NN, Inc. Reports Record-Breaking $62.6 Million of New Business Wins in 2023
Ending with a strong second half, this acceleration in new business awards is a direct result of the company’s new transformational business strategy.
- Ending with a strong second half, this acceleration in new business awards is a direct result of the company’s new transformational business strategy.
- NN continues to gain traction with wins in desirable and diversified markets through better focus, targeting and harnessing its collective strengths.
- The goal is to win business, grow sales and profits.”
Bevis began as CEO in May 2023 and immediately announced a focused transformation plan, including:
NN’s $62.6 million in new business wins during 2023 included wins in three key areas:
Electric vehicle (EV) and hybrid vehicle applications with total wins of approximately $30 million. - “Coupled with our revamped approach to operational performance, the company intends for these new business wins to be additive as we increase our customer retention rates on existing business.”