8-K

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 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)   May 23, 2003
                                                --------------------------------

                                    NN, Inc.
- --------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


 DELAWARE                           0-23486                  62-1096725
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(State or other jurisdiction      (Commission               (IRS Employer
      of incorporation)           File Number)            Identification No.)

2000 Waters Edge Drive, Johnson City, Tennessee               37604
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(Address of principal executive offices)                    (Zip Code)



Registrant's telephone number, including area code   (423) 743-9151
                                                   -----------------------------



                                 Not applicable
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          (Former name or former address, if changed since last report)

Item 5.  Other Events

         On May 23, 2003, the Company issued a press release announcing the
exercise of an over-allotment option by underwriters. A copy of the press
release is attached as Exhibit 99.1 hereto and incorporated herein by reference

Item 7.   Financial Statements and Exhibits.

         (c) EXHIBITS. The following exhibits are filed herewith:

         99.1     Press release issued May 23, 2003.



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                                    SIGNATURE


         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.

         Date:  May 23, 2003


                                    NN, INC.


                                   By:    /s/ William C. Kelly, Jr.
                                        ----------------------------------------
                                         William C. Kelly, Jr.,
                                         Treasurer, Secretary and Chief
                                         Administrative Officer




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EX-99

                                                RE: NN, Inc.
                                                2000 Waters Edge Drive
                                                Johnson City, TN  37604


FOR FURTHER INFORMATION:

AT THE COMPANY:                                    AT FRB|WEBER SHANDWICK
- ---------------                                    ----------------------
Will Kelly                                         Kerry Thalheim  Susan Garland
Treasurer & Manager of Investor Relations          (General info)  (Analyst info)
(423) 743-9151                                     212-445-8437    212-445-8458


FOR IMMEDIATE RELEASE
MAY 23, 2003

              NN, INC. ANNOUNCES EXERCISE OF OVER-ALLOTMENT OPTION

Johnson City, Tenn. - May 23, 2003 - NN, Inc. (Nasdaq: NNBR) today announced it
has completed the sale of 533,600 shares of its common stock pursuant to the
exercise of the underwriters' over-allotment option which was part of the recent
registered common stock offering by the Company and a group of selling
stockholders. The Company expects to receive total net proceeds from the
offering of approximately $5.1 million. The managing underwriters for the
offering were McDonald Investments Inc. and Legg Mason Wood Walker,
Incorporated.

A copy of the prospectus supplement relating to the offering has been filed with
the Securities and Exchange Commission. Printed copies of the prospectus
supplement and accompanying prospectus relating to the offering may be obtained
from McDonald Investments Inc., 800 Superior Avenue, Suite 2100, Cleveland, Ohio
44114.

NN, Inc. manufactures and supplies high precision bearing components consisting
of balls, rollers, seals, and retainers for leading bearing manufacturers on a
global basis. In addition, the Company manufactures a variety of other plastic
components. NN, Inc. had sales of US $193 million in 2002.

With the exception of the historical information contained in the release, the
matters described herein contain forward-looking statements that are made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements involve a number of risks and
uncertainties that may cause actual results to be materially different from such
forward-looking statements. Such factors include, among others, general economic
conditions and economic conditions in the industrial sector, competitive
influences, risks that current customers will commence or increase captive
production, risks of capacity underutilization, quality issues, availability of
raw materials, currency and other risks associated with international trade, the
Company's dependence on certain major customers, and other risk factors and
cautionary statements listed from time to time in the Company's periodic reports
filed with the Securities and Exchange Commission, including, but not limited
to, the Company's Annual Report on 10-K for the fiscal year ended December 31,
2002.