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NN, Inc. Announces Revised Presentation Date and Time at Upcoming Sidoti Micro Cap Conference
Newsfilter· 2025-01-21 21:30
Core Viewpoint - NN, Inc. has announced a revised schedule for its executive management's virtual presentation at the Sidoti Micro Cap conference, now set for January 22, 2025, at 2:30 p.m. ET [1][2]. Company Overview - NN, Inc. is a global diversified industrial company that specializes in engineering and manufacturing high-precision components and assemblies for various markets worldwide [4]. - The company is headquartered in Charlotte, North Carolina, and operates facilities across North America, Europe, South America, and Asia [4]. Investor Engagement - In addition to the webcast presentation, NN, Inc.'s executive management will conduct one-on-one and group meetings with registered investors and analysts during the conference [3]. - Investors interested in the webcast can register to access the live event and will receive a link upon registration [2].
NN, Inc. Announces Release of Company's 2023 Sustainability Report
GlobeNewswire News Room· 2025-01-17 13:15
Core Insights - NN, Inc. released its 2023 Sustainability Report, highlighting its commitment to sustainable business practices and transparency [1] - The report aligns with major sustainability frameworks such as SASB and TCFD, and incorporates UN Sustainable Development Goals [2] Company Overview - NN, Inc. is a global diversified industrial company specializing in high-precision components and assemblies, with a strong focus on engineering and materials science [3] - The company is headquartered in Charlotte, North Carolina, and operates facilities across North America, Europe, South America, and Asia [3]
NN, Inc. Announces Release of Company's 2023 Sustainability Report
Newsfilter· 2025-01-17 13:15
Core Insights - NN, Inc. released its 2023 Sustainability Report, highlighting its commitment to sustainable business practices and transparency [1] - The report aligns with major sustainability frameworks such as SASB and TCFD, and incorporates UN Sustainable Development Goals [2] Company Overview - NN, Inc. is a global diversified industrial company specializing in high-precision components and assemblies, with a strong focus on engineering and materials science [3] - The company is headquartered in Charlotte, North Carolina, and operates facilities across North America, Europe, South America, and Asia [3] Investor Relations - For investor inquiries, contact Joseph Caminiti or Stephen Poe at NNBR@alpha-ir.com or call 312-445-2870 [4]
NN, Inc. Executive Management to Present at the Sidoti Micro Cap Conference
Globenewswire· 2025-01-17 13:00
Core Viewpoint - NN, Inc. will present at the Sidoti Micro Cap Conference on January 23, 2025, highlighting its position as a global diversified industrial company specializing in high-precision components and assemblies [1][2]. Company Overview - NN, Inc. is a global diversified industrial company that combines advanced engineering and production capabilities with materials science expertise to manufacture high-precision components and assemblies for various markets [4]. - The company is headquartered in Charlotte, North Carolina, and operates facilities across North America, Europe, South America, and Asia [4]. Event Details - The presentation at the Sidoti Micro Cap Conference is scheduled to begin at 10:45 a.m. ET on January 23, 2025 [2]. - Investors can register to access the live webcast presentation, and all registrants will receive a link to the event [2]. - In addition to the webcast, executive management will conduct one-on-one and group meetings with registered investors and analysts [3].
NN, Inc. Announces Second Consecutive Year of Record-Setting New Business Wins
Globenewswire· 2025-01-14 13:00
Core Insights - NN, Inc. achieved new business wins of $73 million in 2024, bringing the two-year total to $136 million [1][5] - The company aims to grow sales to $600 million and achieve 13% adjusted EBITDA rates over the next five years [3][7] Business Performance - New business wins in 2024 exceeded the high end of the company's guidance range, with 2023 wins at $63 million and 2022 at $38.5 million [5] - The company has a new business pipeline of over $720 million, which has grown more than 40% compared to the previous year [4][5] Strategic Focus - Key focus areas for new business in 2024 included vehicle control, energy efficiency, electrical grid devices, and medical components [5] - The company plans to launch 80 new programs in 2025, with 70 already won, and has over 50 new business programs underway for Q1 2025 [6][5] Market Positioning - NN, Inc. is positioning itself as an elite supplier in targeted high-value markets, leveraging its unique capabilities and technical advantages [4][3] - The company has been recognized with the Cummins Innovation Award for its work on new products [5]
NN, Inc. Announces New Asset-Based Lending Facility
Globenewswire· 2025-01-02 21:15
New ABL facility marks successful next step in Company’s balance sheet optimization strategyCHARLOTTE, 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 cre ...
NN, Inc. Executive Management to Present at the Gabelli Funds 48th Annual Automotive Symposium
GlobeNewswire News Room· 2024-11-02 22:00
CHARLOTTE, N.C., Nov. 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 Harold Bevis, President and Chief Executive Officer, and Chris Bohnert, Senior Vice President and Chief Financial Officer, will be presenting at the Gabelli Funds 48th Annual Automotive Symposium on November 4, 2024 in Las Vegas. The presentation will begin at 11:20 a.m. PT (2:20 p.m. ET) on Monday, ...
NN(NNBR) - 2024 Q3 - Quarterly Results
2024-10-31 00:39
Exhibit 99.1 NN, Inc. 6210 Ardrey Kell Road, Suite 120 Charlotte, NC 28277 FOR IMMEDIATE RELEASE NN, INC. REPORTS THIRD QUARTER 2024 RESULTS Transformation agenda moving at a faster pace, with footprint changes and operating expense reductions; new business wins continue at a strong rate, expect 2025 year-over-year sales growth CHARLOTTE, N.C., October 30, 2024 – NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today r ...
NN, Inc. Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-10-30 22:00
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 ...
NN, Inc. to Reschedule Third Quarter 2024 Earnings Conference Call for Thursday, October 31, 2024
GlobeNewswire News Room· 2024-10-23 20:15
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 Comp ...