NN Inc. (Nasdaq: NNBR) is buying Precision Engineered Products Holdings Inc. from the Jordan Co. and Nautic Partners for $615 million.

Attleboro, Massachusetts-based Precision manufactures customized metal and molded plastic parts for the medical, electrical control and distribution, transportation and aerospace markets. The company's products include cartridges, laparoscopic devices, surgical instruments, medical disposables, dental and medical implants and other components.

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