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NN ( (NNBR) ) just unveiled an announcement.
NN, Inc. announced its participation in the Sidoti Micro Cap Conference on January 22, 2025, where it will showcase its ongoing enterprise transformation and strategic growth initiatives. The company has achieved significant business wins, focusing on expanding its footprint in the medical and electrical markets, and aims to enhance its operational efficiency through precision automation. With a new leadership team, NN, Inc. is executing a three-phase transformation plan to improve profitability and cash flow, supported by strategic refinancing to optimize its capital structure and competitiveness.
More about NN
NN, Inc. is a leading global manufacturer specializing in high-precision, complex metal products. The company operates in two primary product segments: Power Solutions, which includes precision stamped parts, plated parts, and subassemblies, and Mobile Solutions, focusing on high-spec machined parts and assemblies. With a global manufacturing platform consisting of 25 facilities across six countries, NN, Inc. serves over 1,100 customers in diverse markets, including automotive, medical, and power sectors.
YTD Price Performance: -12.34%
Average Trading Volume: 590,818
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $138.4M
See more insights into NNBR stock on TipRanks’ Stock Analysis page.
