2019 Press Releases

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03/13/19NN, Inc. Reports Fourth Quarter And Full Year 2018 Results
CHARLOTTE, N.C., March 13, 2019 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the fourth quarter and the year ended December 31, 2018. GAAP Results Fourth Quarter Net sales for the fourth quarter of 2018 increased $43.4 million, or 27.8%, to $199.5 million, compared to $156.1 million for the fourth quarter of 2017. Growth was driven by $39.2 million from acquisitions at their historical amounts prior to being acquired, an... 
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03/13/19NN, Inc. Announces Anticipated Non-Cash Intangible Asset Impairment Charges
CHARLOTTE, N.C., March 13, 2019 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR) ("NN" or "the Company") a diversified industrial company, today announced that the Company expects to record a non-cash intangible asset impairment charge in its Mobile Solutions and Power Solutions groups in the fourth quarter of its fiscal year ending December 31, 2018 (FY18). The Company does not expect the impairment charge to have any impact on future operations, nor affect its liquidity, cash flows from operating acti... 
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02/28/19NN, Inc. To Hold Fourth Quarter And Full Year 2018 Conference Call On Thursday, March 14, 2019
CHARLOTTE, N.C., Feb. 28, 2019 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that it will release fourth quarter and full year 2018 financial results for the period ended December 31, 2018 after the close of the market on Wednesday, March 13, 2019. Management will hold a conference call at 9 a.m. ET on Thursday, March 14, 2019 to review the company's results. The call can be accessed live or as a replay at www.nninc.com. For those who are unavailable... 
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02/26/19William Dries To Retire From NN Board Of Directors
CHARLOTTE, N.C., Feb. 26, 2019 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that William "Bill" Dries will retire from the Company's board of directors, effective as of NN's annual meeting to be held in May 2019. Mr. Dries joined the board in 2014 and currently serves as the Audit Committee chairman and a member of the Compensation Committee. Upon Mr. Dries' retirement, the Company will reduce the size of its board of directors from nine to eight. W... 
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02/26/19NN, Inc. Expands Its Board of Directors
Announces Cooperation Agreement with Legion Partners Adds Two New Independent Directors, Jeri Harman and Janice Stipp, With Capital Markets, Financial and Governance Expertise Company to Declassify Board by 2021 Annual Meeting CHARLOTTE, N.C., Feb. 26, 2019 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that its board of directors has unanimously voted to expand its board by appointing Jeri Harman, Founder & Chairman of Avante Capital Part... 
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02/11/19NN, Inc. Enters Into New Interest Rate Swap, Lowering Rate and Moving to Fixed Rate Debt
CHARLOTTE, N.C., Feb. 11, 2019 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that the Company has entered into a new interest rate swap transaction that will provide a fixed rate on $700 million of its senior secured debt through the end of 2020 and will amortize down through October of 2022.  The transaction will also reduce NN's interest rate by six basis points on $700 million of its outstanding debt. Richard Holder, President & Chief Executiv... 
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02/04/19NN, Inc. To Tout Latest Engineered Solutions At MD&M West
CHARLOTTE, N.C., Feb. 4, 2019 /PRNewswire/ -- NN, Inc., (Nasdaq: NNBR) ("NN" or "the Company"), announced today that its NN Life Sciences group will exhibit at the 2019 Medical Design & Manufacturing West (MD&M) show, held February 5-7 in Anaheim, California. MD&M West is the world's largest medical design and manufacturing event. The three-day conference highlights cutting-edge technologies, while providing industry leaders with the education and connections needed to advance in t... 
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02/04/19NN, Inc. Announces Quarterly Dividend
CHARLOTTE, N.C., Feb. 4, 2019 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that its Board of Directors declared a quarterly cash dividend of $0.07 per common share.  The dividend will be paid on March 1, 2019, to shareholders of record as of the close of business on February 15, 2019. NN, Inc., a diversified industrial company combines advanced engineering and production capabilities with in-depth materials science expertise to design and manufactu... 
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02/01/19NN, Inc. Announces CFO Transition
CHARLOTTE, N.C., Feb. 1, 2019 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that Chief Financial Officer Thomas C. Burwell will be departing from the company.  Mr. Burwell has agreed to remain in his current role and assist with an orderly transition while a search for a replacement is conducted. NN will focus on external candidates to fill the role. Richard Holder, President & Chief Executive Officer, commented, "I want to thank Tom for the sign... 
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01/22/19NN, Inc. To Showcase Drug Delivery Capabilities At Drug Delivery Partnerships 2019
CHARLOTTE, N.C., Jan. 22, 2019 /PRNewswire/ -- NN, Inc., (Nasdaq: NNBR) ("NN" or "the Company"), announced today that its NN Life Sciences group will exhibit at the 2019 Drug Delivery Partnerships (DDP), held January 28-30 in Palm Beach Gardens, Florida. The exhibit will mark the company's debut at DDP, which is regarded as the world's foremost authoritative drug delivery technology and innovation event. The event, which is in its 23rd year, provides a forum for participants to network,... 
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