Smith-Midland Producing Precast Utility Manholes for The Port of Virginia

MIDLAND, VA / ACCESSWIRE / November 30, 2023 / Smith-Midland Corporation (NASDAQ:SMID), a provider of innovative, high-quality proprietary and patented precast concrete products and systems, has begun production in their Virginia plant for $1.1 Million of precast concrete Utility Manholes for the North Norfolk International Terminal Optimization Project, in Norfolk, Virginia.

The redevelopment project, consisting of over 74 acres of terminal property, will include multiple underground precast concrete utility boxes for electrical and communication uses. The utility manholes will also include cast iron frames and covers, all of which will be delivered to the site. Production and delivery of the boxes is set to last through 2024.

Smith-Midland is designing and manufacturing multiple manholes utilizing ten different sizes with around 40 percent of the total order engineered to be rated for heavy-duty loads up to 100,000 lbs.

"This redevelopment is a massive undertaking and we know that our precast products are the perfect solution to the project demands. Precast concrete is a versatile and strong material, making it the first choice in projects like these. We look forward to more projects of this size and scope due to the Infrastructure Investment and Jobs Act passed by Congress." said Matthew Smith, Vice President of Sales and Marketing at Smith-Midland.

The owner of the project is The Port of Virginia (Virginia International Terminals, LLC) and Smith-Midland will again be working with J.C. Driskill, Inc., the electrical subcontractor, and the general contractor, Allan Myers.

About Smith-Midland Corporation

Smith-Midland develops, manufactures, licenses, rents, and sells a broad array of precast concrete products and systems for use primarily in the construction, transportation, and utility industries.

Smith-Midland Corporation has three manufacturing facilities located in Midland, VA, Reidsville, NC, and Columbia, SC, and a J-J Hooks Safety Barrier rental firm, Concrete Safety Systems. Easi-Set Worldwide, a wholly owned subsidiary of Smith-Midland Corporation, licenses the production and sale of Easi-Set products, including J-J Hooks and SlenderWall, and provides diversification opportunities to the precast industry worldwide. For more information, please call [phone] or visit www.smithmidland.com.

CONTACT:

Media Inquiries:
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Sales Inquiries:
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Investor Relations:
Steven Hooser or John Beisler
Three Part Advisors, LLC
[phone]

SOURCE: Smith-Midland Corporation

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The Smith-Midland Stock at the time of publication of the news with a fall of -1,07 % to 30,52USD on Nasdaq stock exchange (30. November 2023, 02:00 Uhr).