Simpson Manufacturing

-8.6%

Simpson Manufacturing Company is a leading supplier of structural building products for the residential, commercial, and industrial construction markets. The company was founded in 1956 by Barclay Simpson, a builder and entrepreneur who recognized the need for high-quality, innovative products in the construction industry.
Headquartered in Pleasanton, California, Simpson Manufacturing has manufacturing facilities and distribution centers throughout North America, Europe, and Asia. The company's product line includes wood screws, mechanical anchors, adhesives, and other fastening systems used in a wide range of building applications.
Simpson Manufacturing is committed to sustainability and environmentally responsible practices, and the company has been recognized for its efforts in this area. It also prioritizes innovation and invests in R&D to continuously develop new and improved products for its customers.
With a strong reputation for quality and reliability, Simpson Manufacturing is a trusted partner for builders, contractors, and homeowners. The company has a global presence and is constantly expanding its product offerings to meet the changing needs of the construction industry.

1. Longevity: Simpson Manufacturing has been in business for over 60 years, demonstrating its success and stability in the industry.
2. Innovation: The company has a history of developing and patenting innovative products in the structural building industry.
3. Quality products: Simpson Manufacturing is known for its high-quality and reliable products, meeting industry standards and customer expectations.
4. Leading market share: The company has a dominant market share in the US and Canada for its anchor systems, fasteners, and other construction products.
5. Wide range of products: Simpson Manufacturing offers a comprehensive range of products for the construction industry, including structural connectors, fasteners, and software solutions.
6. Commitment to sustainability: The company is committed to sustainability and reducing its environmental impact through product innovation and manufacturing processes.
7. Strong customer relationships: Simpson Manufacturing prioritizes building strong relationships with its customers, providing exceptional customer service and support.
8. Employee empowerment: The company values its employees and encourages a culture of innovation, creativity, and empowerment.
9. Global presence: Simpson Manufacturing has a global presence with operations in North America, Europe, Asia, and Australia, allowing it to reach a wide range of markets and customers.
10. Proven track record: With a strong history and track record of success, Simpson Manufacturing has established itself as a trusted and reliable partner for its customers and stakeholders.

The Simpson Manufacturing Company is a manufacturing and engineering company that primarily focuses on building products for the construction industry. Their business model is centered on providing innovative and quality construction products, such as fasteners, connectors, trusses, and anchoring systems, to contractors, builders, and retailers. They specialize in developing solutions for structural and seismic performance, wood construction, and concrete construction.
The company operates through various business segments, including North America, Europe, and Asia/Pacific. They serve a diverse customer base, including residential, commercial, and industrial construction markets.
Simpson Manufacturing Company's business model also includes a strong focus on research and development, continuously improving and refining their products to meet the changing needs of the construction industry. They also have a strong distribution network and strategic partnerships to ensure their products are readily available to customers.
Additionally, the company emphasizes sustainable business practices and environmental responsibility, integrating sustainable materials and processes into their products and operations.
Overall, Simpson Manufacturing's business model is centered on providing high-quality, innovative, and sustainable construction products to customers worldwide.

1. Simpson Manufacturing Company was founded in 1956 by Barclay Simpson in Oakland, California. It began as a small family-owned business focused on developing and manufacturing connectors for the construction industry.
2. The company’s first product was the U-shaped joist hanger, which revolutionized the way builders connected floor joists to their support beams.
3. The company’s headquarters is now located in Pleasanton, California, and it has manufacturing facilities in the United States, Canada, Europe, and China.
4. In the late 1960s, Simpson Manufacturing expanded its product line to include a wide range of structural connectors, fasteners, and anchors for both residential and commercial construction.
5. In the mid-1980s, Simpson Manufacturing began to develop and patent new technologies for wood-to-wood and wood-to-concrete connections, which set them apart from competitors.
6. In 1994, the company went public and began trading on the Nasdaq Stock Market under the symbol SSD.
7. Simpson Manufacturing has a strong commitment to sustainability and environmental responsibility. They have implemented energy-saving initiatives in their manufacturing processes and offer environmentally-friendly products with low environmental impact.
8. The company has a long history of innovative products and has been granted over 100 patents for its products and technologies.
9. Simpson Manufacturing has expanded its product offerings through strategic acquisitions. In 2001, they acquired the concrete and masonry anchor division of USP Holdings, Inc. In 2012, they acquired the Dutch anchor and adhesives company, GBO Fastening Systems.
10. The company has a strong presence in the North American market and also exports its products to over 100 countries worldwide.
11. Simpson Manufacturing has a strong commitment to corporate social responsibility and has been recognized for its ethical business practices and environmental stewardship.
12. The employees of Simpson Manufacturing are encouraged to give back to their communities through volunteerism and philanthropy. The company also has a formal program for donating products to charities and non-profit organizations.
13. In 2016, Simpson Manufacturing celebrated its 60th anniversary by donating $50,000 to Habitat for Humanity, a non-profit organization that provides affordable housing to low-income families.
14. As of 2019, Simpson Manufacturing had annual revenues of over $1 billion and was ranked the 11th largest company in the San Francisco Bay Area by the San Francisco Business Times.
15. The company’s products have been used in some well-known construction projects, including the Trans-Alaska Pipeline System, the Sears Tower (now known as the Willis Tower), and the restoration of the Statue of Liberty.