Barnes Aerospace Receives Number One Supplier Award from MTU Maintenance Hannover GmbH

BRISTOL, Conn.--(BUSINESS WIRE)-- Barnes Aerospace is pleased to announce that its Taoyuan, Taiwan site recently received MTU Maintenance Hannover GmbH’s Number One Supplier Award during a May 2024 supplier recognition ceremony held at the MTU Maintenance Hannover GmbH —Hannover facility.

Johnson Hsu, General Manager, accepts the Number One Supplier Award from MTU Maintenance Hannover GmbH on behalf of Barnes Aerospace–Taoyuan. (Photo: Business Wire)

MTU Maintenance Hannover GmbH’s reinvigorated Supplier Evaluation Tool (SET) allows its leadership to review several Key Performance Indicators (KPIs) across global MTU Aero Engine sites. Supplier performance is evaluated based on turnaround time (TAT), quality, reliability, and other criteria. These KPIs measure MTU Maintenance’s vast key supplier network to drive efficiency and encourage performance among its suppliers.

Angelique Deiter, SET Network Coordinator from MTU Maintenance Hannover GmbH, said, “Taking a holistic look at our suppliers and the coordinated communication within the network gives us the opportunity to identify and understand differences in performance and find potential for further supplier development.”

Supplier excellence is part of MTU Maintenance Hannover GmbH’s strategy to shape the future of aviation. As Markus Breuer, now Manager of Customer Accounts at MTU Maintenance Hannover GmbH, explains, “Barnes Aerospace's outstanding customer service team is always ready to build new capabilities by developing and industrializing repairs. During every site visit, you can feel their passion for the product and a level of dedication that always gives customers the feeling they are at the center of the day-to-day activity.”

“MTU is a key customer that has grown with us by more than 300% in the last five years of working together as a partner and delivering on the core KPIs that the market expects,” said Johnson Hsu, General Manager, Barnes Aerospace–Taoyuan. “We are delighted to receive the award and will continue to strive to retain the achievement. Our focus remains on delivering operational excellence and growing together as partners.”

This award, presented to Barnes Aerospace–Taoyuan for the second consecutive six-month evaluation period, is a credit to the team’s tireless dedication. It underscores Barnes Aerospace’s focus on delivering operational excellence and outstanding customer support.

About Barnes Aerospace
Barnes Aerospace, a business of Barnes, manufactures and maintains highly engineered parts for the aerospace and related industries globally. With elevated experience, Barnes Aerospace has a steadfast commitment to continuous improvement and the relentless pursuit of next. Barnes Aerospace offers strict compliance with customer, regulatory, and third-party standards (e.g., ISO, AS, NADCAP) for the Commercial Aerospace, Defense/Military, Energy, and Space industries where quality is crucial.
For more information, please visit www.barnesaero.com.

About MTU Aero Engines
MTU Aero Engines AG is Germany's leading engine manufacturer. The company is a technological leader in low-pressure turbines, high-pressure compressors, turbine center frames as well as manufacturing processes and repair techniques. In the commercial OEM business, the company plays a key role in the development, manufacturing and marketing of high-tech components together with international partners. Some 30 percent of today’s active aircraft in service worldwide have MTU components on board. In the commercial maintenance sector the company ranks among the top 3 service providers for commercial aircraft engines and industrial gas turbines. The activities are combined under the roof of MTU Maintenance. In the military arena, MTU Aero Engines is Germany's industrial lead company for practically all engines operated by the country’s military. MTU operates a network of locations around the globe; Munich is home to its corporate headquarters. In fiscal 2023, the company had a workforce of more than 12,000 employees and posted consolidated sales of 6.3 billion euros.

About Barnes Group
Barnes Group Inc. (NYSE: B) leverages world-class manufacturing capabilities and market-leading engineering to develop advanced processes, automation solutions, and applied technologies for industries ranging from aerospace and medical & personal care to mobility and packaging. With a celebrated legacy of pioneering excellence, Barnes delivers exceptional value to customers through advanced manufacturing capabilities and cutting-edge industrial technologies. Barnes Aerospace specializes in the production and servicing of intricate fabricated and precision-machined components for both commercial and military turbine engines, nacelles, and airframes. Barnes Industrial excels in advancing the processing, control, and sustainability of engineered plastics and delivering innovative, custom-tailored solutions for industrial automation and metal forming applications. Established in 1857 and headquartered in Bristol, Connecticut, USA, the Company has manufacturing and support operations around the globe. For more information, please visit www.onebarnes.com.

Category: General

View source version on businesswire.com: https://www.businesswire.com/news/home/20240722612219/en/

MTU Aero Engines Media Contact

Martina Vollmuth

Press Officer Technology

Mobile: +49 (0) 176-1001 7133

Barnes Aerospace Media Contact

Beth Wilkerson

Senior Marketing Manager

+1.419.206.6630

Investor Contact

William Pitts

Vice President, Investor Relations

+1.860.583.7070

Source: Barnes Group Inc.

FAQ

What award did Barnes Aerospace receive from MTU Maintenance Hannover GmbH in May 2024?

Barnes Aerospace's Taoyuan, Taiwan site received MTU Maintenance Hannover GmbH's Number One Supplier Award during a supplier recognition ceremony in May 2024.

How does MTU Maintenance Hannover GmbH evaluate its suppliers?

MTU uses a Supplier Evaluation Tool (SET) to review Key Performance Indicators (KPIs) such as turnaround time, quality, reliability, and other criteria across its global supplier network.

What growth has Barnes Aerospace experienced with MTU in recent years?

According to Johnson Hsu, General Manager of Barnes Aerospace–Taoyuan, MTU has grown with them by more than 300% in the last five years of their partnership.

How many times has Barnes Aerospace–Taoyuan received this award from MTU Maintenance Hannover GmbH?

Barnes Aerospace–Taoyuan has received the Number One Supplier Award for the second consecutive six-month evaluation period.