NN, Inc. Announces Harold Bevis as President and Chief Executive OfficerIndustry Veteran Brings Decades of Experience in Electric Vehicles, Technology, Business Transformation and Growth
NN, Inc. Reports Financial Results for First Quarter 2023Results impacted by continued macro challenges and new program launch inefficiencies
NN, Inc. Announces Resignation of Matthew Heiter, Senior Vice President, General Counsel and Secretary, Due to Health ReasonsCHARLOTTE, N.C., April 28, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (
NASDAQNNBR), a global diversified industrial company that manufactures high-precision components and assemblies, today announced that due to health reasons, Matthew S. Heiter is resigning as Senior Vice President, General Counsel and Secretary of NN, Inc., effective immediately.
NN, Inc. opens plant in São João da Boa Vista, São Paulo, BrazilCHARLOTTE, N.C., April 24, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (
NASDAQNNBR), a global diversified industrial company that manufactures high-precision components and assemblies, has opened a state-of-the-art 50,000+ square foot facility in São João da Boa Vista, São Paulo, Brazil. NN employs approximately 3500 associates globally, including approximately 600 in São João da Boa Vista. This new facility, the third on the São João da Boa Vista campus, will provide jobs for an additional 200 employees, making NN a top employer in the area.
NN, Inc. To Hold First Quarter 2023 Earnings Conference Call on Friday, May 5, 2023CHARLOTTE, N.C., April 20, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (
NASDAQNNBR), a diversified industrial company, announced today that it will release its first quarter 2023 financial results for the period ended March 31, 2023 after the close of the market on Thursday, May 4, 2023. The company will hold a related conference call on Friday, May 5, 2023 at 9:00 a.m. ET. Participants on the call are asked to register five to ten minutes prior to the scheduled start time by dialing 1-877-317-6789 and from outside the U.S. at 1-412-317-6789. Please use the conference identification number 10176815.
NN, Inc. Reports Financial Results For Fourth Quarter and Full Year 2022Fourth quarter net sales increased 6.9% over the prior year; Provides Outlook for 2023
NN, Inc. Announces Amendments to Term Loan and Asset Backed Credit FacilityCHARLOTTE, N.C., March 07, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (
NASDAQNNBR), a diversified industrial company, today announced an amendment to its $150 million term loan with funds managed by Oaktree Capital Management, L.P. (“Oaktree”). The Company also amended its asset backed credit facility (ABL) with J.P. Morgan.
Cummins honors NN, Inc. with its 2022 Best Delivery Performance AwardCHARLOTTE, N.C., March 01, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (
NASDAQNNBR), a global diversified industrial company, is pleased to announce that it earned two 2022 Best Delivery Performance – Direct Sourcing awards from Cummins Inc. at the recent Cummins 2022 Global Supplier Recognition event. Out of the thousands of companies across its value chain, Cummins recognized a total of 20 domestic and global suppliers. NN received both the North America and the Global award in the delivery category.
NN, Inc. To Hold Fourth Quarter and Full Year 2022 Earnings Conference Call on Friday, March 10, 2023CHARLOTTE, N.C., Feb. 24, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (
NASDAQNNBR), a diversified industrial company, announced today that it will release its fourth quarter and full year 2022 financial results for the period ended December 2022 after the close of the market on Thursday, March 9, 2023. The company will hold a related conference call on Friday, March 10, 2023 at 9:00 a.m. EDT. Participants on the call are asked to register five to ten minutes prior to the scheduled start time by dialing 1-877-317-6789 and from outside the U.S. at 1-412-317-6789. Please use the conference identification number 10173910.
Schaeffler honors NN, Inc. with its 2022 Supplier Best Quality AwardCHARLOTTE, N.C., Feb. 16, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (
NASDAQNNBR), a global diversified industrial company, has announced that its Wuxi, China manufacturing plant earned the 2022 Supplier Best Quality Award from the Schaeffler Group at its Supplier Day celebration.
