Company to Host Conference Call to Discuss Transaction JOHNSON CITY, Tenn., Aug. 17, 2015 /PRNewswire/ — NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that it has entered into a definitive agreement to acquire Precision Engineered Products Holdings, Inc. (P.E.P.) for $615 million in cash. The transaction is expected to be immediately accretive to […]
Read More
JOHNSON CITY, Tenn., Aug. 13, 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 September 18, 2015, to shareholders of record as of the close of business on September 4, 2015. NN, […]
Read More
JOHNSON CITY, Tenn., Aug. 5, 2015 /PRNewswire/ — NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today reported its financial results for the second quarter ended June 30, 2015. Second Quarter 2015 Results Net sales for the second quarter of 2015 increased $58.2 million, or 55%, to $164.9 million, compared to $106.7 million for […]
Read More
JOHNSON CITY, Tenn., June 25, 2015 /PRNewswire/ — NN, Inc. (NASDAQ: NNBR), a diversified industrial company, announced today the pricing on June 25 of a follow-on offering of 6,600,000 shares of common stock at a price of $24 per share. Closing of the offering is expected to occur on July 1, 2015, subject to customary closing conditions. […]
Read More
JOHNSON CITY, Tenn., July 13, 2015 /PRNewswire/ — NN, Inc. (Nasdaq: NNBR), a diversified industrial company, announced today that it will release second quarter 2015 financial results for the period ended June 30, 2015 after the close of the market on Wednesday August 5, 2015. Management will hold a conference call at 9 a.m. ET […]
Read More
JOHNSON CITY, Tenn., July 7, 2015 /PRNewswire/ — NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that Matthew Heiter has joined the Company as Senior Vice President and General Counsel. Mr. Heiter will begin immediately in this newly created position and will report to Richard Holder, President and Chief Executive Officer. Mr. Heiter […]
Read More
JOHNSON CITY, Tenn., July 2, 2015 /PRNewswire/ –NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced it has received a global ball supplier award from bearing manufacturer, NTN-SNR based on overall performance in 2014. The award recognizes superior performance in the areas of high-precision quality, on-time delivery and world-class customer service. Jeff Manzagol, Senior […]
Read More
JOHNSON CITY, Tenn., July 1, 2015 /PRNewswire/ — NN, Inc. (NASDAQ: NNBR), a diversified industrial company, announced today the closing of its previously announced underwritten registered public offering of common stock. The total number of shares of common stock sold was 7,590,000, composed of 6,600,000 shares of common stock initially offered and an additional 990,000 shares […]
Read More
JOHNSON CITY, Tenn., June 22, 2015 /PRNewswire/ — NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that it is commencing an underwritten registered public offering of 6,000,000 shares of its common stock. In connection with this offering, NN expects to grant the underwriters a 30-day option to purchase up to an additional 900,000 shares. […]
Read More
Reaffirms Commitment To 2018 Strategic Plan Targets JOHNSON CITY, Tenn., June 18, 2015 /PRNewswire/ — NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced it is revising its 2015 revenue guidance from the previously provided range of $670 – $690 million dollars as a result of continued weakness in the Brazilian economy. The company now […]
Read More