Chief Executive Officer, President & Director, Simpson Manufacturing
Search every verified Michael Olosky interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Michael Olosky, President and CEO of Simpson Manufacturing, discussed the company's role in the building materials industry in interviews in October 2024. He described Simpson as a structural solutions provider whose products account for about 1% or less of building materials but are important to structural integrity. Olosky attributed the company's growth to its product line, service model, and a values-based culture derived from founder Bark Simpson's nine principles, which he said encourages employee ownership and decision-making. He stated that the company manufactures most of its connector products in the U.S. using locally sourced steel. Olosky said Simpson is investing in digital solutions and artificial intelligence, including using AI to analyze blueprints for bill of materials and structural components. He noted the company has grown 250 basis points above market over eight years and 800 basis points above market over the past two years, while expressing belief in the housing market's mid- to long-term prospects. Olosky also mentioned partnerships with the Building Talent Foundation to address trade shortages and said the company is focused on water, energy, and waste reduction across its facilities.
“We're a leading structural Solutions provider to the building construction industry and Judy typically our products or Solutions are about 1% or less of the building material but we're super important to the overall structural Integrity of the building.”
“We take what we think is the broadest and deepest product line of structural Solutions out to the building and construction industry where a One-Stop shop in structural Solutions then we help them build safer stronger structures and that typically results in a lot of specifications that drive our business.”
“We also really focus on service so we take those 10,000 SKUs that we have and the 10,000 chip tuos that we send it to in the US and if somebody places an order today we typically ship it out this afternoon and they get it the next day so that service is also a big part of our competitive advantage.”
“We've got a really big sales team probably 300 plus people out in the field they are working with our customers every day so we get a good feel for what they're looking for. We have teams that are working with engineers and code officials to understand what they're looking for and then we also have people that are doin...”
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