2018 Press Releases

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11/16/18NN, Inc. Announces Quarterly Dividend
CHARLOTTE, N.C., Nov. 16, 2018 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR) a diversified industrial company, announced its Board of Directors declared a quarterly cash dividend of $0.07 per common share.  The dividend will be paid on December 17, 2018, to shareholders of record as of the close of business on December 3, 2018. NN, Inc. combines advanced engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision components and assemblie... 
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11/07/18NN, Inc. Reports Third Quarter 2018 Results
CHARLOTTE, N.C., Nov. 7, 2018 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the third quarter ended September 30, 2018. GAAP Results Net sales for the third quarter of 2018 increased $57.5 million, or 38.8%, to $205.7 million, compared to $148.2 million for the third quarter of 2017, driven by sales from acquisitions of $54.4 million and organic sales growth of $5.1 million offset by foreign exchange impacts of $2.0 millio... 
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10/08/18NN, Inc. To Hold Third Quarter 2018 Conference Call On Thursday, November 8, 2018
CHARLOTTE, N.C., Oct. 8, 2018 /PRNewswire/ -- NN, Inc., (Nasdaq: NNBR) ("NN" or "the Company") a diversified industrial company, announced today that it will release third quarter 2018 financial results for the period ended September 30, 2018 after the close of the market on Wednesday, November 7, 2018. Management will hold a conference call at 9 a.m. ET on Thursday, November 8, 2018 to review the Company's results.  The call can be accessed live or as a replay at www.nninc.com.  For those who ... 
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10/02/18NN, Inc. To Expand Manufacturing Capabilities In Massachusetts
CHARLOTTE, N.C., Oct. 2, 2018 /PRNewswire/ -- NN, Inc., (Nasdaq: NNBR) ("NN" or "the Company") a diversified industrial company, today announced that its Power Solutions group will expand its manufacturing capabilities and presence in the northeast to meet growing demand in the Aerospace and Defense Markets. The 100,000-square-foot facility in Taunton, Massachusetts will be developed in the Myles Standish Industrial Park (MSIP) and encompass approximately 80,000-square-feet of manufacturing spac... 
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09/26/18NN, Inc. Provides Update On Strategic Repositioning At Annual Investor Day
CHARLOTTE, N.C., Sept. 26, 2018 /PRNewswire/ -- NN, Inc., (Nasdaq: NNBR) ("NN" or "the Company") a diversified industrial company, today is hosting its annual investor day to showcase its new global headquarters in Charlotte, North Carolina and share an update on the execution of its strategic plan and the repositioning of its business. Presentations from President & CEO Richard Holder and other members of the executive team will begin at approximately 8:30 a.m. ET. Mr. Holder said, "NN has... 
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09/18/18NN, Inc. Announces Closing of Public Offering of Common Stock, Exercise of Option to Purchase Additional Shares and Repayment in Full of Second Lien Facility
CHARLOTTE, N.C., Sept. 18, 2018 /PRNewswire/ -- NN, Inc., (Nasdaq: NNBR) ("NN" or "the Company") a diversified industrial company, today announced the closing of its previously disclosed public offering of common stock. The total number of shares of common stock sold was 14,375,000, composed of 12,500,000 shares of common stock initially offered and an additional 1,875,000 shares of common stock sold pursuant to the exercise of the underwriters' option to purchase additional shares, in each case... 
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09/13/18NN, Inc. Announces Pricing Of Public Offering Of Common Stock
CHARLOTTE, N.C., Sept. 13, 2018 /PRNewswire/ -- NN, Inc., (Nasdaq: NNBR) ("NN" or "the Company") a diversified industrial company, today announced the pricing of an underwritten public offering of 12,500,000 shares of its common stock at a price of $16.00 per share. NN has granted the underwriters a 30-day option to purchase up to an additional 1,875,000 shares of common stock. Closing of the offering is expected to occur on September 18, 2018. The net proceeds to NN from the offering, after de... 
