$NNBR
Industrial Machinery/Components
Industrials

NN, Inc., a diversified industrial company, designs, manufactures, and sells high-precision components and assemblies primarily for the electrical, automotive, general industrial, aerospace and defense, and medical markets. It operates through Mobile Solutions and Power Solutions segments. The Mobile Solutions segment manufactures and sells system critical components for fuel systems, engines and transmissions, power steering systems, and electromechanical motors for general industrial and automotive end markets. The Power Solutions segment designs, manufactures, and sells a range of high-precision metal and plastic components, assemblies, and finished devices used in applications ranging from power control to flight control and for military devices. Its products include electrical contacts, connectors, contact assemblies, and precision stampings for the electrical end market; and high precision products for the aerospace and defense end markets. This segment also produces various tools and instruments for the orthopaedics and medical/surgical end markets. The company sells its products worldwide primarily to manufacturers directly. NN, Inc. was founded in 1980 and is headquartered in Charlotte, North Carolina.

IPO Year: 1994

Exchange: NASDAQ

Website: nninc.com

Recent Analyst Ratings for NN Inc.

DatePrice TargetRatingAnalyst
4/15/2024$6.00Outperform
Noble Capital Markets
8/7/2023$2.00 → $4.00Hold → Buy
Lake Street
3/18/2022Overweight → Sector Weight
KeyBanc Capital Markets
9/27/2021$9.00 → $8.00Overweight
Keybanc
8/9/2021$12.00 → $9.00Overweight
Keybanc
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NN Inc. Press Releases

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  • NN, Inc. Executive Management to Present at the Sidoti Small Cap Conference

    CHARLOTTE, N.C., March 18, 2025 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that Harold Bevis, President and Chief Executive Officer, and Chris Bohnert, Senior Vice President and Chief Financial Officer, will be presenting virtually at the Sidoti Small Cap Conference on Thursday March 20, 2025. The presentation will begin at 3:15 p.m. ET on Thursday, March 20, 2025. Investors interested in accessing the webcast presentation may register to view the live event here. All registrants will receive a link to the event upon registration. A link to the webcast a

    $NNBR
    Industrial Machinery/Components
    Industrials
  • NN, Inc. Reports Fourth Quarter and Full Year 2024 Results

    NN delivers performance as expected in first full year of transformation NN is accelerating and further refining transformation plans in 2025 CHARLOTTE, N.C., March 05, 2025 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR) ("NN" or the "Company"), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today reported its financial results for the fourth quarter and full-year ended December 31, 2024. Key results for the quarter and full-year ended 2024 include (compared with the fourth quarter and full-year of 2023): Net sales of $106.5 million and $464.3 million, decreased by 5.3% and 5.1%, respectively.Pro forma net sales, adjusted fo

    $NNBR
    Industrial Machinery/Components
    Industrials
  • NN, Inc. to Hold Fourth Quarter and Full Year 2024 Earnings Conference Call on Thursday, March 6, 2025

    CHARLOTTE, N.C., Feb. 20, 2025 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that it will release its fourth quarter and full-year 2024 financial results for the period ended December 31st, 2024, after the close of the market on Wednesday, March 5th, 2025. The Company will hold a related conference call on Thursday, March 6th, 2025, at 9:00 a.m. E.T. Participants on the call are asked to register five to ten minutes prior to the scheduled start time by dialing 1-877-255-4315 and from outside the U.S. at 1-412-317-6579. The conference call will be webcast simultan

    $NNBR
    Industrial Machinery/Components
    Industrials
  • NN, Inc. Announces Revised Presentation Date and Time at Upcoming Sidoti Micro Cap Conference

    CHARLOTTE, N.C., Jan. 21, 2025 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, is announcing a revised date and time for the executive management's virtual presentation at the upcoming Sidoti Micro Cap conference. The presentation will now begin at 2:30 p.m. ET on Wednesday, January 22nd, 2025. Investors interested in accessing the webcast presentation may register to view the live event here. All registrants will receive a link to the event upon registration. A link to the webcast and associated presentation materials can also be accessed through the investor section of the Compa

    $NNBR
    Industrial Machinery/Components
    Industrials
  • Sidoti Events, LLC's Virtual January Micro-Cap Conference

