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2016 Press Releases

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12/12/16NN, Inc. Announces Retirement Of Chairman Of The Board
JOHNSON CITY, Tenn., Dec. 12, 2016 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that G. Ronald Morris will retire from the company's Board of Directors and as Chairman as of the Annual Meeting to be held in May 2017.  Mr. Morris, who joined the board in 1994 has served on a variety of committees and currently serves on the Audit and Governance committees. The Board will conduct a search to fill the vacancy created by Mr. Morris' retirement.     Ro... 
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11/21/16NN, Inc. Announces Quarterly Dividend
JOHNSON CITY, Tenn., Nov. 21, 2016 /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 December 16, 2016 to shareholders of record as of the close of business on December 2, 2016. NN, Inc., a diversified industrial company combines advanced engineering and production capabilities with in-depth materials science expertise to design and manufa... 
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11/16/16NN, Inc. Names Thomas C. Burwell, Jr. Chief Financial Officer
JOHNSON CITY, Tenn., Nov. 16, 2016 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today announced that Thomas C. Burwell, Jr. has been promoted to senior vice president, and chief financial officer, effective immediately. Mr. Burwell, 47, joined NN in September 2005 as corporate controller. In 2011 he was promoted to vice president, chief accounting officer and corporate controller. Prior to joining NN, Mr. Burwell held various positions at Coats Viyella, PLC fro... 
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11/02/16NN, Inc. Reports Third Quarter 2016 Results
JOHNSON CITY, Tenn., Nov. 2, 2016 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the third quarter ended September 30, 2016.  GAAP Results Net sales for the third quarter of 2016 increased $50.2 million, or 32.4% to $205.0 million, compared to $154.8 million for the third quarter of 2015.  Acquisitions, net of divestitures added $55.2 million in revenue.  Sales in the legacy business were negatively impacted by $5.0 mil... 
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10/14/16NN, Inc. to Hold Third Quarter Conference Call on Thursday, November 3, 2016
JOHNSON CITY, Tenn., Oct. 14, 2016 /PRNewswire/ -- NN, Inc., (Nasdaq: NNBR) a diversified industrial company, announced today that it will release third quarter 2016 financial results for the period ended September 30, 2016 after the close of the market on Wednesday, November 2, 2016. Management will hold a conference call at 9 a.m. ET on Thursday, November 3, 2016 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 t... 
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10/03/16NN, Inc. Reprices Term Loan
JOHNSON CITY, Tenn., Oct. 3, 2016 /PRNewswire/ -- NN, Inc., (Nasdaq: NNBR) a diversified industrial company, announced today that it has amended and restated its credit facility, which lowered the interest rate and rate floor on the Company's term loan. The new applicable rate for the term loan is LIBOR, subject to a 0.75% rate floor, plus 4.25%, which in combination is 0.75% lower than the previous rate. There were no changes to the maturities or covenants under the credit facility. Richard ... 
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08/11/16NN, Inc. Announces Quarterly Dividend
JOHNSON CITY, Tenn., Aug. 11, 2016 /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 16, 2016, to shareholders of record as of the close of business on September 2, 2016. NN, Inc., a diversified industrial company combines advanced engineering and production capabilities with in-depth materials science expertise to design and manu... 
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08/08/16NN, Inc. Wins Bosch Asia Pacific Supplier Award
JOHNSON CITY, Tenn., Aug. 8, 2016 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today announced its China joint venture, Wuxi Weifu Autocam Precision Machinery Co. Ltd., has won the Bosch Asia Pacific Supplier Award for "superior quality and excellent performance." NN's joint venture provides high precision complex machined parts to Bosch for the Chinese market. "We are the largest supplier to Bosch's UAES group in China and are proud to be recognized for our... 
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08/03/16NN, Inc. Reports Second Quarter 2016 Results
JOHNSON CITY, Tenn., Aug. 3, 2016 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the second quarter ended June 30, 2016.  Richard Holder, President and Chief Executive Officer, commented, "Commencing with this quarter and in accordance with updated regulatory guidance we have reformatted our earnings release to report our GAAP results first, followed by our adjusted operating results." GAAP Results Net sales for the ... 
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07/08/16NN, Inc. To Hold Second Quarter Conference Call On Thursday, August 4, 2016
JOHNSON CITY, Tenn., July 8, 2016 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR) a diversified industrial company, announced today that it will release second quarter 2016 financial results for the period ended June 30, 2016 after the close of the market on Wednesday, August 3, 2016. Management will hold a conference call at 9 a.m. ET on Thursday, August 4, 2016 to review the company's results.  The call can be accessed via the internet live or as a replay at www.nninc.com.  For those who are unava... 
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06/09/16NN, Inc. Certifies Additive Manufacturing Technology For Medical Devices
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) technologie... 
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05/20/16NN, Inc. Receives Key Supplier Award
JOHNSON CITY, Tenn., May 20, 2016 /PRNewswire/ -- NN, Inc., (Nasdaq: NNBR) a diversified industrial company, announced today it has received a key supplier award from Brose, a leading supplier of mechatronic systems and electric drives. In the category of Mechanical Components, NN's Autocam Precision Components Group was recognized for their superior quality performance and the level of customer service. NN has been providing complex precision components solutions to Brose for over 10 year... 
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05/12/16NN, Inc. Appoints David K. Floyd To Board of Directors
JOHNSON CITY, Tenn., May 12, 2016 /PRNewswire/ -- NN, Inc. (Nasdaq: NNBR), a diversified industrial company, announced today that David Floyd has been appointed to the Company's Board of Directors.  Mr. Floyd replaces Michael E. Werner who has retired from the Board of Directors after 21 years of service. Mr. Floyd currently serves as a Group President of Stryker Corporation, a leading global medical technology company. Prior to joining Stryker, he served as the U.S. President, and then World... 