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09/10/18NN, Inc. Announces Public Offering Of Common Stock
CHARLOTTE, N.C., Sept. 10, 2018 /PRNewswire/ -- NN, Inc., (Nasdaq: NNBR) ("NN" or "the Company") a diversified industrial company, today announced that it is commencing an underwritten public offering of 12,500,000 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 1,875,000 shares of common stock. There can be no assurance as to whether or when the offering may be completed, or as to the actual size ... 
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09/04/18NN, Inc. To Host Annual Investor Day
CHARLOTTE, N.C., Sept. 4, 2018 /PRNewswire/ -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, announced today that the Company is hosting its fifth annual investor day on Tuesday, September 25 and Wednesday, September 26, 2018 at the Company's new global headquarters in Charlotte, North Carolina. The two-day event will feature a tour of the new state-of-the-art facility and Innovation Center, breakout sessions, management presentations and Q&A. Presentations from President & ... 
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08/29/18NN, Inc. Honored As New Corporate Citizen Of The Year By The Charlotte Chamber Of Commerce
CHARLOTTE, N.C., Aug. 29, 2018 /PRNewswire/ -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, announced today that it has been honored as this year's New Corporate Citizen by the Charlotte Chamber of Commerce in Charlotte, North Carolina. NN, Inc. will accept the award at the annual Economic Growth Awards ceremony on Thursday, September 6, 2018. The annual event celebrates individuals and organizations that have played a significant role in the economic growth of the Charlotte re... 
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08/09/18NN, Inc. Announces Quarterly Dividend
CHARLOTTE, N.C., Aug. 9, 2018 /PRNewswire/ -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, announced its Board of Directors declared a quarterly cash dividend of $0.07 per common share.  The dividend will be paid on September 17, 2018, to shareholders of record as of the close of business on September 3, 2018. NN, Inc. combines advanced engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision components and assemb... 
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08/08/18NN, Inc. Reports Second Quarter 2018 Results
CHARLOTTE, N.C., Aug. 8, 2018 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the second quarter ended June 30, 2018. Operating Segment Recasting As previously disclosed in January 2018, NN implemented a new enterprise and management structure and reorganized its businesses into three new segments.  In the first quarter of 2018, NN began reporting its financial results based on these segments. GAAP Results Net sale... 
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07/20/18NN, Inc. To Hold Second Quarter 2018 Conference Call On Thursday, August 9, 2018
CHARLOTTE, N.C., July 20, 2018 /PRNewswire/ -- NN, Inc., (Nasdaq: NNBR) ("NN" or "the Company") a diversified industrial company, announced today that it will release second quarter 2018 financial results for the period ended June 30, 2018 after the close of the market on Wednesday, August 8, 2018. Management will hold a conference call at 9 a.m. ET on Thursday, August 9, 2018 to review the Company's results.  The call can be accessed live or as a replay at www.nninc.com.  For those who are u... 
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07/19/18NN, Inc. Enhances Aerospace Capabilities With Technology Advancements
CHARLOTTE, N.C., July 19, 2018 /PRNewswire/ -- NN, Inc., (Nasdaq: NNBR) ("NN" or "the Company") a diversified industrial company, today announced that its Power Solutions group has deployed new state-of-the-art technologies that extend its production capabilities for the Aerospace and Defense Markets. The new technologies include advanced mill turn capabilities, automatic tool setters, and the latest in automated inspection technology which allow NN to produce high precision products up to 12... 
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06/25/18NN, Inc. To Exhibit At Sensors Expo & Conference 2018
CHARLOTTE, N.C., June 25, 2018 /PRNewswire/ -- NN, Inc., (Nasdaq: NNBR) ("NN" or "the Company") a diversified industrial company, today announced that its NN Power Solutions group will exhibit at the Sensors Expo and Conference on June 26-28 in San Jose, California. This year's conference will mark the first appearance by NN Power Solutions.  The Sensors Expo and Conference is the industry's largest event dedicated to uniting experts in sensors, connectivity and systems. Christopher Qualters,... 
