| Business Summary | | Simpson
Manufacturing
Co.,
Inc.,
through
its
subsidiary,
Simpson
Strong-Tie
Company
Inc.
(SST),
designs,
engineers
and
manufactures
wood-to-wood,
wood-to-concrete
and
wood-to-masonry
connectors
and
shearwalls.
SST
also
offers
a
full
line
of
adhesives,
mechanical
anchors
and
powder-actuated
tools
for
concrete,
masonry
and
steel.
The
Company's
subsidiary,
Simpson
Dura-Vent
Company,
Inc.
(SDV),
designs,
engineers
and
manufactures
venting
systems
for
gas
and
wood
burning
appliances.
The
Company
markets
its
products
to
the
residential
construction,
light
industrial
and
commercial
construction,
remodeling
and
do-it-yourself
markets.
The
Company
believes
that
SST
benefits
from
strong
brand
name
recognition
among
architects
and
engineers
who
frequently
specify
in
building
plans
the
use
of
SST
products,
and
that
SDV
benefits
from
strong
brand
name
recognition
among
contractors,
dealers,
distributors
and
original
equipment
manufacturers
to
which
SDV
markets
its
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SSD
through
its
subsidiaries,
Simpson
Strong-Tie
Co.
and
Simpson
Dura-Vent
Co.,
designs,
engineers,
and
manufactures
wood-to-wood,
wood-to-concrete
and
wood-to-masonry
connectors
and
venting
systems
for
gas
and
wood
burning
appliances.
For
the
six
months
ended
6/30/01,
net
sales
rose
15%
to
$210.7
million.
Net
income
rose
4%
to
$21.6
million.
Results
reflect
the
acquisition
of
BMF
Bygningsbeslag,
partially
offset
by
an
increase
in
personnel-related
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Barclay Simpson, 79 Chairman | $959K | -- | Thomas Fitzmyers, 60 Pres,
CEO, Director | 1.7M | $248K | Michael Herbert, 42 CFO,
Treasurer, Sec. | 190K | -- | Stephen Lamson, 48 Director
and Pres and COO, | 1.1M | -- | Donald Townsend, 54 Director
and Chief Exec. Officer of the Company's subsidiary, Simpson Dura-Vent Company, Inc. | 630K | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|