    NEW YORK, NY / ACCESS Newswire / January 21, 2025 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day January Micro-Cap Conference taking place Wednesday and Thursday, January 22-23, 2025. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links.Presentation Schedule*All Times ESTWednesday, January 22, 2025 (Day 1)8:30-9:00Rectitude Holdings Ltd (RECT)*****9:15-9:45Rezolve AI (RZLV)Alico (ALCO)10:00-10:30Harvard Bioscience (HBIO)Flotek Industries (FTK)10:45-11:15Amesite Inc. (AMST)*****11:30-12:00*****Forum Energy Technologies Inc (FET)12:15-12

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  • NN, Inc. Announces Release of Company's 2023 Sustainability Report

    CHARLOTTE, N.C., Jan. 17, 2025 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today announced the release of its 2023 Sustainability Report, detailing the company's efforts and accomplishments in advancing sustainable business practices and strategies for further improvement for the fiscal year 2023. The report reflects NN's dedication to transparency, innovation, and responsible business practices. The report aligns with leading sustainability reporting frameworks, including those of the Sustainability Accounting Standards Board (SASB), and the Task Force on Climate related Fina

    $NNBR
    Industrial Machinery/Components
    Industrials
  • NN, Inc. Executive Management to Present at the Sidoti Micro Cap Conference

    CHARLOTTE, N.C., Jan. 17, 2025 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that Harold Bevis, President and Chief Executive Officer, and Chris Bohnert, Senior Vice President and Chief Financial Officer, will be presenting virtually at the Sidoti Micro Cap Conference on January 23rd, 2025. The presentation will begin at 10:45 a.m. ET on Thursday, January 23rd, 2025. Investors interested in accessing the webcast presentation may register to view the live event here. All registrants will receive a link to the event upon registration. A link to the webcast and as

    $NNBR
    Industrial Machinery/Components
    Industrials
  • NN, Inc. Announces Second Consecutive Year of Record-Setting New Business Wins

    CHARLOTTE, N.C., Jan. 14, 2025 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today announced the results of its new business wins program for the year ended December 31, 2024. Highlights: Full-year 2024 new business wins were $73 million, exceeding the high end of the Company's guidance rangeRecord amount of annualized new business wins results for the second consecutive year2024 new business wins were $73 million, 2023 new business wins were $63 million, 2022 new business wins were $38.5 millionNew wins in 2024 were in the key focus areas of vehicle control, energy efficie

    $NNBR
    Industrial Machinery/Components
    Industrials
  • NN, Inc. Announces New Asset-Based Lending Facility

    CHARLOTTE, N.C., Jan. 02, 2025 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that it has entered into an ABL Credit Agreement governing a new asset-backed senior secured revolving credit facility (the "ABL"). The new ABL Credit Agreement will provide NN Inc. with a $50 million revolving credit facility. The proceeds from the new credit facility were applied to refinance outstanding obligations under the company's existing asset-backed loan credit agreement. The new ABL Credit Agreement will carry a maturity of the earlier of two dates, between December 30, 2029,

    $NNBR
    Industrial Machinery/Components
    Industrials
  • NN, Inc. Executive Management to Present at the Noble Capital Markets 20th Annual Emerging Growth Equity Conference

    CHARLOTTE, N.C., Dec. 02, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that Chris Bohnert, Senior Vice President and Chief Financial Officer, will present at Noble Capital Markets' NobleCon20 Twentieth Annual Emerging Growth Equity Conference at Florida Atlantic University, Executive Education Complex on Tuesday, December 3rd at 1:30 p.m. ET. Management will also be meeting in one-on-one and group meetings with investors registered to attend the event. A link to the associated materials can also be accessed through the investor section of the Compan

    $NNBR
    Industrial Machinery/Components
    Industrials

NN Inc. Analyst Ratings

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NN Inc. Insider Purchases

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NN Inc. Leadership Updates

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  • NN, Inc. Selects Jami Statham as SVP & General Counsel

    CHARLOTTE, N.C., July 08, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today announced the appointment of Jami Statham as the Company's new Senior Vice President, General Counsel and Corporate Secretary, effective immediately. Statham will report directly to NN's Chief Executive Officer, Harold Bevis. "We're excited to have Jami on board and leverage her deep experience guiding clients and companies through pivotal moments," said Harold Bevis, President and CEO of NN, Inc. "I've already seen firsthand that Jami is focused, calm under pressure, and not afraid to dig into pr