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06/14/18NN, Inc. President and CEO and Wellington, Ohio Mayor Honor Veteran Robert H. Moulder in Recognition of Military Service
WELLINGTON, Ohio and CHARLOTTE, N.C., June 14, 2018 /PRNewswire/ -- NN, Inc., (Nasdaq: NNBR) a diversified industrial company, today announced that its President and Chief Executive Officer Richard Holder, together with Wellington, Ohio Mayor Hans Schneider, will honor NN Senior Mechanic and veteran Sergeant First Class Robert H. Moulder. In a ceremony taking place on June 14, 2018 in order to coincide with Flag Day, Mr. Moulder will present NN, his employer since 2014, with the flag that flew o... 
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06/05/18NN, Inc. to Exhibit at OMTEC 2018
CHARLOTTE, N.C., June 5, 2018 /PRNewswire/ -- NN, Inc., (Nasdaq: NNBR) ("NN" or "the Company") a diversified industrial company, today announced that its NN Life Sciences group will exhibit at the Orthopaedic Manufacturing and Technology Expo and Conference (OMTEC) June 12-14 in Chicago. This year's conference will mark the first joint appearance by NN Life Sciences and the Company's recently acquired Paragon Medical. OMTEC is a recognized international conference that facilitates dialogue and p... 
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05/21/18NN, Inc. Announces Quarterly Dividend
JOHNSON CITY, Tenn., May 21, 2018 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced its Board of Directors declared a quarterly cash dividend of $0.07 per common share.  The dividend will be paid on June 15, 2018, to shareholders of record as of the close of business on June 1, 2018. NN, Inc., a diversified industrial company combines advanced engineering and production capabilities with in-depth materials science expertise to design and manufacture hi... 
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05/09/18NN, Inc. Reports First Quarter 2018 Results
JOHNSON CITY, Tenn., May 9, 2018 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the first quarter ended March 31, 2018. Operating Segment Recasting As previously disclosed, in January 2018, NN implemented a new enterprise and management structure and reorganized its businesses into three new divisions. In the first quarter of 2018, NN began reporting its financial results based on these divisions. Mr. Holder commente... 
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05/07/18NN, Inc. Completes Acquisition Of Paragon Medical
JOHNSON CITY, Tenn., May 7, 2018 /PRNewswire/ -- NN, Inc., (Nasdaq: NNBR) a diversified industrial company, today announced that it successfully completed its acquisition of Paragon Medical, Inc. Paragon Medical is a medical device manufacturer which focuses on the orthopedic, case and tray, implant and instrument markets. Richard Holder, President and CEO, commented, "We are thrilled to welcome the Paragon team to the NN family. Paragon Medical enhances our technical proficiencies, diversifi... 
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04/24/18NN, Inc. Announces New Certification Within Life Sciences Group
JOHNSON CITY, Tenn., April 24, 2018 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that its Bridgeport, CT facility has received the Medical Devices Single Audit Program "MDSAP" certification.  The MDSAP certification allows NN Life Sciences to satisfy the regulatory needs of multiple countries with a single audit, these countries include Australia, Brazil, Canada, Japan and the United States.  The certification allows NN Life Sciences to sell more of ... 
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04/17/18NN, Inc. to Hold First Quarter 2018 Conference Call on Thursday, May 10, 2018
JOHNSON CITY, Tenn.--(BUSINESS WIRE)--Apr. 17, 2018-- NN, Inc., (Nasdaq:NNBR) a diversified industrial company, announced today that it will release first quarter 2018 financial results for the period ended March 31, 2018 after the close of the market on Wednesday, May 9, 2018. Management will hold a conference call at 9 a.m. ET on Thursday, May 10, 2018 to review the company’s results. The call can be accessed live or as a replay at www.n... 
