JOHNSON CITY, Tenn., June 9, 2016 /PRNewswire/ -- NN, Inc., (Nasdaq: NNBR) a diversified industrial company, today announced it has completed the validation and production readiness certification of its additive manufacturing (DMLS) process technology for the medical device industry.
"We are pleased to release this new technology to help our customers reach new levels of more advanced product designs" said John Manzi, Senior Vice President PEP group. "Additive manufacturing (DMLS) technologies can reduce costs and lead-times while enhancing product performance. We are proud to add this latest technology to our comprehensive technology platform."
NN's customers who specialize in orthopedic instruments and implants have been among the early implementers of this technology. As the technology continues to evolve, the company expects it will extend across the entire medical device industry as well as into other end markets.
NN, Inc., a diversified industrial company combines advanced engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision components and assemblies for a variety of markets on a global basis. Headquartered in Johnson City, Tennessee, NN has 42 manufacturing plants in North America, Western Europe, Eastern Europe, South America and China.
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For additional information concerning such risk factors and cautionary statements, please see the section titled "Risk Factors" in the Company's periodic reports filed with the Securities and Exchange Commission, including, but not limited to, the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2015. Except as required by law, we undertake no obligation to update or revise any forward-looking statements we make in our press releases, whether as a result of new information, future events or otherwise.