920371--2/26/2010--SIMPSON_MANUFACTURING_CO_INC

related topics

{operation, international, foreign}

{acquisition, growth, future}

{cost, regulation, environmental}

{product, market, service}

{regulation, change, law}

{stock, price, share}

{stock, price, operating}

{operation, natural, condition}

{condition, economic, financial}

{cost, operation, labor}

{control, financial, internal}

{system, service, information}

{product, liability, claim}

{tax, income, asset}

{personnel, key, retain}

{provision, law, control}

{property, intellectual, protect}

{loss, insurance, financial}

{customer, product, revenue}

Worldwide economic conditions and credit tightening materially and adversely affect our business. Failure to comply with industry regulations could result in reduced sales and increased costs. If we fail to compete effectively, our revenue and profit margins could decline. If we lose all or part of a large customer, our sales and profits would decline. Increases in prices of raw materials could negatively affect our sales and profits. If we cannot protect our technology, we will not be able to compete effectively. Integrating acquired businesses may divert management s attention away from our day-to-day operations. Significant costs to integrate our acquired operations may negatively affect our financial condition and the market price of our stock. Our future growth may depend on our ability to penetrate new domestic and international markets, which could reduce our profitability. Seasons and business cycles affect our operating results. Product liability claims and product recalls could harm our reputation, sales and financial condition. Complying or failing to comply with environmental, health and safety laws and regulations could affect us materially and adversely. New appliance efficiency standards could materially and adversely affect our operating results and financial condition. We depend on key management and technical personnel, the loss of whom could harm our business. Any work stoppage or interruption by employees could materially and adversely affect our business and financial condition. International operations expose us to foreign exchange rate risk. Natural disasters could decrease our manufacturing capacity. Control by our principal stockholder reduces the ability of other stockholders to influence management. Additional financing, if needed, to fund our working capital, growth or acquisitions may not be available on reasonable terms, or at all. Any issuance of preferred stock may dilute your investment and reduce funds available for dividends. Our stock price is likely to be volatile and could drop. Future sales of common stock could adversely affect our stock price. Delaware law and our stockholder rights plan contain anti-takeover provisions that could deter takeover attempts that might otherwise be beneficial to our stockholders. We are subject to a number of significant risks that might cause our actual results to vary materially from our plans, targets or projections, including: If we change significantly the location, nature or extent of some of our manufacturing operations, we may reduce our net income. Impairment charges on goodwill or other intangible assets would adversely affect our financial position and results of operations. Failure of our internal control over financial reporting could harm our business and financial results. Failure of our accounting systems could harm our business and financial results. Our international operations may be materially and adversely affected by factors beyond our control. Our international operations depend on our successful management of our subsidiaries outside of the United States. Our manufacturing facilities in China complicate our inventory management. If we fail to keep pace with advances in our industry or fail to persuade customers to adopt new products we introduce, customers may not buy our products, which would adversely affect our sales and profits. Changes in accounting standards could materially and adversely affect our financial results. Climate change could materially and adversely affect our business. We are subject to U.S. and international tax laws that could affect our financial results. Contracts that we file as exhibits to our public reports contain recitals, representations and warranties that may not be factually correct. If we are unable to protect our information systems against data corruption, cyber-based attacks or network security breaches, our operations could be disrupted.

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920371--2/26/2010--SIMPSON_MANUFACTURING_CO_INC_/CA/