Barnes Aerospace Expands Singapore Operation
Jul 16, 2008 (financialwire.net via COMTEX) --
Company: Barnes Group, Inc. (B)
July 16, 2008 (FinancialWire) Barnes Group Inc.'s (NYSE: B) (Current Market Cap: US$1.18 Bil.) Barnes Aerospace unit, a jet engine component overhaul and repair service firm, has doubled the size of its maintenance, repair and overhaul business in Singapore.
According to Barnes, the expansion "substantially increases" the company's footprint in the Asian aftermarket business.
Barnes Aerospace's Singapore operation offers engine component overhaul and repair capabilities to OEMs, engine makers and airlines.
Barnes Aerospace's other aftermarket facilities are located in Connecticut and Ohio.
Windsor, Connecticut-based Barnes Group is an international aerospace and industrial components manufacturer and distribution company. The company's units include Barnes Aerospace, Barnes Distribution, and Barnes Industrial. The company has ore than 6,400 dedicated employees at more than seventy locations worldwide.
FinancialWire" is a fully independent, proprietary news wire service of Investrend Information (a division of Investrend Communications, Inc.). FinancialWire" news is written by professional journalists, dedicated to pure journalistic standards. FinancialWire" does not receive or accept any compensation from any individual or subject company (or representative thereof) for its news or opinions. All FinancialWire" news is available at http://www.financialwire.net . Please address any inquiries to feedback@financialwire.net .
Free annual reports for companies mentioned in the news are available at http://investrend.ar.wilink.com/?level=279 .
http://www.financialwire.net
Copyright (C) 2008 Investrend. All rights reserved
News Provided by COMTEX
Company: Barnes Group, Inc. (B)
Related terms: aerospace, business, communications, connecticut, industrial, manufacturer, market, nyse, ohio, singapore, standards
