0001005794-12-000023.txt : 20120403 0001005794-12-000023.hdr.sgml : 20120403 20120403104616 ACCESSION NUMBER: 0001005794-12-000023 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20120402 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120403 DATE AS OF CHANGE: 20120403 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NN INC CENTRAL INDEX KEY: 0000918541 STANDARD INDUSTRIAL CLASSIFICATION: BALL & ROLLER BEARINGS [3562] IRS NUMBER: 621096725 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23486 FILM NUMBER: 12735825 BUSINESS ADDRESS: STREET 1: 2000 WATERS EDGE DR CITY: JOHNSON CITY STATE: TN ZIP: 37604 BUSINESS PHONE: 4237439151 MAIL ADDRESS: STREET 1: 2000 WATERS EDGE DR CITY: JOHNSON CITY STATE: TN ZIP: 37604 FORMER COMPANY: FORMER CONFORMED NAME: NN BALL & ROLLER INC DATE OF NAME CHANGE: 19940203 8-K 1 nninc8k4212.htm NN, INC. FORM 8-K APRIL 2, 2012 nninc8k4212.htm



 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549


 
FORM 8-K

CURRENT REPORT PURSUANT TO
SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934


Date of Report (Date of earliest event reported):  April 2, 2012
 
 
 
NN, INC.
 (Exact name of registrant as specified in its charter)

Delaware
0-23486
62-1096725
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
     
2000 Waters Edge Drive, Johnson City, Tennessee
 
37604
(Address of principal executive offices)
 
(Zip Code)
 
 
(423) 743-9151
 
 
(Registrant's telephone number, including area code)
 
(Former name or former address, if changed since last report)
 


Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨           Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨           Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨           Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨           Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 



 
 

 

 
Item 8.01 Other Events
 
On April 2, 2012, NN, Inc. (the “Company”) issued a press release regarding the resignation of  Thomas Zupan, Vice President of Business Development of Whirlaway Corporation, a division of the Company. A copy of the press release is furnished as Exhibit 99.1 and is incorporated herein by reference.
 
 
Item 9.01 Financial Statements and Exhibits
   
Exhibit No. Description
   
99.1 Press Release of NN, Inc. dated April 2, 2012
 
 
 

 
 
 

 

SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 

 
Date: April 2, 2012
 
NN, Inc.
 
By: /s/ William C. Kelly, Jr.
Name:  William C. Kelly, Jr.
Title:     Vice President and Chief Administrative Officer

EX-99.1 2 pressrelease4212.htm PRESS RELEASE APRIL 2, 2012 pressrelease4212.htm
EXHIBIT 99.1
F I N A N C I A L
RELATIONS BOARD
n e w s
 
 
  RE:  NN, Inc.
  2000 Waters Edge Drive
  Johnson City, TN  37604
 
 

FOR FURTHER INFORMATION:
 
AT THE COMPANY    AT FINANCIAL RELATIONS BOARD
Will Kelly Marilynn Meek
Vice President and Chief Administrative Officer   (General info)
(423) 743-9151   (212) 827-3773
   
FOR IMMEDIATE RELEASE
March 26, 2012
 
FOR IMMEDIATE RELEASE
April 2, 2012

NN INC. ANNOUNCES RESIGNATION OF THOMAS ZUPAN


Johnson City, Tenn, April 2, 2012 – NN, Inc. (Nasdaq: NNBR) today announced the resignation of Thomas Zupan, Vice President of Business Development of Whirlaway Corporation effective April 1, 2012, to pursue other personal interests.  Following NN’s purchase of Whirlaway Corporation in December of 2006, Mr. Zupan, who was serving as President and Chief Executive Officer of Whirlaway Corporation, committed to staying on with the management group of the company until Whirlaway reached certain levels of financial performance.  Recent positive trends in profitability at Whirlaway led to the timing of Mr. Zupan’s decision.

Roderick R. Baty, Chairman of the Board and Chief Executive Officer said, “Since the founding of Whirlaway in 1973, Tom has been instrumental in building a world class precision metal components business.  We appreciate his willingness to stay with the Company during the transition and integration period of the acquisition.  We will miss Tom and wish him and his family all the best.”

