT: Barnes Group Inc.
Brian D. Koppy, 860-973-2126
Stephen J. McKelvey, 860-973-2132
SOURCE: Barnes Group Inc.