March 5, 2014: NN Inc. Acquires Assets of V-S Industries
V-S Produces Components for the HVACR Industry
JOHNSON CITY, Tenn. — NN Inc. announced that it has completed the acquisition of the assets of V-S Industries, a privately held manufacturer of precision metal components with operations in Wheeling, Ill., and Juarez, Mexico. NN said the acquisition of V-S will provide it with a complementary but broader product offering and will allow penetration into adjacent markets. Financial terms of the deal were not disclosed.
V-S Industries produces components for a variety of industries, including valve plates, pistons, crankshafts, and various fittings for the HVACR industry. NN Inc. will continue operations at the existing facilities in Illinois and Mexico and will roll up the operations under its NN Precision Metals Components Group.