    $NNBR
    Industrial Machinery/Components
    Industrials
  • NN, Inc. Announces Chris Bohnert as Chief Financial Officer

    CHARLOTTE, N.C., June 24, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today announced the appointment of Chris Bohnert as Chief Financial Officer, effective June 25, 2024. Bohnert brings over 30 years of global manufacturing leadership experience as an accomplished CFO with significant experience in successful business transitions and deep accounting expertise. Bohnert will report directly to NN's Chief Executive Officer, Harold Bevis. Bohnert succeeds Mike Felcher, who is departing the company to pursue other opportunities. Felcher will stay on as a consultant to assist w

    $NNBR
    Industrial Machinery/Components
    Industrials
  • NN, Inc. Announces Jeff Tritapoe as Vice President of Global Operations

    CHARLOTTE, N.C., April 10, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today announced the appointment of Jeff Tritapoe as Vice President of Global Operations, effective April 10, 2024. In this newly created position, Jeff will be a key leader responsible for driving the company's operations team of approximately 3,000 employees in six countries and helping generate significant business transformation, margin enhancement and operational excellence. Mr. Tritapoe brings over 30 years of experience in manufacturing, operations and business transformation. He will report direc

    $NNBR
    Industrial Machinery/Components
    Industrials
  • NN, Inc. Announces David Harrison as Chief Procurement Officer

    CHARLOTTE, N.C., Aug. 22, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that manufactures high-precision components and assemblies, today announced the appointment of David Harrison, Chief Procurement Officer, effective immediately. In this role, he is responsible for leading and transforming the company's procurement and supply chain function globally. Mr. Harrison brings more than three decades of experience in manufacturing, operations, and business transformation. He will report to Tim French, NN's new Chief Operating Officer. "I am excited to welcome David as NN's first Chief Procurement Officer. Both Harold Bevis and I have had the pleasure

    $NNBR
    Industrial Machinery/Components
    Industrials
  • NN, Inc. Announces Tim French as Senior Vice President and Chief Operating Officer

    CHARLOTTE, N.C., Aug. 10, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that manufactures high-precision components and assemblies, today announced the appointment of Tim French, Senior Vice President and Chief Operating Officer, effective August 10, 2023. In this role, he is responsible for leading the company's operations team of approximately 3,000 employees in six countries and helping generate significant business transformation. Mr. French brings 35 years of experience in manufacturing, operations, and business transformation. He will report directly to Harold Bevis, NN's new President and Chief Executive Officer. "Tim is an experienced l

    $NNBR
    Industrial Machinery/Components
    Industrials
  • NN, Inc. Announces Plan to Reduce Board Size From Nine to Seven Members

    CHARLOTTE, N.C., July 12, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that manufactures high-precision components and assemblies, today announced that as a part of its ongoing review of governance policies and commitment to operating consistently with best practices in corporate governance, its Board of Directors has decided to reduce the Board's size from nine to seven members. As a result, independent directors Shihab Kuran and Robert E. Brunner offered to and will retire, effective August 23, 2023.   Jeri Harman, Chairman of the Board of NN, commented, "As we benchmarked companies of similar-size and in our industry, we recognized the opport

    $NNBR
    Industrial Machinery/Components
    Industrials
  • NN, Inc. Announces Harold Bevis as President and Chief Executive Officer

    CHARLOTTE, N.C., May 09, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that manufactures high-precision components and assemblies, today announced the appointment of Harold Bevis as President and Chief Executive Officer effective May 22, 2023. Mr. Bevis will succeed Warren Veltman, who will retire just prior to the new CEO start date, in alignment with the planned executive transition announced November 1, 2022. Jeri Harman, Chairman of the Board of NN, commented, "The Board of NN is pleased to welcome Harold Bevis as the Company's new President and Chief Executive Officer. Harold brings an impressive track record of operational excellence and dr

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  • NN, Inc. Announces Resignation of Matthew Heiter, Senior Vice President, General Counsel and Secretary, Due to Health Reasons

