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.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsContractsMoversTrading IdeasBriefswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!