Barden Corporation
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Barden Corporation
Barden Corporation is a ball bearing manufacturer based in Danbury, Connecticut, USA with factories in Danbury, Winsted, Connecticut and in Plymouth, England. It previously had factories in Bridgeport, Connecticut (Lacey Manufacturing-divested in 2008) and Haverhill, Massachusetts (Pope Spindle-divested in 2003). Barden specializes in the design, manufacture, repair and overhaul of aerospace and super precision ball bearings for safety-critical and harsh environment applications in a broad range of market sectors, from space to aerospace to subsea to high performance machine tools to medical and high performance automotive applications. History Barden was founded by Theodore Barth and Carl Norden (hence the name "Bar-den") in 1942 to make precision ball bearings for the Norden bombsight. The Norden bombsight required 61 precision miniature and instrument type bearings. Prior to the US entry into World War II, bombsight production levels were planned to be 800 per month; howev ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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