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Stock Market & Financial Investment News

News Breaks
February 4, 2014
08:09 EDTNNBRNN completes acquisition of assets of V-S Industries
NN announced that it has completed the acquisition of the assets of V-S Industries. V-S Industries is a privately held manufacturer of precision metal components with operations in Wheeling, Illinois and Juarez, Mexico. The acquisition of V-S will provide NN with a complementary, but broader product offering and will allow penetration into adjacent markets. Financial terms of the deal were not disclosed.
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July 22, 2014
09:22 EDTNNBRNN, Inc. price target raised to $39 from $28 at KeyBanc
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July 21, 2014
08:18 EDTNNBRNN, Inc. agrees to acquire Autocam
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July 15, 2014
13:40 EDTNNBRNN, Inc. acquires Chelsea Grinding Company, terms not disclosed
NN, Inc. announced that it has acquired the assets of Chelsea Grinding Company. Chelsea is a manufacturer of cylindrical rollers used primarily in the hydraulic pump industry. Financial terms of the deal were not disclosed. Chelsea, a privately-held company located in Jackson, Michigan, had sales of approximately $2.3M in 2013. Its products are used mainly in roller vane pumps for the hydraulic pump market as well as torsion bars in the automotive market. NN will roll up Chelsea's operations under its NN Metal Bearing Components Group.

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