Barnes, a manufacturer whose product range includes fasteners, was sold to Apollo Global Management for $3.6 billion in a deal that closed in January. Now, it will see its corporate headquarters in Connecticut closed by the end of this year.

Per a press release and media reports, Barnes, long known as the Barnes Group, will close its corporate headquarters in Bristol, cutting about 28 jobs, the company said in a filing with the state Department of Labor. Layoffs will be made periodically, including June 30 and Sept. 30.

The news comes several months after Apollo Global Management acquired the Barnes Group and took the company private. Barnes Group makes precision components for aerospace and a range of other industries. Barnes Group and its predecessor, Associated Spring, have been located in Bristol since 1857.

Per its 2024 annual report, Barnes Group, as of  Dec. 31, 2023, the company had approximately 6,500 employees worldwide. Approximately 25% were in the Asia-Pacific region, approximately 45% in the European, Middle East and African regions and approximately 30% in the Americas region.