Barnes Group Inc. : Receives One of World’s Top Awards for Operational Excellence - The Shingo Silver Medallion
02/06/2012| 04:42pm US/Eastern
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BRISTOL, Conn.--(BUSINESS WIRE)--Feb. 6, 2012-- Barnes Group
Inc. (NYSE: B), a diversified global manufacturer and
logistical services company, today announced that its Barnes
Aerospace, Ogden, Utah Division, has been awarded the
prestigious Shingo Silver Medallion award from The Shingo
Prize for Operational Excellence.
The Shingo awards are one of the world's top prizes for
operational excellence and are awarded only to those
businesses that demonstrate exceptional work in business
improvement through the application of universally accepted
principles of operational excellence that empower people and
transform organizational culture. The Shingo Prize's intent
of assessing organizations is to evaluate the degrees to
which organizations are aligned with the principles of
operational excellence represented in the Shingo model.
"We are extremely honored to receive The Shingo Silver
Medallion award in recognition of our Ogden Division's
pursuit of continuous quality improvement," said Gregory
Milzcik, President and Chief Executive Officer of Barnes
Group Inc. "Ogden's success exemplifies Barnes Group's focus
on attaining operational excellence across the entire
enterprise - leading to exceptional business results and
value creation for our customers."
The intent of The Shingo Prize is to identify organizations
doing exceptional work in business improvement and to
motivate others to learn from those organizations. To achieve
The Shingo Prize, organizations compete against the most
rigorous standards in the world, rather than against each
other. "Shingo award recipients have proven themselves as
leaders in operational excellence and have challenged
traditional paradigms to face competitive challenges in
today's global economy," said Robert Miller, The Shingo Prize
Executive Director. "We congratulate Barnes Group for their
broad application of lean principles across all of their core
business processes. They are clearly building a culture of
continuous improvement and empowering every single individual
to contribute to the success of the business."
Barnes Aerospace, Ogden Division, will be awarded The Shingo
Silver Medallion at the 24th Annual Shingo Prize Awards Gala,
during the Annual International Conference on April 30 - May
4, 2012. Robert Miller, Executive Director of The Shingo
Prize, will visit the Barnes Group Aerospace Ogden facility
for a local ceremony and award presentation on Wednesday,
February 22, 2012. For more information about The Shingo
Prize, visit
http://www.shingoprize.org.
About Barnes Group Inc.
Founded in 1857, Barnes Group Inc. (NYSE:B) is a diversified
global manufacturer and logistical services company focused
on providing precision component manufacturing and operating
service support. Barnes Group's approximately 4,400 dedicated
employees, at more than 50 locations worldwide, are committed
to achieving consistent and sustainable profitable growth.
For more information, visit
www.BGInc.com. Barnes Group, the Critical Components
People.
Source: Barnes Group Inc.
Barnes Group Inc.
Rikki Crea, 860-973-2132
Manager, Corporate Communications
fcrea@BGInc.com
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