That doesn't surprise me. I wonder if that is the same company from the 60's.
I worked for Simpson Electric back in the 60's. They made quality stuff, like the Simpson 260 meter.
Back then we also made a line of auto test meters for an outfit called Autometer.
Now one would think because it was made by Simpson it was good stuff, but their requirements or specs was well below what Simpson put out. But that's what they wanted, it was cheaper stuff.
The quality did not go in before the name went on.
Dan