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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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 […]
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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, […]
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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 […]
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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. […]
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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 […]
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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 […]
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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 […]
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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 […]
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