DENSO honors NN, Inc. with its 2021 Supplier Excellent Quality AwardCHARLOTTE, N.C., Dec. 15, 2022 (GLOBE NEWSWIRE) -- NN, Inc. (
NASDAQNNBR), a global diversified industrial company, is pleased to announce that its Wuxi, China manufacturing plant received the 2021 Supplier Excellent Quality Award from the global auto parts manufacturer DENSO. The 2021 Award was postponed until this year due to COVID-19 disruptions.
Nylacast Automotive and NN, Inc. to Partner on Worm GearsetsCHARLOTTE, N.C., Nov. 29, 2022 (GLOBE NEWSWIRE) -- NN, Inc. (
NASDAQNNBR), a global diversified industrial company, and Nylacast Automotive are pleased to announce their collaboration on electric power steering (EPS) worm wheel and worm shaft gearsets.
Steve Heethuis named 2022 MFG Talent Champion by the Michigan Manufacturers AssociationCHARLOTTE, N.C., Nov. 15, 2022 (GLOBE NEWSWIRE) -- NN, Inc. (
NASDAQNNBR), a global diversified industrial company, is pleased to announce that Steve Heethuis, Training Director, has been recognized as the 2022 MFG Talent Champion by the Michigan Manufacturers Association (MMA).
NN’s John Buchan To Attend White House Celebration Of Community Skills TrainingCHARLOTTE, N.C., Nov. 02, 2022 (GLOBE NEWSWIRE) -- NN, Inc. (
NASDAQNNBR), a global diversified industrial company, today announced that President Joe Biden has invited NN, Inc.’s John Buchan, Executive Vice President, Mobile Solutions and Power Solutions, to attend an event celebrating the Infrastructure Talent Pipeline Challenge. The president will host the event honoring businesses, educators, and non-profit organizations that support skills training in their communities.
NN, Inc. Announces Executive Team TransitionCHARLOTTE, N.C., Nov. 01, 2022 (GLOBE NEWSWIRE) -- NN, Inc. (
NASDAQNNBR), a global diversified industrial company, today announced that its Board of Directors has implemented a management transition plan to address the planned retirements of Warren Veltman, President and Chief Executive Officer, and John Buchan, Executive Vice President, Mobile Solutions and Power Solutions. NN anticipates that Mr. Veltman and Mr. Buchan will remain in their current positions until March 31, 2023, which may be extended in order to facilitate an orderly transition. Following their respective retirements, the Company expects that Mr. Veltman and Mr. Buchan will remain available on a consulting basis to assist with the management transition as needed.
NN, Inc. Reports Financial Results for Third QuarterNet sales increased 8.6% over the prior year; Continued progress on strategic initiatives despite challenging inflation and supply chain environment
NN, Inc. To Hold Third Quarter 2022 Earnings Conference Call on Wednesday, November 2, 2022CHARLOTTE, N.C., Oct. 18, 2022 (GLOBE NEWSWIRE) -- NN, Inc. (
NASDAQNNBR), a global diversified industrial company, announced today that it will release its third quarter 2022 financial results for the period ended September 2022 after the close of the market on Tuesday, November 1, 2022. The company will hold a related conference call on Wednesday, November 2, at 9:00 a.m. EDT. Participants on the call are asked to register five to ten minutes prior to the scheduled start time by dialing 1-877-317-6789 and from outside the U.S. at 1-412-317-6789. Please use the conference identification number 10170581.
NN, Inc. Announces Closure of Manufacturing Facility in Irvine, CaliforniaCHARLOTTE, N.C., Oct. 13, 2022 (GLOBE NEWSWIRE) -- NN, Inc. (
NASDAQNNBR), a diversified industrial company, today announced that it will close its manufacturing facility in Irvine, California. The decision is part of NN’s strategic shift to focus on organic growth opportunities in the rapidly growing electric vehicle and electric infrastructure markets, and its ongoing efforts to optimize the Company’s manufacturing footprint and improve profitability and cash flow generation. NN has initiated a total of five plant closures in 2022 and expects to complete all closures by March 2023.
