PLEASANTON -- Simpson Manufacturing reported its sales rose but profits dwindled, a signal that housing construction has yet to fully heal.

Simpson ,which makes connectors, fasteners and other equipment for construction of residential and commercial buildings, earned $13 million on sales of $172.1 million for the July-September quarter.

Compared to the year-ago third quarter, profits fell 33 percent and sales rose 6 percent.

Pleasanton-based Simpson's profits in the year-ago quarter were bolstered primarily by a one-time gain from the company's sale of an equity investment.

Sales gains in the current quarter were due mainly to increased revenue produced by companies that Simpson had acquired.

Contact George Avalos at 925-977-8477. Follow him at twitter.com/george_avalos.



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