Robert Bosch Power Tool Corp. and Simpson Strong-Tie Co. Have Signed an Agreement

Robert Bosch Power Tool Corp. and Simpson Strong-Tie Co. have signed an agreement to jointly pursue sales, marketing and product development opportunities in the concrete construction market, according to a joint announcement. The alliance seeks to bring to market a complete Bosch/Simpson Strong-Tie installation system, including adhesive and mechanical anchors, demolition and rotary hammers, and accessories. The new venture will also provide joint jobsite training to installers and offer distribution partners a variety of sales and marketing benefits, giving them access to the broadest commercial and residential product portfolio in the concrete construction industry. “The alliance between our two companies will give our distribution partners a better way to compete against direct sellers,” said Terry Kingsfather, president, Simpson Strong-Tie. “By combining Bosch’s expertise in power tools and accessory systems with the Simpson Strong-Tie focus on providing specified, value-engineered anchoring solutions, we can drive quality business to our partners and provide customers with even better solutions.” Source: Home Channel News