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Headquarters: Bristol, CT
2009 Revenues: $539.1 million
Change in Sales from 2008: -22.1%
Locations: 16 distribution centers, 18 sales and support facilities, 1 global sourcing office in Asia
According to the Barnes Group 10K, in 2009 the Logistics and Manufacturing Services segment was negatively affected by lower demand across the end-markets of its distribution business and by deferred maintenance in its aerospace aftermarket business. After the most recent quarter, Barnes Group President Gregory F. Milzcik said: "The global economic recovery is clearly in the early stages, and we remain cautiously optimistic."
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