Mr. Zupan said, “I leave Whirlaway with mixed emotions, but am excited about the future and continuing legacy of Whirlaway as an NN, Inc operating division. The strategic guidance and support that Whirlaway has received since becoming a part of NN has positioned the business for a future of excellent growth and profitability.  I wish everyone at Whirlaway and NN continued success.”

NN, Inc. manufacturers and supplies high precision metal bearing components, industrial plastic and rubber products and precision metal components to a variety of markets on a global basis.  Headquartered in Johnson City, Tennessee, NN has 10 manufacturing plants in the United States, Western Europe, Eastern Europe and China.  NN, Inc. had sales of US $425 million in 2011.

GRAPHIC 3 nninc3.jpg begin 644 nninc3.jpg M_]C_X``02D9)1@`!`0$`8`!@``#_X0!F17AI9@``34T`*@````@`!`$:``4` M```!````/@$;``4````!````1@$H``,````!``(```$Q``(````0````3@`` M``````!@`````0```&`````!4&%I;G0N3D54('8U+C`P`/_;`$,``0$!`0$! M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$! M`0$!`0$!`0$!`0$!`?_;`$,!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$! M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`?_``!$(`$D` M20,!(@`"$0$#$0'_Q``?```!!0$!`0$!`0```````````0(#!`4&!P@)"@O_ MQ`"U$``"`0,#`@0#!04$!````7T!`@,`!!$%$B$Q008346$'(G$4,H&1H0@C M0K'!%5+1\"0S8G*""0H6%Q@9&B4F)R@I*C0U-CH.$A8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJ MLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7V-G:X>+CY.7FY^CIZO'R\_3U]O?X M^?K_Q``?`0`#`0$!`0$!`0$!`````````0(#!`4&!P@)"@O_Q`"U$0`"`0($ M!`,$!P4$!``!`G<``0(#$00%(3$&$D%1!V%Q$R(R@0@40I&AL<$)(S-2\!5B M7J"@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>HJ:JRL[2UMK>X MN;K"P\3%QL?(RKR\_3U]O?X^?K_V@`,`P$` M`A$#$0`_`/[]^>./7/MZ5Y[\2OB=X'^$7A+4O&WQ!\06N@:%IL8`>437.I:K MJ$F5LM"\-Z)9QW&K>)/$VL7'EV&@>&="L]0US7=4GMM.TK3[R^N8;>2#XL_% M'PU\&O`6O_$/Q8NJ7.FZ+':PVNC:!I\FL>)?