JOHNSON CITY, Tenn., Nov. 30, 2015 /PRNewswire/ — NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that it has completed the divestiture of Delta Rubber. The terms of the transaction were not disclosed. Richard Holder, President and CEO commented, “As outlined in our strategic plan, we continue to focus on balancing our portfolio […]
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JOHNSON CITY, Tenn., Nov. 19, 2015 /PRNewswire/ — NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that Michael E. Werner will retire from the company’s Board of Directors as of the Annual Meeting to be held in May 2016. Mr. Werner, who joined the board in 1995 has served on a variety of committees […]
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JOHNSON CITY, Tenn., Nov. 19, 2015 /PRNewswire/ — NN, Inc., (Nasdaq: NNBR) a diversified industrial company, announced today its Board of Directors declared a quarterly cash dividend of $0.07 per common share. The dividend will be paid on December 18, 2015, to shareholders of record as of the close of business on December 4, 2015. NN, […]
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JOHNSON CITY, Tenn., Nov. 4, 2015 /PRNewswire/ — NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today reported its financial results for the third quarter ended September 30, 2015. Third Quarter 2015 Results Net sales for the third quarter of 2015 increased $29.2 million, or 23% to $154.8 million, compared to $125.6 million for the […]
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JOHNSON CITY, Tenn., Oct. 29, 2015 /PRNewswire/ — NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that it is expanding its North American manufacturing footprint by opening a new precision ball plant in Ciudad Juarez in the Mexican state of Chihuahua in response to increasing demand and growth in auto manufacturing in Mexico. The plant, […]
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JOHNSON CITY, Tenn., Oct. 22, 2015 /PRNewswire/ — NN, Inc. (Nasdaq: NNBR), a diversified industrial company, announced today that it will release third quarter 2015 financial results for the period ended September 30, 2015 after the close of the market on Wednesday, November 4, 2015. Management will hold a conference call at 9 a.m. ET on […]
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JOHNSON CITY, Tenn., Oct. 21, 2015 /PRNewswire/ — NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that John C. Kennedy has resigned from the Company’s Board of Directors to focus on his growing medical company in Michigan. Mr. Kennedy has served as a member of NN’s Board of Directors since September 2014. Prior to […]
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JOHNSON CITY, Tenn., Oct. 20, 2015 /PRNewswire/ — NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that the Company has successfully completed its acquisition of Precision Engineered Products Holdings, Inc. (PEP), a global manufacturer of highly engineered precision customized solutions serving the medical, electrical, transportation and aerospace end markets. Richard Holder, President and CEO […]
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JOHNSON CITY, Tenn., Oct. 7, 2015 /PRNewswire/ — NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced it remains committed to closing the Precision Engineered Products (P.E.P.) acquisition. The Company has a committed financing structure and expects the transaction to close on time before the end of October. Richard Holder, President & CEO commented, “We […]
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JOHNSON CITY, Tenn., Sept. 22, 2015 /PRNewswire/ — NN, Inc. (NASDAQ: NNBR) (“NN”), a diversified industrial company, today announced that it intends to offer, subject to market and other conditions, $300.0 million aggregate principal amount of Senior Notes due 2023 (the “Notes”) in a private placement. NN intends to use the net proceeds of the […]
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