---
title: "News | NN, Inc."
canonical: "https://www.nninc.com/news/"
last_updated: "2024-08-02T21:22:14+00:00"
---

# Latest Updates Newsroom

[![NN, Inc. Announces Preliminary Third Quarter 2019 Results and Updates Full Year Guidance](https://www.nninc.com/wp-content/themes/nninc/images/nn-logo-blue-bg.jpg)](https://www.nninc.com/nn-inc-announces-preliminary-third-quarter-2019-results-and-updates-full-year-guidance/)

###### October 29, 2019

#### [NN, Inc. Announces Preliminary Third Quarter 2019 Results and Updates Full Year Guidance](https://www.nninc.com/nn-inc-announces-preliminary-third-quarter-2019-results-and-updates-full-year-guidance/)

Life Sciences remains strong; impact of General Motors strike, automotive headwinds and economic uncertainty are expected to affect fourth quarter results CHARLOTTE, N.C., Oct. 29, 2019 /PRNewswire/ — NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today provided an update on its expectations for its third quarter 2019 financial results and revisions to certain of […]

[Read More](https://www.nninc.com/nn-inc-announces-preliminary-third-quarter-2019-results-and-updates-full-year-guidance/)

[![NN, Inc. Announces Initiatives to Reduce Costs and Improve Cash Flow](https://www.nninc.com/wp-content/themes/nninc/images/nn-logo-blue-bg.jpg)](https://www.nninc.com/nn-inc-announces-initiatives-to-reduce-costs-and-improve-cash-flow/)

###### October 21, 2019

#### [NN, Inc. Announces Initiatives to Reduce Costs and Improve Cash Flow](https://www.nninc.com/nn-inc-announces-initiatives-to-reduce-costs-and-improve-cash-flow/)

Expected to Yield Approximately $32 Million in Annualized Cash Savings CHARLOTTE, N.C., Oct. 21, 2019 /PRNewswire/ — NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today announced expense reduction and cash savings initiatives to help the Company continue to pay down its debt and support greater growth by reinvesting in its businesses. The initiatives are […]

[Read More](https://www.nninc.com/nn-inc-announces-initiatives-to-reduce-costs-and-improve-cash-flow/)

[![NN, Inc. Announces Departure of Carey Smith From Board of Directors](https://www.nninc.com/wp-content/themes/nninc/images/nn-logo-blue-bg.jpg)](https://www.nninc.com/nn-inc-announces-departure-of-carey-smith-from-board-of-directors/)

###### September 26, 2019

#### [NN, Inc. Announces Departure of Carey Smith From Board of Directors](https://www.nninc.com/nn-inc-announces-departure-of-carey-smith-from-board-of-directors/)

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, effective November 14, 2019. Ms. Smith is departing due to her […]

[Read More](https://www.nninc.com/nn-inc-announces-departure-of-carey-smith-from-board-of-directors/)

[![NN, Inc. Names Warren Veltman Interim President and Chief Executive Officer](https://www.nninc.com/wp-content/themes/nninc/images/nn-logo-blue-bg.jpg)](https://www.nninc.com/nn-inc-names-warren-veltman-interim-president-and-chief-executive-officer/)

###### September 16, 2019

#### [NN, Inc. Names Warren Veltman Interim President and Chief Executive Officer](https://www.nninc.com/nn-inc-names-warren-veltman-interim-president-and-chief-executive-officer/)

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 Executive Officer, effective immediately. He succeeds Richard Holder who, by mutual agreement with the […]

[Read More](https://www.nninc.com/nn-inc-names-warren-veltman-interim-president-and-chief-executive-officer/)

[![NN, Inc. Announces Quarterly Dividend](https://www.nninc.com/wp-content/themes/nninc/images/nn-logo-blue-bg.jpg)](https://www.nninc.com/nn-inc-announces-quarterly-dividend/)

###### August 30, 2019

#### [NN, Inc. Announces Quarterly Dividend](https://www.nninc.com/nn-inc-announces-quarterly-dividend/)

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 the close of business on September 9, 2019. NN, […]

[Read More](https://www.nninc.com/nn-inc-announces-quarterly-dividend/)

[![NN, Inc. Names Thomas DeByle as New Chief Financial Officer](https://www.nninc.com/wp-content/themes/nninc/images/nn-logo-blue-bg.jpg)](https://www.nninc.com/nn-inc-names-thomas-debyle-as-new-chief-financial-officer/)

###### August 27, 2019

#### [NN, Inc. Names Thomas DeByle as New Chief Financial Officer](https://www.nninc.com/nn-inc-names-thomas-debyle-as-new-chief-financial-officer/)

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 September 23, 2019. Mr. DeByle brings over 30 years of public company […]

[Read More](https://www.nninc.com/nn-inc-names-thomas-debyle-as-new-chief-financial-officer/)

[![NN, Inc. to Close Facility in Fairfield, Ohio](https://www.nninc.com/wp-content/themes/nninc/images/nn-logo-blue-bg.jpg)](https://www.nninc.com/nn-inc-to-close-facility-in-fairfield-ohio/)

###### August 15, 2019

#### [NN, Inc. to Close Facility in Fairfield, Ohio](https://www.nninc.com/nn-inc-to-close-facility-in-fairfield-ohio/)

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 efficiency as part of the NN Operating System. Richard Holder, […]

[Read More](https://www.nninc.com/nn-inc-to-close-facility-in-fairfield-ohio/)

[![NN, Inc. Reports Second Quarter 2019 Results](https://www.nninc.com/wp-content/themes/nninc/images/nn-logo-blue-bg.jpg)](https://www.nninc.com/nn-inc-reports-second-quarter-2019-results/)

###### August 8, 2019

#### [NN, Inc. Reports Second Quarter 2019 Results](https://www.nninc.com/nn-inc-reports-second-quarter-2019-results/)

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 $221.7 million, compared to $196.3 million for the second quarter of […]

[Read More](https://www.nninc.com/nn-inc-reports-second-quarter-2019-results/)

[![NN, Inc. To Hold Second Quarter 2019 Conference Call On Friday, August 9, 2019](https://www.nninc.com/wp-content/themes/nninc/images/nn-logo-blue-bg.jpg)](https://www.nninc.com/nn-inc-to-hold-second-quarter-2019-conference-call-on-friday-august-9-2019/)

###### July 22, 2019

#### [NN, Inc. To Hold Second Quarter 2019 Conference Call On Friday, August 9, 2019](https://www.nninc.com/nn-inc-to-hold-second-quarter-2019-conference-call-on-friday-august-9-2019/)

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. Management will hold a conference call at 9 a.m. ET on Friday, […]

[Read More](https://www.nninc.com/nn-inc-to-hold-second-quarter-2019-conference-call-on-friday-august-9-2019/)

[![NN, Inc. Announces Amendment To Credit Facility](https://www.nninc.com/wp-content/themes/nninc/images/nn-logo-blue-bg.jpg)](https://www.nninc.com/nn-inc-announces-amendment-to-credit-facility/)

###### June 17, 2019

#### [NN, Inc. Announces Amendment To Credit Facility](https://www.nninc.com/nn-inc-announces-amendment-to-credit-facility/)

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 revolver and increased the consolidated net leverage ratios for quarterly periods ending […]

[Read More](https://www.nninc.com/nn-inc-announces-amendment-to-credit-facility/)

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## NN, Inc.

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