| Business Summary | | NN,
Inc.
is
an
independent
manufacturer
and
supplier
of
precision
steel
balls
and
rollers
to
both
domestic
and
international
anti-friction
bearing
manufacturers.
The
Company
supplies
high-quality,
precision
steel
balls
and
rollers,
both
directly
and
indirectly,
to
bearing
manufacturers,
to
automotive
original
equipment
manufacturers
(OEMs)
and
the
automotive
aftermarket,
to
the
gas
and
mining
industries,
and
to
producers
of
water,
gas
and
oil
well
drilling
bits
and
stainless
steel
valves
and
pumps.
Precision
steel
balls
and
rollers
are
critical
moving
parts
of
anti-friction
bearings,
which,
in
turn,
are
integral
components
of
machines
with
moving
parts.
The
Company
also
provides
full-service
design
and
manufacture
of
plastic
injection-molded
components
to
the
bearing,
automotive,
electronic,
leisure
and
consumer
markets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NN,
Inc.
is
an
independent
manufacturer
and
supplier
of
precision
steel
balls
and
rollers
to
both
domestic
and
international
anti-friction
bearing
manufacturers.
For
the
six
months
ended
6/30/01,
net
sales
rose
82%
to
$97.6
million.
Net
income
before
acct.
change
rose
16%
to
$5.1
million.
Revenues
reflect
growth
from
the
European
operations
and
acquisitions.
Earnings
were
partially
offset
by
increased
personnel
and
amortization
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Richard Ennen, 73 Chairman | $243K | Roderick Baty, 47 Pres,
CEO | 329K | David Dyckman, 36 CFO,
VP-Bus. Devel. | 200K | Frank Gentry, III, 45 VP
- Manufacturing | 191K | Robert Sams, 43 VP
Market Services | 165K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|