Nn Inc (NASDAQ: NNBR)

NN, Inc. is a diversified industrial company that combines advanced engineering and production capabilities with in depth materials science expertise to design and manufacture high precision components and assemblies for a variety of end markets on a global basis. The company operates 27 facilities located in North America, South America, Europe and China. These facilities support production for automotive, general industrial, medical, electrical and other industrial sectors. NN, Inc. leverages its process technologies to deliver components that meet strict tolerance requirements and are used in systems ranging from power steering and braking to electrical contacts and medical instruments.

NN, Inc. generates revenue by selling its manufactured components and assemblies to original equipment manufacturers and other industrial customers. Its product portfolio includes power steering systems, braking components, transmission parts, gasoline fuel system components, heating ventilation and air conditioning units, diesel injection and emissions treatment devices, electrical contacts and connectors, precision stampings, aerospace and defense hardware and medical tools for orthopedics and surgical applications. Sales are primarily made under supply contracts or commercial terms with customers who pass through material cost fluctuations via price adjustments. In 2025 approximately 60% of the company’s sales were to customers in North America, 19% to Asia, 10% to South America and 11% to Europe.

The company operates through the following segments.

• Mobile Solutions: This segment focuses on growth in the automotive, general industrial and medical end markets. It manufactures high volume components such as power steering parts, braking systems, transmission elements, gasoline fuel system parts, heating ventilation and air conditioning units, diesel injection devices and emissions treatment equipment. The segment leverages tight tolerance machining and progressive stamping to deliver parts that meet strict customer specifications.

• Power Solutions: This segment targets growth in the electrical, general industrial, automotive and medical end markets. It produces electrical contacts, connectors, contact assemblies and precision stampings for the electrical market, high precision parts for aerospace and defense applications and a range of tools and instruments for orthopedics and medical/surgical markets. The segment combines material science expertise with advanced production techniques to create components that satisfy strict tolerance and performance requirements.

NN, Inc. holds a strong position in the high precision components market due to its ability to maintain tolerances below one micron while producing millions of parts per day. The company differentiates itself through a combination of in house tool design, process know-how and a zero defect approach that reduces variability and defects throughout the product life cycle. Its competitors in the Mobile Solutions space include Anton Häring KG, A. Berger Holding GmbH & Co. KG, Brovedani Group, Burgmaier Technologies GmbH & Co. KG, CIE Automotive S. A. and IMS Gear SE & Co. KGaA. In the Power Solutions arena the company faces competition from Checon Corporation, Electrical Contacts Ltd., Interplex Industries Inc., J&J Machining LLC, Norstan Inc., Owens Industries Inc., Composidie Inc. and Eaton Corporation. NN, Inc. believes its technical competence, proven product development track record, global platform and commitment to quality, price and service give it a competitive edge.

NN, Inc. serves hundreds of customers worldwide, primarily manufacturers in the automotive, electrical, agricultural, construction, residential devices and equipment, aerospace and defense, medical, heating ventilation and air conditioning, fluid power and diesel engine sectors. In 2025 the top ten customers accounted for approximately 49% of the company’s net sales. Geographically, about 60% of sales were to customers in North America, 19% to Asia, 10% to South America and 11% to Europe.