$^OZK>V^D^&?"'A7182)]9\4 M^*]>OM.T'P_I<+)]KU74+:*6>W@,EQ'_`"A?\%:O^"G_`(^_9-\06FCV=E9Z MK^W/XM\-3W&F:I):7>K_``N_8H\`^*=,TZ*;PC\*XM1EN-$\8?&K7M-EBG\? M_$>2T>2YN)XK6.WL/"J>&_!VF>]PYP]C>(\RP^7X.GSSKSY$VU&*Y7%SE*72 M,$[SGROE32C%S:C+R^'O@'I.HW?Q:^*>B?LB>&-;TVT_X0C0(O#FE?&#]M+Q='=6JW-UKVE?" M/[5JGP[^"\4#G[/H=Y\5++XDV]ZDF/%7ASP?JV_1+7^^)H[O MPIX,_9?\4?'CPS%/:R'Q%^V9\>/'_CK3_%=[I\)2SU_6/@'X.U#1OA%XNZWJE](\UY=ZGJE]-<7EY6/AS6+JTN(V^59+>ZALY(9D^7[Z221_+GTK^JLA\&N&,GP] M"KGM98G%2C#GO7EATDXJRYI1DI)7>FB]6['ZV2_\%D;]KAI(/\`@FS_`,$IDB+ATAD_9$M; MF39&,Q"34)?&4FH3.W_+2Z\Z.9),R(RYB2/Z9^"O_!>OP_X!E-CJ_P"Q9X1^ M&&E:E<6LFKWG['/QG^+7[.(@FM_,2WUC_A`K36?$G@3Q/>:4D]Q-I^E>*K&\ MTNY+RVLDL=K<7#U_/ZO@'QW)J<.B1^"O%TFL7-M->6^DKX;UA]3GL[>3RY[R M'3_L?VF:VAD^229(Y(XY5_UE:%U\*/BE8P7%Y=_#3X@6=I;0RW%U=7?@WQ); MVUO:PJLDTUQ,^FQHD*(K-(\TD<<<:BOI,3X?^'E6G]7>&PM)581BIT<=6IRK M-\O+4:C72JRYE\53GES7?=OSJ>=Y_2<:JJ5JCA-3B0_M]\)OC-\/_`(U:#/KG M@35KB:;2KV?2O$_AC7-.O_#GC?P1KUK//;W.@>-O!FN067B'PMJT;VTLMO#J MMA!!K&G-:Z[H4^J:#J.G:G>?Y`]G>7>GW=KJ%A8I(]E?U.?\$G?^"K'Q*^*7Q%\)_"/XQ> M(K]?VC-/T^P\/?!;]IJXTF\U4^.M$@U&)[3X`?M4IIEC'/ MB5?1OXG^'>N:J=:L-8MY;VZO[K\9X\\&GE6%KYOD=:5?"4O?J4:BC&K1CI>7 MNI1G3[M*,HIIM3YKK[7AWC26)JT\)CH\M27VHIR6C2C&WQ*3[:K78_NT`X'& M/UQGKS2;%]/Y_P"->-_!#XPZ=\9_!AUL:5+X3\8Z!JMYX3^)GPYU'4M.U+7_ M`(;^/]%*QZYX5UJ;3G,,Z8>WUGPUK2PVUGXO\&:MX=\9Z/"=%\0Z=+)['O'O M_G\:_GJ490G*$XN,HNS3W_K\.S9^F0DIQ4XN\9;?\-NOF?%UF+;X_?M/ZKJ= MS%J5Q\.OV2-0CT'0[2[W6^@^(OVB?%/AF#4O$7B:&T#D:TOPL^'7B?1_#'A_ M59BMO9^)O'?C^QBM/MWAZVOU^:/^"O?_``3ET'_@H7^S#JWAC2[:QL?CA\-D MU+QA\%/$DD,*N-?6T3^T_!M[=R"-TT3QS:V=KI5\_F>79ZG;Z/JLT=Q%IKV= MQ]9?L0W&HZ]^S%\*_B-K5A;:;XA^-VDWO[0'B*PM$N(X+#6OCMK6H?%JZTJ% M+R:ZO$MM"3Q?#H=A#>7$]W;V&FVUK+/(\!EKZQ90>IR<@G!_WNOK_GOBO5P> M:8O)36.IZ7J5G6]Q;7$,T4&-G++=7HRS;/IWR=O.:_GX_P"#D7_@F']C MGF_X*`_!+PT$M9C9Z;^TIHNFA]J7,C6^F>'?BI!8HG63S+?P]XODMS&BB'1- M9EMT+^(M1/\`0E_P1U5E_P""9'[&(=2@_P"%*^'R`0R$I)Y\Z_%>TMT_X+P_LJQB M&$H?V$?C*S1B)%5F_P"%B$*679S@#WZ5^S>JZ!HVLZ=>Z5J.EZ??:?J-IV-W!)