Advance manufacturer NN moving global HQ from Tenn. to NC

September 22, 2017

RALEIGH, N.C. (AP) — A manufacturer of high-precision components for aerospace, defense, automotive and other industries is moving its corporate headquarters from Tennessee to North Carolina.

NN Inc. said Friday it will move its global headquarters to Charlotte, creating 200 jobs over five years. State records show that the jobs will pay an average of almost $140,000 and the company will get up to $3.4 million in tax breaks and training assistance over 12 years.

NN has 33 manufacturing plants in North America, Europe, South America and China. The company said it is relocating its headquarters from Johnson City, Tennessee, because of Charlotte’s global transportation links, advanced infrastructure, growing talent pool and business climate. The city hosts an American Airlines hub.

NN said it will continue to have a presence in Johnson City.