nn8k112608_1.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): November 26, 2008
NN,
INC.
(Exact name of registrant as specified in its
charter)
Delaware |
0-23486 |
62-1096725 |
(State
or other jurisdiction of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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2000 Waters Edge Drive
Johnson City, Tennessee
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37604 |
(Address of
principal executive offices)
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(Zip
Code)
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Registrant's telephone number, including area
code: (423)743-9151
Check the appropriate box below if
the Form 8-K filing is intended to simultaneously satisfy the obligation of the
registrant under any of the following provisions:
o Written
communications pursuant to Rule 425 under the Securities Act (17CFT
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17CFT 240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFT
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13c-4(c) under the Exchange Act (17CFT
240.13c-4(c))
ITEM 2.05 COSTS ASSOCIATED WITH
EXIT OR DISPOSAL ACTIVITIES.
NN,
Inc. today announces the closing of its Kilkenny, Ireland operations.
Production will cease by early February 2009 with an orderly closure scheduled
for June 2009. The closing will impact approximately 70 employees.
We expect to incur cash and non-cash charges of $3.9 million (€3.0 million) and
$1.7 million (€1.3 million)
respectively in severance, equipment relocation and other closing costs mainly
in the fourth quarter of 2008.
Exhibit:
Exhibit
Number Description of Exhibit
99.1
Press Release of NN, Inc. dated November 26, 2008.
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.
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NN, INC. |
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Date: November
26, 2008
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By:
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/s/ William
C. Kelly, Jr. |
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Name :
William C. Kelly, Jr. |
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Title :
Vice President and Chief Administrative Officer |
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