PIERCETON — NN, a diversified industrial company, announced that it successfully completed its acquisition of Paragon Medical. Paragon Medical is a medical device manufacturer which focuses on the orthopedic, case and tray, implant and instrument markets.
Richard Holder, President and CEO, commented, “We are thrilled to welcome the Paragon team to the NN family. Paragon Medical enhances our technical proficiencies, diversifies our product and finished device offerings and adds key employees that will make impactful contributions throughout the organization. This acquisition continues our strategic focus to expand our Life Sciences portfolio as well as create a balanced business.”
NN a diversified industrial company combines advanced engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision components and assemblies for a variety of markets on a global basis. Headquartered in Johnson City, Tenn., NN has 51 facilities in North America, Western Europe, Eastern Europe, South America and China.