BRISTOL, Conn., Dec 12, 2001 (BUSINESS WIRE) -- Barnes Group Inc. (NYSE: B)
today announced that Donald W. Griffin, 64, Chairman, President and Chief
Executive Officer of Olin Corporation, has been elected to Barnes Group's Board
of Directors. The election, which brings the Board membership to nine, was made
effective at today's regularly scheduled Board meeting.
Mr. Griffin has over four decades of management and marketing experience with
Olin. Olin Corporation, based in Norwalk, Connecticut, is a leading North
American producer of copper and copper-based alloys, ammunition, chlorine and
caustic soda. In 2000, Olin had sales of $1.5 billion.
"We are very pleased to welcome Don to Barnes Group Inc.'s Board of Directors.
His wealth of executive management and marketing experience makes him a valuable
addition to the Board," said Thomas O. Barnes, Barnes Group Inc.'s Chairman.
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, North America's largest manufacturer
of precision mechanical and nitrogen gas springs; Barnes Aerospace, a
manufacturer and repairer of highly engineered aircraft engine and airframe
components and assemblies; and Barnes Distribution, an international distributor
of maintenance, repair and operating supplies. Nearly 5,400 dedicated employees
at more than 50 locations worldwide contribute to Barnes Group Inc.'s success.
CONTACT: Barnes Group Inc.
Phillip J. Penn, (860) 973-2126
Barnes Group Inc.
Stephen J. McKelvey, (860) 973-2132
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