!=6=S;NCQS6US%+)%/%+&\)O`&E,G[-7QHU+4M;^&$ULMT]MX'U8R?;-<^&%]-/YFQM$:9;GPGON+C^T M/"\UM#ODO]&U22/Z<_X-=D63]O[X@A@K?\8Y>+F`=%('_%;^`/F1<^V-^.OY M5_:Q^VE^R1\./VW/V=_B!^SW\3+;9I7B_399-!\00V\5QJG@SQ=8Q23>&O&. MBB>-D34=!U)EF$1DCCO["2\TN:3[+J%P*_DJ_P"""?[-WQ._9'_X*X_M!?`+ MXNZ-)I'B_P`!_`GQK8F4JWV'7M&N/&WP^NM#\4:+<XMX_W++^/7Q%X9Y[E..Q#_MC+ MRD_B1\)BN'I9;Q3E^*P\/]DQ.+4WR:JE4TCM;6?A/XO:SX5^!?QQT^.QCSJ&K:Y>7&C_``'\?1O`T$G]MZ1XXU2S M^&=_*\<\=[X<^(%K)=[HO!^CFT^QMR^O\_\`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`^"WAK]GCX-?#SX(^#9KR?PA\,_#=EX1\--?LLE['H.D;X= M)M[J7_EM-;60@MGN?]92'0/B18VT+HGV+Q=#;SG4Q';P1V?B>RUNT%O;6@ MT\W'[-\<\\9[=3^/3H3Q^!KP,]>QZN!KX7,*-''T.27M:22E]I1DHN5-OO%K7I=/6^I^*/Q9&/^ M"\?[*@Z@?L'_`!D(_'XBNW'XG\:_47]HWXB:K\(_@)\9_BKH5K:7NL_#CX8> M.O&^E6=_YK6-W?\`A7PUJ.N6=K>)`8YC;75S8QPW'DR1R^7(WEN"#C\L_BM/ M$W_!>K]E>W#YF3]@[XORO'DAUBN/B/.L+'*='>WG_P"_?:OT,_;EY_8U_:K) MZ']GOXQ=^O\`Q;_7L9_F/7;CO7?7I1JXGANC45X5L+A822NKQGCZ\9_>GUVW MU5S@P\Y4J.;5(OX:U64>_-&C3:5_O_&Y!^Q7^UK\._VV_P!G+X=?M"?#B=(K M#QGHZ_\`"0>'C?6]_J7@?QC8A+7Q1X.UJ2'R_P#3]$U43);S/;V?]IZ6]AK- MK;I8:A9F7T&^_9\^&=Y\>O#W[2:Z#%:?%O0/AYK_`,+1XEL]D$VK>"?$&L:) MKS:1K2I#_IZ:/JVBI,G:'3_#GQ&60^8EG81>:NE>,)I( M_+?09H]0ED_XD5G;R?Z.5I=0WMM!-E^>3[]>IQOPMC.#,XGAZ'\VH9Y@X3DHRQ%"I^\C_+.#CRNV_O:/M]PZ\VI9WA9AM6UN') MZX78Y;*_SSGJ?6OX/OM>E_WX_P#OC_Z]?VC_`+5'C_4OAG^S_P#%'Q+X>MIM M2\97'ANX\*?#G1[8,UUKWQ/\=26_@[X;>'[1$\R9[G6/&^NZ#8)Y,7@_GA_P`.?OAI_P!#%I?_`(3<_P#\N*\S(,;A\#2KO$72K5(>SMKI3C:5 M[7ZS6KWVV3MVX^BZ]2"CRMPBE)RM'XN5+1^C?X]3[*\9)!\`?VA+7XHQZ:UM M\+_VBY_#7@CXKZLE_90:;X2^,FF):>&?A/XYU&QN6BF\GXBZ/-8_";7]5LWG M\C5=!^%<,MC;VMQK&JQ_QY_\'2WQ`\%>+OVLO@9H/A?Q7X?U_7/`?P@UK0?& MNDZ1JMG?ZCX4UJZ\876IVVE>(K&UFDN=*OY]-N+>_CM;R.VEDL[B"ZC\R*2. M2O[LO&?@[PQ\0_"/B/P)XTT6T\0^$/%VB:EX=\2:'?J[V>JZ+J]I-9:A97`C M:.55GMY9$66&2.>%RLMO)'*B2+_,#_P55_X);Z%\;=-TK3OB-XFL?"?Q/T.