Barnes Group Appoints Richard P. McCorry President, Associated Spring.Business Editors BRISTOL Bristol, cities, United States Bristol. 1 Industrial city (1990 pop. 60,640), Hartford co., central Conn., on the Pequabuck River; settled 1727, inc. 1785. Its clock-making industry dates from 1790. , Conn.--(BUSINESS WIRE)--April 29, 2003 Barnes Group Inc. (NYSE NYSE See: New York Stock Exchange : B) today announced that Richard P. McCorry will be appointed President of its Associated Spring business unit effective May 1, 2003; Associated Spring had 2002 sales of $322 million. Mr. McCorry succeeds Leonard M. Carlucci, who retired as President of Associated Spring on April 1, 2003. "Rich McCorry is an outstanding leader with a proven track record of global accomplishments within the manufacturing sector," said Edmund M. Carpenter, President and Chief Executive Officer, Barnes Group Inc. "His background is ideally suited to lead Associated Spring as it seeks to achieve sustainable, profitable growth on a worldwide basis." Prior to joining Barnes Group Inc., Mr. McCorry was with Textron, Inc., a multi-industry company, where he held several executive positions including: President, Textron Power Transmission, which provides mechanical power transmission components and systems for the industrial, defense, mining and mobile equipment and transportation markets; Executive Vice President, Global Operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. , Textron Industrial Products, Textron's industrial segment; and Managing Director, Textron Breed Automotive, S.r.l. From 1985 to 1997, Mr. McCorry was with Lear Corporation, a Fortune 500 supplier of interior products to the automotive OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and market, and Masland Industries, where he held various management positions of increasing responsibility. Mr. McCorry earned a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree in Commerce and Engineering from Drexel University Drexel University, at Philadelphia, Pa.; coeducational; founded 1891 by Anthony J. Drexel, opened 1892, chartered 1894 as Drexel Institute of Art, Science, and Industry. It was renamed Drexel Institute of Technology in 1936 and gained university status in 1970. , and completed the Advanced Executive Management Program at the Wharton School of Business. Barnes Group Inc. (www.barnesgroupinc.com) is a diversified diversified (di·verˑ·s international manufacturer of precision metal components and distributor of industrial supplies, serving a wide range of markets and customers. Founded in 1857 and headquartered in Bristol, Connecticut Bristol is a city located in Hartford County, Connecticut, 20 miles (32 km) southwest of Hartford. According to 2006 Census Bureau estimates, the population of the city is 61,353. , Barnes Group consists of three businesses with 2002 sales of $784 million: Associated Spring, one of the world's largest manufacturers of precision mechanical and nitrogen gas springs; Barnes Aerospace, a manufacturer and repairer of highly engineered assemblies and products for commercial and military aircraft engines, airframes, and land-based industrial gas turbines; and Barnes Distribution, an international, full-service distributor of maintenance, repair and operating supplies. Over 6,200 dedicated employees at more than 60 locations worldwide contribute to Barnes Group Inc.'s success. |
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