Johnson City, Tenn., January 12, 2012 – NN, Inc. (Nasdaq: NNBR) today announced that Jim Dorton, Senior Vice President, will assume the additional responsibility of General Manager of the Company’s Plastic and Rubber business unit. The Plastic and Rubber business unit is comprised of the Industrial Molding and Delta Rubber operations and had revenues of $39.1 million in 2010.
Mr. Dorton joined NN in June of 2005 as Vice President, CFO and Corporate Development. He was promoted to Senior Vice President in May 2010. In addition to his new responsibilities, he will continue in his current role as Senior Vice President, Corporate Development and Chief Financial Officer.
Mr. Roderick R. Baty, Chairman and Chief Executive Officer commented, “I am pleased to announce Jim’s additional management responsibilities of heading up our Plastic and Rubber business unit. At the time of Jim’s promotion to Senior Vice President in 2010, we stated there was an expectation he would assume additional management responsibilities at the senior most levels of the company. These additional operational management responsibilities are consistent with that direction and should strengthen our organization’s ability to serve the needs of our global customers moving forward.”
NN, Inc. manufacturers and supplies high precision metal bearing components, industrial plastic and rubber products and precision metal components to a variety of end 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 $365 million in 2010.
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