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Smith-Midland Bags Multiple Contracts Valued At $8.9M

Smith-Midland Corp (NASDAQ:SMID) has recently secured more than $8.9 million in orders. The tasks in the contracts incorporate various of…
byAkanksha Bakshi
July 28, 2022
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  • Smith-Midland Corp (NASDAQ:SMID) has recently secured more than $8.9 million in orders.
  • The tasks in the contracts incorporate various of the company’s precast products.
  • The projects include a $3.4 million order for its Soundwall panels and posts as part of the reconstruction and widening of I-20 at the Broad River Road and I-26 interchange outside Columbia, SC.
  • Smith-Midland will provide interior and exterior wall panels at the Marine Corps Air Station in Cherry Point, NC.
  • “There is growing demand for our offerings through increased commercial construction and infrastructure spending, and we look forward to announcing additional projects over the coming months,” commented CEO Ashley Smith.
  • Price Action: SMID shares are trading higher by 16.76% at $17.92 on the last check Thursday.
 
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