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Simpson Strong-Tie Enters Concrete Protection Market

Monday, January 23, 2012

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Simpson Strong-Tie, a global supplier of structural products, has entered the concrete repair, protection and strengthening business with the acquisition of Fox Industries Inc. and S&P Clever Reinforcement Company.

 Simpson Strong-Tie

 Simpson Strong-Tie

Simpson Strong-Tie houses extensive research facilities worldwide. The company is considered a leader in structural systems research, testing and innovation.

Fox Industries

Founded in 1969, Baltimore-based Fox Industries manufactures hundreds of cementitious, epoxy, urethane, elastomeric and polyester coatings, grouts, mortars, adhesives, sealers, sealants, membranes and custom-made fiberglass parts for the marine, industrial, transportation, commercial building and public works industries.

S & P Clever

Established in 1998 and based in Switzerland, S&P Clever manufactures epoxy resins and fiber-reinforced polymer (FRP) materials for concrete and asphalt reinforcement. S&P reinforcement systems are manufactured from fiber made of carbon, glass, aramid and other materials.

The company also provides static design software to engineers and planning and design offices. S&P has manufacturing and distribution facilities in Switzerland, Poland, Germany, Austria, the Netherlands, Portugal and Spain.

‘Complementary Product Lines’

“Simpson Strong-Tie has been in this industry for more than 15 years with its Anchor Systems product line and is excited to bring complementary product lines to our customers in the U.S. and in Europe,” said company president Terry Kingsfather.

Founded as a window-screen business in the 1940s, Simpson Strong-Tie is now a global company with more than $550 million in sales (2010); more than 1,800 employees; and nine U.S. and 10 international manufacturing locations.
 
The company produces an extensive line of connectors, fasteners, fastening systems, anchors and lateral-force resisting systems, recognized for helping structures withstand high winds, hurricanes and seismic forces.

   

Tagged categories: Acquisitions; Adhesive; Concrete repair; Epoxy; Mergers; Sealers

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