    CHARLOTTE, N.C., April 28, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), 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. Warren Veltman, President and Chief Executive Officer, commented, "I would like to express my sincere appreciation for Matt's leadership and many contributions since he joined our team in 2015. As General Counsel, Matt has been a steadfast partner to me during my tenure as CEO, and a significant driver of the evolution and success of our business. Matt

    $NNBR
    Industrial Machinery/Components
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  • NN, Inc. Expands Board Of Directors With Appointment Of João Faria

    CHARLOTTE, N.C., April 14, 2021 /PRNewswire/ -- NN, Inc. (NASDAQ:NNBR), a diversified industrial company, today announced that João Faria has been named to its Board of Directors, effective April 13, 2021. Mr. Faria brings decades of manufacturing and engineering experience to the Board, with a specific focus on the electric vehicle (EV) market.  Mr. Faria currently serves as President of the Vehicle Group/eMobility at Eaton Corporation, a global power management company providing energy-efficient products and services to help customers effectively manage electric, hydraulic, and mechanical power. Previously, in his over three-decade career in engineering and manufacturing, Mr. Faria held a

    $NNBR
    Industrial Machinery/Components
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  • NN, Inc. Appoints Dr. Shihab Kuran to Board of Directors

    CHARLOTTE, N.C., March 9, 2021 /PRNewswire/ -- NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today announced that Dr. Shihab Kuran has been named to its Board of Directors, effective March 8, 2021. Dr. Kuran brings nearly three decades of global experience in a broad range of technical and executive roles within the energy industry, with specific focus on renewable energy and smart grid technology.  Dr. Kuran is the founder of Power Edison, a company focused on providing innovative mobile energy storage solutions for the grid, and currently serves as President and CEO.  He previously served as President of Strategic Development at NRG Energy, Inc., where he led developments of

    $NNBR
    Industrial Machinery/Components
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NN Inc. Financials

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  • NN, Inc. Reports Fourth Quarter and Full Year 2024 Results

    NN delivers performance as expected in first full year of transformation NN is accelerating and further refining transformation plans in 2025 CHARLOTTE, N.C., March 05, 2025 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR) ("NN" or the "Company"), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today reported its financial results for the fourth quarter and full-year ended December 31, 2024. Key results for the quarter and full-year ended 2024 include (compared with the fourth quarter and full-year of 2023): Net sales of $106.5 million and $464.3 million, decreased by 5.3% and 5.1%, respectively.Pro forma net sales, adjusted fo

    $NNBR
    Industrial Machinery/Components
    Industrials
  • NN, Inc. to Hold Fourth Quarter and Full Year 2024 Earnings Conference Call on Thursday, March 6, 2025

    CHARLOTTE, N.C., Feb. 20, 2025 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that it will release its fourth quarter and full-year 2024 financial results for the period ended December 31st, 2024, after the close of the market on Wednesday, March 5th, 2025. The Company will hold a related conference call on Thursday, March 6th, 2025, at 9:00 a.m. E.T. Participants on the call are asked to register five to ten minutes prior to the scheduled start time by dialing 1-877-255-4315 and from outside the U.S. at 1-412-317-6579. The conference call will be webcast simultan

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    Industrial Machinery/Components
    Industrials
  • NN, Inc. Reports Third Quarter 2024 Results

    CHARLOTTE, N.C., Oct. 30, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today reported its financial results for the third quarter ended September 30, 2024. Highlights New business wins in the quarter were $15 million, bringing year-to-date and trailing-21-month totals to $49 million and $113 million, respectively; on pace with full-year guidance;Continuing to lower the cost structure of our North American Mobile Solutions footprint to achieve a minimum 10% adjusted EBITDA margin rate through footprint optimization and overhead cost reduction;China sales growth continues o

    $NNBR
    Industrial Machinery/Components
    Industrials
  • NN, Inc. to Reschedule Third Quarter 2024 Earnings Conference Call for Thursday, October 31, 2024

    CHARLOTTE, N.C., Oct. 23, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that it has rescheduled the release of its third quarter 2024 financial results for the period ended September 30th, 2024. The Company will now publish its third quarter earnings one day earlier than its previously scheduled release, after the close of the market on Wednesday, October 30th, 2024. The Company will hold a related conference call on Thursday, October 31st, 2024, at 9:00 a.m. E.T. Participants on the call are asked to register five to ten minutes prior to the scheduled sta

