Smith-Midland Bags Multiple Contracts Valued At $8.9M

  • Smith-Midland Corp 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.
SMID Logo
SMIDSmith-Midland Corp
$30.27-4.15%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
34.89
Growth
93.74
Quality
94.85
Value
60.95
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Posted In:
Comments
Loading...