Press Releases

Press Releases

Date Title  
Sep 26, 2019
  CHARLOTTE, N.C. , Sept. 26, 2019 /PRNewswire/ -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today announced that Carey Smith , Chief Operating Officer of Parsons Corporation , which recently went public in May of this year, is stepping down from the NN Board of Directors,
Sep 16, 2019
CHARLOTTE, N.C. , Sept. 16, 2019 /PRNewswire/ --   NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today announced that its Board of Directors has appointed Warren Veltman , Executive Vice President of the Company's Mobile Solutions group, as the Company's interim President and Chief
Aug 30, 2019
CHARLOTTE, N.C. , Aug. 30, 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 September 23, 2019 , to stockholders of record as of
Aug 27, 2019
CHARLOTTE, N.C. , Aug. 27, 2019 /PRNewswire/ --  NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today announced the approval of the appointment of Thomas DeByle as the Company's Senior Vice President and Chief Financial Officer, which is anticipated to be effective on or before
Aug 15, 2019
CHARLOTTE, N.C. , Aug. 15, 2019 /PRNewswire/ -- NN, Inc. , (NASDAQ: NNBR) a diversified industrial company, today announced its Power Solutions group will close its facility in Fairfield, Ohio by the end of 2019.  The move aligns with the Company's strategic focus on operating excellence and
Aug 08, 2019
CHARLOTTE, N.C. , Aug. 8, 2019 /PRNewswire/ --   NN, Inc. , (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the second quarter ended June 30, 2019 . GAAP Results Second Quarter Net sales for the second quarter of 2019 increased $25.3 million , or 12.9% to
Jul 22, 2019
CHARLOTTE, N.C. , July 22, 2019 /PRNewswire/ --   NN, Inc. , (NASDAQ: NNBR) a diversified industrial company, today announced that it will release second quarter 2019 financial results for the period ended June 30, 2019 after the close of the market on Thursday, August 8, 2019 .
Jun 17, 2019
CHARLOTTE, N.C. , June 17, 2019 /PRNewswire/ --  NN, Inc., (NASDAQ: NNBR) a diversified industrial company, announced that on June 11, 2019 , it entered into an amendment to its Amended and Restated Credit Agreement.  The amendment reduced the amount available under the Company's senior secured
Jun 11, 2019
CHARLOTTE, N.C. , June 11, 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 June 28, 2019 , to stockholders of record as of the
May 09, 2019
CHARLOTTE, N.C. , May 9, 2019 /PRNewswire/ --   NN, Inc. , (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the first quarter ended March 31, 2019 . GAAP Results First Quarter Net sales for the first quarter of 2019 increased $44.1 million , or 26.1%, to
Apr 19, 2019
CHARLOTTE, N.C. , April 19, 2019 /PRNewswire/ --  NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that it will release first quarter 2019 financial results for the period ended March 31, 2019 after the close of the market on Thursday, May 9, 2019 .
Apr 18, 2019
CHARLOTTE, N.C. , April 18, 2019 /PRNewswire/ --  NN, Inc., (NASDAQ: NNBR) a diversified industrial company, today announced that it will close its shared services center in Johnson City, TN at the end of June. The move aligns with the Company's strategic focus on operating excellence and
Mar 13, 2019
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
Mar 13, 2019
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
Feb 28, 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 .
Feb 26, 2019
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.
Feb 26, 2019
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.
Feb 11, 2019
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
Feb 04, 2019
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 .
Feb 04, 2019
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
Feb 01, 2019
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
Jan 22, 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 .