Simpson Strong-Tie Acquires Automatic Stamping
Deal gives Simpson entree to the truss plate market.
Simpson Strong-Tie has recently acquired the majority of the assets of Automatic Stamping, LLC. and Automatic Stamping Auxiliary Services, LLC. to launch its truss plate offering. Automatic Stamping is based in Edenton, N.C., and is a family-owned business with a long history in the truss plate industry. Former owner Bill Black will continue to lead manufacturing and plate innovation operations in Edenton.
"Automatic Stamping is well known in the truss industry and highly regarded as an extremely efficient, high-quality manufacturer of truss plates. We are very excited about this new venture and look forward to being able to offer our customers some of the best truss plate products in the industry," said Mike Bugbee, vice president of the truss and component industry for Simpson Strong-Tie.
Bill Black added, "It's an honor to be affiliated with a company such as Simpson Strong-Tie who has the same integrity and determination as Automatic Stamping, LLC. We look forward to making history in the truss plate industry."
In addition to the new truss plate offering, Simpson Strong-Tie will launch an initial release of its new truss plate software later this year. The company acquired the source code of Keymark's truss software last fall and has been aggressively developing its software and technical support capabilities in order to provide truss and component industry customers with a high-quality, high-performance product offering.
For more information, visit the company's website at www.strongtie.com.
