SIMPAC America
SIMPAC America, the North American subsidiary of South Korea's SIMPAC Inc., sells and services mechanical, servo, and hydraulic industrial presses (80-3,375 tons) primarily for Tier-1 automotive and appliance manufacturers across the U.S., Canada, and Mexico.
- Company typePrivate
- Founded2017
- HeadquartersTroy, United States
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What SIMPAC America does
SIMPAC America is the North American subsidiary of South Korea-based SIMPAC Inc., established in March 2017 and headquartered in Troy, Michigan. It sells and services industrial presses — mechanical, servo-electric, and hydraulic — with capacities ranging from 80 to 3,375 tons, primarily to Tier-1 automotive suppliers and manufacturers in the home appliance, furniture/electronics, and military/aerospace sectors. The subsidiary leverages its parent's 40+ year operating history and approximately 70% domestic Korean market share in presses to enter North America, while running a lean team of roughly 10 employees.
The product line is anchored in custom-engineered stamping and forming presses and has been extended with the CX Series (launched December 2020), which integrates Industrial Internet of Things connectivity for real-time monitoring, and with the XR Tool virtual press simulation platform introduced in partnership with Elm Park Labs in May 2021. The company also runs a Service Division, backed by a $1M+ investment, that provides installation, maintenance, and repair across the U.S., Canada, and Mexico via partnerships including D&S Machine Repair.
SIMPAC America generates revenue primarily through direct equipment sales of large custom press systems, supplemented by aftermarket service contracts and channel partnerships with U.S. automation distributors such as CSP Equipment and Pearl Equipment. Pricing follows project-based capital-equipment economics with lumpy, multi-million-dollar orders, exemplified by a $16M press order from Martinrea International in September 2021. As a wholly-owned private subsidiary of SIMPAC Inc., it does not disclose audited revenue.
SIMPAC America firmographics
Firmographics- Name
- SIMPAC America
- Legal name
- SIMPAC America Co. Ltd.
- Website
- https://simpac-america.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- SIMPAC America, the North American subsidiary of South Korea's SIMPAC Inc., sells and services mechanical, servo, and hydraulic industrial presses (80-3,375 tons) primarily for Tier-1 automotive and appliance manufacturers across the U.S., Canada, and Mexico.
- Ownership category
- akta.pro rank
SIMPAC America industry classification
Industry- Product category
- Industrial Press Manufacturing
- NAICS
- Metalworking Machinery Manufacturing (33351), Rolling Mill and Other Metalworking Machinery Manufacturing (333519)
- SIC
- Metalworkg Machinery & Equipment (3540), Special Industry Machinery, Nec (3559)
- akta.pro primary industry
- Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping) (IMAHADAC)
Keywords
Where SIMPAC America is headquartered
LocationHeadquarters
- HQ city
- Troy
- HQ country
- United States
- HQ region
- North America
Offices14 records
Markets served
SIMPAC America business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Press Manufacturing and Sales: Sale of mechanical, servo, and hydraulic presses ranging from 80 to 3,375 tons capacity, including standalone presses and automated tandem lines
- Automation Solutions: Turnkey forming systems including coil feed lines, blanking lines, robot lines, transfer systems, and destackers through strategic partnerships
- Aftermarket Sales & Service Support: Equipment serviceability and spare parts inventory, basic training, maintenance, inspection, project management, consultation for process optimization, emergency repair services during warranty and post-warranty periods
- Service Division: Newly expanded Service Division providing installation, commissioning, and ongoing service projects for North American customers
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Full range of press capacities from 80 to 3,375 tons |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels7 records
SIMPAC America product offering
Product offeringCore offering
SIMPAC America designs, sells and services metal forming press systems for the North American manufacturing industry. Its offering spans mechanical, servo and hydraulic presses (80 to 3,375 tons capacity), standalone presses and automated tandem lines, plus turnkey automation solutions (coil feed lines, blanking lines, robot lines, transfer systems, destackers) and aftermarket installation, commissioning, maintenance, spare parts and process optimization services. The equipment is manufactured at SIMPAC's South Korean plants and adapted for North American customers in automotive, home appliances, furniture/electronics, and military/aerospace sectors.
Product overview
SIMPAC America is the North American subsidiary of South Korea's SIMPAC Inc., a leading press manufacturer since 1973. The company's product portfolio comprises a comprehensive range of metal forming equipment including mechanical presses (CX Series C-frame, MC/MCP/MCL Series semi h-frame, DA/DAH Series crank presses, DE/DTE Series eccentric presses, DL/DTL Series link presses), servo presses (SV/SVC/SVT Series with 150-3,375 ton capacity), and hydraulic presses (PH/PDH Series with 150-2,500 ton capacity). These presses are complemented by turnkey automation solutions including coil feed lines, blanking lines, robot lines, transfer systems, and destackers. The company also offers aftermarket sales and service support and is developing extended reality (XR) tools for sales, training, and remote support applications.
Differentiator
Problem solved
Functional benefit
Brands
- SVC1 Series: Servo press series with press capacity 150-330 tons, optimized for highly dynamic forming processes
- SVT2 Series
- SVT4 Series
- MX & SX Series
- PH/PDH Series
- DL & DTL Series
- DE & DTE Series
- DA & DAH Series
- MC, MCP & MCL Series
- CX Series
Products and services
- CX Series Gap-Frame Press C-frame gap-frame mechanical press with 80-300 ton capacity for cutting, stamping, bending, embossing, and forming operations; features compact design requiring no foundation work, SPMS press controls, IIoT connectivity, and automation-friendly configurations including fully automated tandem lines.