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04/03/18NN, Inc. Announces Definitive Agreement To Acquire Paragon Medical
JOHNSON CITY, Tenn., April 3, 2018 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that it has entered into a definitive agreement to acquire PMG Intermediate Holding Corporation, the parent company of Paragon Medical, Inc. for $375 million in cash.  Paragon Medical is a medical device manufacturer which focuses on the orthopedic, case and tray, implant and instrument markets. NN anticipates the transaction will close in the second quarter of 2018 and i... 
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04/02/18NN, Inc. Files Annual Report On Form 10-K For 2017
JOHNSON CITY, Tenn., April 2, 2018 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR), a diversified industrial company, reported that it has today filed its Annual Report on Form 10-K for the year ended December 31, 2017. The report may be viewed or downloaded from the company's website, www.nninc.com. The Company initially reported its financial results for the fourth quarter and year ended December 31, 2017 on April 2, 2018. GAAP Results The following table reflects the changes in the GAAP Result... 
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03/08/18NN, Inc. Reports Fourth Quarter And Full Year 2017 Results
JOHNSON CITY, Tenn., March 8, 2018 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the fourth quarter and the year ended December 31, 2017.  GAAP Results Fourth Quarter Net sales for the fourth quarter of 2017 increased $14.5 million, or 10%, to $156 million, compared to $142 million for the fourth quarter of 2016.  Growth in the medical, aerospace and automotive end markets accounted for the increase. On a GAAP b... 
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02/22/18NN, Inc. Announces The Acquisition Of Bridgemedica, LLC
JOHNSON CITY, Tenn., Feb. 22, 2018 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced it has completed the acquisition of the assets of Bridgemedica, LLC ("Bridgemedica"), a medical device company that provides concept to supply solutions through design, development engineering and manufacturing.  Financial terms of the transaction were not disclosed. Richard Holder, President and CEO commented, "The acquisition of Bridgemedica is another key step in th... 
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02/08/18NN, Inc. To Hold Fourth Quarter And Full Year 2017 Conference Call On Thursday, March 8, 2018
JOHNSON CITY, Tenn., Feb. 8, 2018 /PRNewswire/ -- NN, Inc., (Nasdaq: NNBR) a diversified industrial company, announced today that it will release fourth quarter and full year 2017 financial results for the period ended December 31, 2017 after the close of the market on Wednesday, March 7, 2018. Management will hold a conference call at 9 a.m. ET on Thursday, March 8, 2018 to review the company's results.  The call can be accessed live or as a replay at www.nninc.com.  For those who are unavai... 
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01/18/18NN, Inc. Announces Quarterly Dividend
JOHNSON CITY, Tenn., Jan. 18, 2018 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced its Board of Directors declared a quarterly cash dividend of $0.07 per common share.  The dividend will be paid on March 2, 2018, to shareholders of record as of the close of business on February 16, 2018. NN, Inc., a diversified industrial company combines advanced engineering and production capabilities with in-depth materials science expertise to design and manufact... 
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01/18/18NN, Inc. Appoints Elvin C. Tyler Chief Compliance Officer
JOHNSON CITY, Tenn., Jan. 18, 2018 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that it has appointed Elvin C. Tyler as Chief Compliance Officer.  This role is in addition to Tyler's position as Vice President, Internal Audit.  In his new role, Tyler will have overall responsibility for NN's ethics and compliance program, and he will support NN's business operations and leadership team in driving business success through an organizational culture com... 
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01/02/18NN, Inc. Announces New Organizational Structure To Best Capture Opportunities And Drive Growth
- Establishes three market-focused divisions aligned with NN's strategic plan - Reflects and supports NN's evolution into a global diversified industrial company in attractive, high-growth market segments JOHNSON CITY, Tenn., Jan. 2, 2018 /PRNewswire/ -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today announced plans to implement a new enterprise and management structure designed to accelerate growth and further balance its portfolio by aligning NN's strategic assets and b... 
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