<PAGE> 1
SCHEDULE 14A
(RULE 14A-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES
EXCHANGE ACT OF 1934 (AMENDMENT NO. )
Filed by the registrant [X]
Filed by a party other than the registrant [ ]
Check the appropriate box:
[ ] Preliminary proxy statement. [ ] Confidential, for use of the
Commission only (as permitted by
Rule 14a-6(e)(2).
[ ] Definitive proxy statement.
[X] Definitive additional materials.
[ ] Soliciting material pursuant to Rule 14a-11(c) or Rule 14a-12.
Simpson Industries, Inc.
- --------------------------------------------------------------------------------
(Name of Registrant as Specified in Its Charter)
Simpson Industries, Inc.
- --------------------------------------------------------------------------------
(Name of Person(s) Filing Proxy Statement if Other Than the Registrant)
Payment of filing fee (check the appropriate box):
[X] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and
0-11.
(1) Title of each class of securities to which transaction applies:
- --------------------------------------------------------------------------------
(2) Aggregate number of securities to which transaction applies:
- --------------------------------------------------------------------------------
(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (set forth the amount on which the
filing fee is calculated and state how it was determined):
- --------------------------------------------------------------------------------
(4) Proposed maximum aggregate value of transaction:
- --------------------------------------------------------------------------------
(5) Total fee paid:
- --------------------------------------------------------------------------------
[ ] Fee paid previously with preliminary materials.
- --------------------------------------------------------------------------------
[ ] Check box if any part of the fee is offset as provided by Exchange Act
Rule 0-11(a)(2) and identify the filing for which the offsetting fee
was paid previously. Identify the previous filing by registration
statement number, or the form or schedule and the date of its filing.
(1) Amount Previously Paid:
- --------------------------------------------------------------------------------
(2) Form, Schedule or Registration Statement No.:
- --------------------------------------------------------------------------------
(3) Filing Party:
- --------------------------------------------------------------------------------
(4) Date Filed:
- --------------------------------------------------------------------------------
<PAGE> 2
[SIMPSON INDUSTRIES, INC. LOGO]
========================================================
TOTAL SHAREHOLDER RETURNS - 5 YEARS
CLOSING PRICE 12/31/99 $11.25
========================================================
[LINE GRAPH]
<TABLE>
<CAPTION>
COMPANY NAME/INDEX '94 DEC95 DEC96 DEC97 DEC98 DEC99
================================================================================
<S> <C> <C> <C> <C> <C> <C>
SIMPSON INDUSTRIES 100 101.34 127.68 142.88 121.95 147.02
RUSSELL 2000 INDEX 100 126.21 144.84 174.56 168.54 201.61
PEER GROUP 100 111.52 136.18 157.89 152.30 113.43
CONSOLIDATORS 100 124.09 149.32 174.33 178.26 130.18
</TABLE>
================================================================================
67 YEARS OF PROGRESS
<PAGE> 3
[SIMPSON INDUSTRIES, INC. LOGO]
========================================================
TOTAL SHAREHOLDER RETURNS - 10 YEARS
CLOSING PRICE 12/31/99 $11.25
========================================================
[LINE GRAPH]
<TABLE>
<CAPTION>
BASE
PERIOD
COMPANY NAME/INDEX DEC89 DEC90 DEC91 DEC92 DEC93 DEC94 DEC95 DEC96 DEC97 DEC98 DEC99
===========================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SIMPSON INDUSTRIES 100 97.27 156.83 195.70 272.80 185.00 187.49 236.22 264.33 225.61 271.98
RUSSELL 2000 INDEX 100 78.54 112.85 131.31 153.64 148.75 187.73 215.44 259.65 250.70 299.89
PEER GROUP 100 82.53 82.82 118.14 167.61 139.45 155.52 189.90 220.17 212.39 158.18
CONSOLIDATORS 100 80.45 77.14 108.92 147.25 126.59 157.08 189.02 220.69 225.66 164.79
</TABLE>
=============================================================================
67 YEARS OF PROGRESS
<PAGE> 4
[SIMPSON INDUSTRIES, INC. LOGO]
LONG TERM PROJECTIONS
================================================================================
CAPITAL EXPENDITURES (CAPEX) - % OF SALES
[BAR GRAPH]
<TABLE>
<CAPTION>
1993 1994 1995 1996 1997 1998 1999
- -------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
14.3 10.7 8.0 6.4 6.8 4.0 7.8
</TABLE>
1993 1994 1995 1996 1997 1998 1999
-------------------------------------------------------------
CAPEX ($M): 38 38 31 26 29 20 44
-------------------------------------------------------------
- - $10M OF 1998 CAPEX WAS PUSHED OUT TO 1999 (TIMING)
- - OVERALL TREND OF CAPEX AS A % OF SALES IS DOWNWARD
