Simpson Manufacturing Co., Inc. (SSD) Presents at twenty fourth Annual Diversified Industrials & Companies Convention Transcript

Kurt Yinger
D.A. Davidson & Co., Analysis Division

Nicely, nice. Thanks, and good afternoon, everybody. I respect these becoming a member of right here in particular person in Nashville, and people on the road as properly. I am Kurt Yinger, Constructing Merchandise and Distribution Analyst right here at D.A. Davidson.

I might prefer to welcome from Simpson Manufacturing; President and CEO, Mike Olosky; in addition to CFO and Treasurer, Matt Dunn.

So Mike goes to steer us off with a fast overview, after which we’ll bounce into some questions.

Michael Olosky
CEO, President & Director

Nice. Okay. We’re going to begin actually, actually excessive degree, and I will undergo this comparatively fast. However Simpson is the main provider of structural options into the constructing and development trade. Usually, our supplies are lower than 1% of the invoice of supplies, however important to the structural integrity of the constructing. We go to market and also you see up right here with what we consider is the broadest and deepest line of modern options within the area. That features connectors, fasteners and anchors. We developed the connector market. So these are extremely engineered stamped metal merchandise that join wooden. In that area, we consider we have got north of a 75% share.

Within the product line, you additionally seen that we discuss digital options. So we have got over 50 digital instruments that our prospects use to assist them choose, establish, specify and in some instances, run their enterprise. These digital options simply make the enterprise mannequin related to our {hardware} much more sticky.

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