- MC / MCP / MCL Series Semi H-Frame Presses
Quantifiable outcome
- Quick delivery times achievable due to in-house production capabilities (as soon as 12 weeks for CX Series)
- +2 more outcomes
Companies that use SIMPAC America
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles3 records
SIMPAC America technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
SIMPAC America partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Elm Park LabscorePartnership to create an exclusive Extended Reality (XR) tool for the metal forming industry. Three project phases covering sales and marketing, buy-offs and installations, and service and operational support. First phase is an AR sales and marketing software tool showcasing the CX-200 press.
- D&S Machine Repair, Inc.coreService, spare parts, and distributor agreement signed on June 27th, 2019. D&S, located in Hastings, MI, is expanding with a 12,000 square foot building for SIMPAC spare parts storage for North American customers. The partnership enables expanded businesses and improved service to the North American customer base.
- CSP Equipment, Inc.coreAuthorized sales and service representative for Canada located in Strathroy, Ontario. Provides local sales and service support for SIMPAC customers in the Canadian market.
- Pearl Equipment CompanyminorRegional distribution partner exhibiting with SIMPAC at PMA Tennessee District Mfg/Suppliers Night events. Supports sales and networking activities in the Tennessee region.
- Worldwide Automation Equipment SupplierscoreSelect range of preferred suppliers for turnkey forming systems. Strategic partnerships and collaborations enable customized automation solutions per specific customer requirements including coil feed lines, blanking lines, robot lines, transfer systems, and destackers.
Scale indicators10 records
Recent moves9 records
Expansion highlights5 records
SIMPAC America competitors and assessment
Company assessmentDirect peers
- Macrodyne: North American manufacturer of hydraulic presses and automation systems for metal forming. Directly comparable to SIMPAC's hydraulic press (PH/PDH) product line and serves overlapping automotive and industrial customer segments.
- Bruderer: Swiss high-speed stamping press specialist with strong European footprint and growing North American presence. Comparable to SIMPAC's smaller-tonnage CX and MC series presses for precision stamping applications.
- Komatsu (Industrial Machinery): Major Japanese press manufacturer offering mechanical and servo press systems widely used by automotive manufacturers. Competes head-to-head with SIMPAC in stamping press lines for automotive body panels and structural components.
- AIDA Engineering: Japanese press manufacturer specializing in high-tonnage mechanical, servo, and transfer presses for automotive applications. Directly comparable to SIMPAC's product range and target automotive Tier-1 customer base.
- Fagor Arrasate: Spanish press and stamping systems manufacturer serving automotive, appliance, and energy markets. Competes with SIMPAC in mid-to-high tonnage mechanical and servo presses globally.
- Schuler (ANDRITZ Schuler): Global market leader in metal forming press technology, including mechanical, hydraulic, and servo presses for automotive and Tier-1 suppliers. Directly competes with SIMPAC in high-tonnage automotive stamping systems across North America.
- Stamtec: U.S.-based press manufacturer and distributor of mechanical presses for metal stamping. Competes in similar automotive Tier-1 and appliance manufacturing segments as SIMPAC America in the North American market.
Broad incumbents
- SMS group: Large German industrial engineering group with metal forming and processing equipment lines. Overlaps with SIMPAC's broader metal forming portfolio but serves a much wider industrial base including steel and aluminum production.
Others
- Beckhoff Automation: German automation and control technology supplier widely used in press systems. Relevant as a potential technology partner or competitor in the IIoT/press control space where SIMPAC's SPMS controls operate.
Emerging players
- Stäubli Robotics: Robotics and automation supplier that partners with press manufacturers for integrated press lines. Comparable to SIMPAC's automation partner network for turnkey forming systems including coil feed and robot lines.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
SIMPAC America social profiles
Digital presenceSIMPAC America financial estimates
Financial estimateRevenue estimate
Valuation estimate
SIMPAC America leadership team
Management profileNumber of profiles
Profiles2 records
SIMPAC America subsidiaries and ownership
Company hierarchySubsidiaries10 records
SIMPAC America funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SIMPAC America M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SIMPAC America
What does SIMPAC America do?
SIMPAC America designs, sells and services metal forming press systems for the North American manufacturing industry. Its offering spans mechanical, servo and hydraulic presses (80 to 3,375 tons capacity), standalone presses and automated tandem lines, plus turnkey automation solutions (coil feed lines, blanking lines, robot lines, transfer systems, destackers) and aftermarket installation, commissioning, maintenance, spare parts and process optimization services. The equipment is manufactured at SIMPAC's South Korean plants and adapted for North American customers in automotive, home appliances, furniture/electronics, and military/aerospace sectors.
Is SIMPAC America a public or private company?
SIMPAC America is a private company. It is classified as corporate owned and is currently operating.
When was SIMPAC America founded?
SIMPAC America was founded in 2017. It employs 1 to 10 people.
Where is SIMPAC America based?
SIMPAC America is headquartered in Troy, United States, in the North America region.
How does SIMPAC America make money?
Four revenue lines are on record. Press Manufacturing and Sales are the primary driver. The others are automation Solutions, aftermarket Sales & Service Support and service Division.
Who are SIMPAC America's main competitors?
Direct peers on record are Macrodyne, Bruderer, Komatsu (Industrial Machinery), AIDA Engineering, Fagor Arrasate, Schuler (ANDRITZ Schuler) and Stamtec. SMS group is listed as a broad incumbent. Beckhoff Automation is listed as an others. Stäubli Robotics is listed as an emerging player.
Does SIMPAC America have an API?
No public API is recorded for SIMPAC America.
What industry is SIMPAC America in?
SIMPAC America's product category is Industrial Press Manufacturing. Its primary akta.pro industry code is IMAHADAC, Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping). Its NAICS code is 33351 and its SIC code is 3540.