    $NNBR
    Industrial Machinery/Components
    Industrials
  • NN, Inc. to Hold Third Quarter 2024 Earnings Conference Call on Friday, November 1, 2024

    CHARLOTTE, N.C., Oct. 17, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that it will release its third quarter 2024 financial results for the period ended September 30th, 2024, after the close of the market on Thursday, October 31st, 2024. The Company will hold a related conference call on Friday, November 1st, 2024, at 9:00 a.m. E.T. Participants on the call are asked to register five to ten minutes prior to the scheduled start time by dialing 1-877-255-4315 and from outside the U.S. at 1-412-317-6579. The conference call will be webcast simultaneously and

    $NNBR
    Industrial Machinery/Components
    Industrials
  • NN, Inc. Reports Second Quarter 2024 Results

    Continued profitability improvement and stronger pace of new business wins driven by strategic transformation plan Company reaffirms full year 2024 outlook CHARLOTTE, N.C., Aug. 07, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today reported its financial results for the second quarter ended June 30, 2024. Highlights Strategic transformation program drove enhanced results, fourth consecutive quarter of improved year-over-year performance;Second quarter net sales of $123.0 million, down 1.8% versus prior year, driven primarily by unfavorable foreign exchange impacts and

    $NNBR
    Industrial Machinery/Components
    Industrials
  • NN, Inc. to Hold Second Quarter 2024 Earnings Conference Call on Thursday, August 8, 2024

    CHARLOTTE, N.C., July 26, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that it will release its second quarter 2024 financial results for the period ended June 30, 2024, after the close of the market on Wednesday, August 7, 2024. The company will hold a related conference call on Thursday, August 8, 2024, at 10 a.m. E.T. Participants on the call are asked to register five to 10 minutes prior to the scheduled start time by dialing 1-877-255-4315 and from outside the U.S. at 1-412-317-6579. The conference call will be webcast simultaneously and in its entiret

    $NNBR
    Industrial Machinery/Components
    Industrials
  • Blackford Capital Acquires Industrial Molding Corporation from NN, Inc.

    GRAND RAPIDS, Mich., July 03, 2024 (GLOBE NEWSWIRE) -- Blackford Capital ("Blackford"), a leading lower middle market private equity firm, announced today the acquisition of Industrial Molding Corporation ("IMC"), an injection molded plastic products manufacturer and subsidiary of NN, Inc. (NASDAQ:NNBR), as the first add-on acquisition for its portfolio company, Davalor Mold Company, LLC ("Davalor"). IMC is an independently run subsidiary of global precision metal manufacturer NN, Inc. Founded in 1947, IMC is a leading manufacturer of precision-engineered injection molded industrial components with international blue chip customers in a wide variety of end markets. The Lubbock, Texas-base

    $NNBR
    Industrial Machinery/Components
    Industrials
  • NN, Inc. Reports First Quarter 2024 Results

    CHARLOTTE, N.C., May 06, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today reported its financial results for the first quarter ended March 31, 2024. Highlights Strategic transformation program drove another quarter of improved results, 3rd quarter in a row;First quarter net sales of $121.2 million, down 4.6% versus prior year, driven largely by rationalized volume;First quarter operating loss of $4.8 million, an improvement of $2.3 million versus prior year;First quarter adjusted EBITDA of $11.3 million, an improvement of 38.9% versus prior year;First quarter fr

    $NNBR
    Industrial Machinery/Components
    Industrials
  • NN, Inc. to Hold First Quarter 2024 Earnings Conference Call on Tuesday, May 7, 2024

    CHARLOTTE, N.C., April 24, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ:NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that it will release its first quarter 2024 financial results for the period ended March 31, 2024, after the close of the market on Monday, May 6, 2024. The company will hold a related conference call on Tuesday, May 7, 2024, at 9 a.m. E.T. Participants on the call are asked to register five to 10 minutes prior to the scheduled start time by dialing 1-877-255-4315 and from outside the U.S. at 1-412-317-6579. The conference call will be webcast simultaneously and in its entirety through

    $NNBR
    Industrial Machinery/Components
    Industrials

NN Inc. Large Ownership Changes

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