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NN, Inc. history
NN, Inc. company history timeline
NN, Inc. was founded in 1980 by Dick Ennen.
While the company started out making balls and rollers for the oil and gas industry, the recession in 1980 drove the company into new markets that needed chrome balls and rollers.
In 1994, the company issued an IPO and began trading on the Nasdaq (NNBR).
The need for additional capital to fund further growth led the company to go public as NN, Inc. in 1994.
In 1997, following Ennen’s retirement, Rock Baty was appointed CEO.
In 1999, the company began a string of strategic acquisitions by acquiring Industrial Molding in Lubbock, Texas.
That acquisition was followed by a joint venture and subsequent outright purchase of NN Euroball in 2000, giving the company an established facility in Pinerolo, Italy.
In 2003, the company acquired SKF’s bearing components plant in Veenendaal, The Netherlands, adding tapered rollers and metal cages to NN’s product offering.
In 2004, NN opened its first plant to serve the growing markets in Asia with a greenfield factory in the Peoples Republic of China.
In 2005, NN completed its string of acquisitions in the bearing components sector with the purchase of certain assets from SNR.
During 2006, NN then took a leap by expanding its business into a new segment—the precision metal components industry—by acquiring Whirlaway Corporation in Wellington, Ohio.
In 2013, Rock Baty announced his retirement and was succeeded by Richard Holder.
By the end of 2014, NN completed four more acquisitions.
In October 2015, NN completed the acquisition of Precision Engineered Products (PEP), the company’s largest acquisition to date.
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NN, Inc. competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Integer | 1940 | $1.7B | 9,000 | 128 |
| Pioneer Circuits | 1981 | $34.0M | 375 | 7 |
| Hallmark Nameplate | 1958 | $19.1M | 100 | - |
| Samson | 1993 | $671.3M | 4,000 | 22 |
| Daylight Solutions | 2005 | $23.5M | 50 | 9 |
| Dunmore | 1975 | - | 180 | - |
| Ashland | 1924 | $2.2B | 6,500 | 46 |
| RiverStone Group, Inc. | 1917 | $78.0M | 350 | 9 |
| Taylor Corporation | 1975 | $3.7B | 12,000 | 238 |
| Thetford | 1963 | $120.0M | 400 | - |
NN, Inc. history FAQs
Zippia gives an in-depth look into the details of NN, Inc., including salaries, political affiliations, employee data, and more, in order to inform job seekers about NN, Inc.. The employee data is based on information from people who have self-reported their past or current employments at NN, Inc.. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by NN, Inc.. The data presented on this page does not represent the view of NN, Inc. and its employees or that of Zippia.
NN, Inc. may also be known as or be related to NN, NN INC, NN Inc and NN, Inc.