Barnes Group Inc. (NYSE: B), Bristol, Connecticut, an international industrial and aerospace manufacturer and service provider, reported sales for the first quarter of $331 million, a 12.2% decrease year-over-year. Organic sales fell 8%. Profit for the quarter fell 12.5% year-over-year to $29.7 million.
Industrial sales were $199.1 million, down 17.9%. Aerospace sales were $131.6 million, down 2% year-over-year.