BRISTOL, Conn.--(BUSINESS WIRE)--Feb. 26, 2007--Barnes Group Inc.
(NYSE: B) today announced that it has acquired the assets of the
Di-Dro Manifold Systems product line from Di-Dro Systems, Inc. The
Di-Dro Manifold System product line will be integrated into Barnes
Group Inc.'s Associated Spring business segment. Terms of the
acquisition were not disclosed.
The Di-Dro Manifold System product line is complementary to
Associated Spring's Nitrogen Gas Spring Manifold System product line.
The addition of the Di-Dro Manifold System product line expands the
Company's market leadership in high-quality gas springs for use in
diverse industrial applications requiring high force and/or compact
dimensions. Applications range from tool and die manufacturers, to
industrial robots, to dump trucks to waste compressors around the
world.
Celebrating its 150th anniversary in 2007, Barnes Group Inc.
(NYSE:B) is an international diversified aerospace and industrial
components manufacturing and distribution company focused on achieving
consistent, sustainable and predictable results. Founded in 1857,
Barnes Group consists of three businesses: Barnes Distribution,
Associated Spring and Barnes Aerospace. Over 6,600 dedicated employees
at more than 65 locations worldwide contribute to Barnes Group Inc.'s
success. The Company has paid cash dividends to stockholders on a
continuous basis since 1934. For more information, visit
www.barnesgroupinc.com.
CONTACT: Barnes Group Inc.
Brian D. Koppy, 860-973-2126
Investor Relations
or
Stephen J. McKelvey, 860-973-2132
Corporate Communications
SOURCE: Barnes Group Inc.