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05/11/16NN, Inc. Announces Quarterly Dividend
JOHNSON CITY, Tenn., May 11, 2016 /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 June 17, 2016, to shareholders of record as of the close of business on June 3, 2016. NN, Inc., a diversified industrial company combines advanced engineering and production capabilities with in-depth materials science expertise to design and manufacture hig... 
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05/04/16NN, Inc. Reports First Quarter 2016 Results In Line With Company Guidance
JOHNSON CITY, Tenn., May 4, 2016 /PRNewswire/ -- Net sales of $212.2 million, an increase of $48.5 million Adjusted income from operations increased $9.1 million to $24 million Adjusted net income of $7.1 million or $0.27 per diluted share NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the first quarter ended March 31, 2016.  First Quarter 2016 Results Net sales for the first quarter of 2016 increased $48.5 million, or 30... 
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04/20/16NN, Inc. To Attend 2016 Hannover Messe
JOHNSON CITY, Tenn., April 20, 2016 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR) a diversified industrial company, announced today that it will attend the 2016 Hannover Messe trade show event in Hannover, Germany, April 25-29. The world's largest trade fair for industrial technology, the Hannover Messe brings together thought leaders from industries around the globe to discuss the latest manufacturing innovations and technologies. The United States is making its debut as the Partner Country for t... 
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04/14/16NN, Inc. To Hold First Quarter 2016 Conference Call On Thursday, May 5, 2016
JOHNSON CITY, Tenn., April 14, 2016 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR) a diversified industrial company, announced today that it will release first quarter 2016 financial results for the period ended March 31, 2016 after the close of the market on Wednesday, May 4, 2016. Management will hold a conference call at 9 a.m. ET on Thursday, May 5, 2016 to review the company's results. The call can be accessed via the internet live or as a replay at www.nninc.com. For those who are unavailable... 
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04/13/16NN To Attend BIOMEDevice Conference & Expo
JOHNSON CITY, Tenn., April 13, 2016 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR), a diversified industrial company, announced today that it will attend the BIOMEDevice Conference and Expo in Boston, MA on April 13th-14th, 2016. The BIOMEDevice Conference and Expo brings together industry thought leaders to discuss the latest medical technologies, advanced manufacturing techniques, new materials, and suppliers from every step in the medical manufacturing process. NN will be displaying its compr... 
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04/04/16NN Announces CFO Retirement
JOHNSON CITY, Tenn., April 4, 2016 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR), a diversified industrial company, announced today that James H. Dorton, the company's Chief Financial Officer, is retiring effective April 8, 2016 after an 11-year career with the company. Richard Holder, President and CEO, commented, "I would like to thank Jim for his years of dedicated service.  He made significant contributions to NN's success during his time as CFO." Mr. Dorton commented, "It has been my great... 
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03/31/16NN Announces New Long Term Customer Agreement
JOHNSON CITY, Tenn., March 31, 2016 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR), a diversified industrial company, announced today that it will begin production of a new series of Cylindrical Roller Bearing cages that utilizes a proprietary process technology. NN developed this technology at one of its R&D innovation centers and has been working closely with major bearing suppliers to validate the new process. The flexible manufacturing technology allows bearing manufacturers to replace expe... 
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03/15/16NN, Inc. Files Annual Report On Form 10-K For 2015
JOHNSON CITY, Tenn., March 15, 2016 /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, 2015.  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, 2015 on March 10, 2016. In the GAAP Results section of the March 10, 2016 release, the Company... 
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03/10/16NN, Inc. Reports Fourth Quarter 2015 Results In Line With Company Guidance
JOHNSON CITY, Tenn., March 10, 2016 /PRNewswire/ -- Net sales of $183.9 million, an increase of $30.1 million Adjusted income from operations grew to $19.4 million Adjusted net income of $6.8 million or $0.25 per diluted share NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the fourth quarter and year ended December 31, 2015.  Fourth Quarter 2015 Results Net sales for the fourth quarter of 2015 increased $30.1 million, or ... 
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01/28/16NN, Inc. To Host Annual Investor Day
JOHNSON CITY, Tenn., Jan. 28, 2016 /PRNewswire/ -- NN, Inc., (Nasdaq: NNBR) a diversified industrial company, announced today that the Company is hosting its third  annual investor day on Thursday, March 24, 2016 at the Westin Grand Central in New York from 9:00 a.m. to approximately 12:00 p.m. EST.  The event will feature presentations from President & CEO Richard Holder, as well as other members of the management team on the Company's strategic plan. Mr. Holder commented, "We're excited... 
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01/27/16NN, Inc. To Hold Fourth Quarter And Full Year 2015 Conference Call On Thursday, March 10, 2016
JOHNSON CITY, Tenn., Jan. 27, 2016 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR) a diversified industrial company, announced today that it will release fourth quarter 2015 financial results for the period ended December 31, 2015 after the close of the market on Wednesday, March 9, 2016. Management will hold a conference call at 9 a.m. ET on Thursday, March 10, 2016 to review the company's results.  The call can be accessed via the internet live or as a replay at www.nninc.com. For those who are un... 
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01/25/16NN, Inc. Announces Quarterly Dividend
JOHNSON CITY, Tenn., Jan. 25, 2016 /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 March 4, 2016, to shareholders of record as of the close of business on February 19, 2016. NN, Inc., a diversified industrial company, manufactures and supplies high precision metal bearing components, industrial plastic and rubber products and precision me... 
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