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Park City—Star Seismic, LLC announced Tuesday an equity investment in the company by Vopne Capital, a private investment firm based in San Francisco.
Star Seismic is the leading designer, engineer and manufacturer of Buckling Restrained Braces (or "BRBs"). BRBs are structural braces that provide stability during seismic events. They are used in a multitude of commercial and industrial structures, including university, office, retail, and high-rise buildings, manufacturing facilities, hospitals and medical centers, stadiums, power plants and warehouses. The company's proprietary, patented BRBs are critical to saving lives and property in seismic areas. Proven by full scale testing and actual earthquakes, Star Seismic bracing is ductile enough to withstand several seismic events.
"Star Seismic is known for industry-leading engineering and design, as well as unparalleled customer service and manufacturing quality. Our patented, proprietary BRBs provide the highest quality, most cost-effective seismic solution for the structural engineering community," said Argan Johnson Jr., co-founder and CEO of Star Seismic. "We are excited to have Vopne Capital join as shareholders in our company because of their shared vision of growth and continued investment in our customers, technology, products and employees."
"Star Seismic is the industry leader in BRBs," added Jim Bloom, Managing Partner at Vopne who joins Star Seismic as Chairman. "The company has an exceptionally talented design and engineering team, the highest-quality manufacturing processes, and an unyielding focus on serving their customers. We look forward to helping Star Seismic continue its expansion to new customers, new products and new markets, while maintaining its excellence in design, engineering, manufacturing quality and customer service."
Steve Powell, co-founder and President of Star Seismic stated, "We look forward to the next chapter in our company's success and are pleased to have Vopne Capital's support as we continue to expand.