secwatch.observer — SEC 8-K summary
======================================

Issuer:     NN INC (NNBR)
CIK:        0000918541
Form:       8-K
Filed at:   2025-01-14T23:59:59+00:00
Accession:  0000918541-25-000005
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NN Inc. announces record $73M new business wins in 2024, two-year total $136M
-----------------------------------------------------------------------------

- Full-year 2024 new business wins of $73M exceeded high end of guidance; 2023 was $63M, 2022 was $38.5M.
- Two-year total new wins $136M across 300+ programs; pipeline $720M (+40% YoY).
- Five-year goal: $325M wins to drive $600M sales at 13% adjusted EBITDA margins.
- Over 50 new programs launching in Q1 2025 from 11 plants globally, representing $20.8M annualized sales.
- Received Cummins Innovation Award at year-end 2024 for work on new products.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/918541/000091854125000005/0000918541-25-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/918541/000091854125000005/nnbr-20250114.htm
  HTML page:      https://secwatch.observer/filing/0000918541-25-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer