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Smith-Midland Secures $10 Million Contract for I-81 VDOT Project

  • Smith-Midland Corporation (NASDAQ: SMID) secured a ~$10 million contract to supply VDOT for I-81 improvements near Roanoke, VA.
  • The project involves manufacturing SoftSound® sound absorptive concrete, retaining wall components, & pre-stressed columns.
  • This award represents the third largest project in the company's history.
  • Manufacturing & supply activities are scheduled to begin in mid-2027 & continue through 2029.
  • Smith-Midland will collaborate with Triton Construction & VDOT to deliver the infrastructure solutions.
  • The company operates three manufacturing facilities in Midland, VA; Reidsville, NC; & Columbia, SC.
  • The press release includes forward-looking statements regarding risks such as inflation, government spending, & economic conditions.