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NN Purchases Whirlaway

Deal worth $44 million.

NN Inc., a manufacturer of high precision bearing components, said Friday that it purchased Whirlaway Corp., a high precision metal component and fluid control assembly manufacturer, for $44 million.

Whirlaway expects sales for 2006 of $80 million and employs 575 people in Ohio and Arizona.

NN had 2005 sales of $321 million.