+ M3?"G[//[8?B&#[+X6\>:')J#6'A']G3]JN\M)I#H_CZP>[LM#\`?&J:SCTOQ MQ]J2VN8[3Q3<3^%]3^C\,\XRS*>*LLS',YSIQP\:E%5(^]!^UA[.,ZB?,W&G M&334+62C)72DGY/%6!Q.+RNO0PT(R4Y1J\U=7ZW/Y(_P#@ MGY^VIX\_8+_:;\!_'OP8;W4M*TVZ71OB)X-M[R2UMO'G@#4YHT\0^'IU)DA> M\:)(K_P_=W-O<1V&N6.FW_EW&SRZ_P!(/P?_`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`%;/"'Q-^"]M^RG^TY\3M`\,_%GX06^BZ'\,O$_P`0/$>B^'U^ M)O@.\FCTKPUX;L=2U:^L_P"UO&WA"9;/0);!O^)IKFCWV@S6HU*_M]=DMOR( M^$7_``5DN/B]\1_#OPY\*_L9:M\;]5\3^)[>ZT+X>6,'A'Q#XHU#7;+Q)\&] M<\.ZOIU_-X!U>^_M'P18>!?B%ZEXO_:+O-9MSJ?BWQU<>#OB%X<_8U==%TFVU:QU;7O"/ M@_PG\-/BS^U[<:;J"?V!X;\.>'H/!?P9B*>(_&,^L7T?AJW\9\WB5F.7YAD= M?+N),&L#C,)3IUITYQ3512BKW4:?-/EOOPS0Q=#'P MQ&65G6H5IVQ,)TY1@HM0TOU<6[Q\]^I^_%_J,_[0/[1^D:!H.H>9\)_V7-;7 M7_B#>VL5Q]D\6?'Z_P!!9?!O@""\VFSO;/X7^&?$,WCOQG#;22_8_%FM?#:U M\PW>EZY;6?V;\WK_`./#_&N$^&/PU\*_"'P-H'P\\%6MY;^'_#T%RL$NIZC? M:UK.IW^HWUSJVN:_X@US4YKG4]=\2>(M;O=0U[Q!K>HW$]_K&L7]Y?WDLD]Q M)(>]PW]U?T_QK^5*U12DHT[*E37)3YK*4HWOSRM]J]EHD?K]*+2DY+ MWYOFD^E[)67DK+MW)*S-6TK2]?TS4=#UW3+#6=%U>QNM,U;2=5LK;4=+U/3K MZ&2UOM/U*PO$GM+VRO+:62WN[2YBD@GMY)(I4>.1TK3HK.+;49;-I/3IU-3\ MT?CM_P`$[_"?Q"\+S^"O#L/P_P#%OPJO=5U._P!2_9Z^/_A%OB#\,]*M=:G$ MM];_``8\76%QIOQ+_9^NK17D'AZV\(ZOKW@?PO;0VFF>%O`&A6T?F5^`_P`> MO^#>KX*7_B&\L?#'PC_:E^`Y>>S:W\;?";Q7\//VK?@2SWEH+VXM;/PQXAU+ MX=?M.(=-<&PN+C4?!ZZ?%<12PV,FM6UQ;W;_`-DU,3I^/]!7U63<9\1Y"U_9 MV98BA'7W(SDH-_S2IW=.I*VG-4A-VLK^['E\+&Y%EF81;KX:%[ZN,4F]5UM= M-]U;77K8_@ANO^# M_E30WGV>3/FQ2"+RZ^@_A!_P;N_#'3?%ECIGBKPM^UU^T''-=VJ/XCN--^&W M[)'P8TJ&60":Y\43^//$/C7XZ:C8PLG^D+X&^'5]K")^]M=/N/,CN(_[7$^Z M/Q_F:=7T>)\6N-<12J4)YI.,9KE;IQA2FE:WNSI1A4B]FI1DI76[3:?F4>#\ MDA)36&NW9KF;E%/3[+O%Z*VJVVL?DA^S;_P2V\!?!OPUK'@VWTSP5\%OASJ8 ML;2X^'7[-S>(M&\8>*M+0)-JEC\8/VI?$C1_'/XA1:A>HL=O#X+E^#%C:Z5' M-I=_::S::A-;V_ZD^$O"7AGP)X;T?PCX,T'2?"WA?0+*.PT70-"T^WTS2=-L MXV9E@L[*TCC@B7>[RR;(P\TSO+([R22._2CI^)_F::?OCZ?XU^?8_,<;F-5U ML;B:N(J5)WE*I)R;D_M.[=Y7UN[OS/I<)A