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Share this article Share this article CHARLOTTE, N.C., March 11, 2021 /PRNewswire/ NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the fourth quarter and full year ended December 31, 2020. Fourth-Quarter Results For the fourth quarter, NN posted solid improvements in sales and profitability as the Company s core markets continued to recover from the impact of the COVID-19 pandemic. Key highlights from the quarter include: Net sales increased $8.3 million, or 7.5%, to $119.0 million, compared to $110.7 million for the fourth quarter of 2019, driven primarily by 11.8% growth in Mobile Solutions net sales and a 0.8% increase in Power Solutions net sales. ....
(1) CHICAGO, March 10, 2021 /PRNewswire/ In-depth analysis and data-driven insights on the impact of COVID-19 included in this U.S. precision parts market report. The U.S. precision parts market is expected to grow at a CAGR of over 12% during the period 2020-2026. Key Highlights Offered in the Report: 1. With around 45% of the cost involved in the raw material procurement, the accessibility to the same and at lower prices decides the margins of vendors. 2. CNC machines witnessing widespread adoption and the requirement of skilled labor has increased thereby, impacting the overall labor dynamics in the U.S. precision parts market. 3.North America (mainly US) has the highest number of airports, which are currently undergoing infrastructure expansion and modernization, worth more than USD 120 billion. The requirement for heavy equipment is expected to be high post 2020. ....
Waltzing Matilda Aviation Appoints Advisory Board To Support New Scheduled Services prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Waltzing Matilda Aviation Appoints Advisory Board To Support New Scheduled Services prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ NN, Inc., (NASDAQ: NNBR), a diversified industrial company, today announced that it will release fourth quarter and full year 2020 financial. ....