Smith-Midland Secures $5 Million in SoftSound(R) Noise Wall Contracts

Rhea-AI Summary

Smith-Midland Corporation (NASDAQ:SMID) has secured $5 million in contracts for SoftSound® Noise Walls as part of the I-495 Express Lanes Northern Virginia Extension (NEXT) project. Collaborating with Shirley Contracting and The Lane Construction Corporation, the company will produce various Noise Walls and precast retaining walls at its Midland, Virginia plant. Delivery is expected to begin later this year. The innovative Absorptive SoftSound® panels are noted for their durability and environmental benefits, enhancing infrastructure quality in the Mid-Atlantic region.

Positive

• Secured $5 million in contracts for SoftSound Noise Walls.
• Collaboration with established contractors boosts project credibility.
• Innovative products provide excellent noise-blocking and durability.
• Production scheduled at Midland, Virginia facility, enhancing local operations.

Negative

• None.

MIDLAND, VA / ACCESSWIRE / January 4, 2023 / Smith-Midland Corporation (NASDAQ:SMID), a provider of innovative, high-quality proprietary and patented precast concrete products and systems, was recently awarded $5 Million in SoftSound^® Noise Wall contracts for the I-495 Express Lanes Northern Virginia Extension (NEXT) project.

Smith-Midland is working with Shirley Contracting Company out of Lorton, Virginia, and The Lane Construction Corporation, out of McLean, Virginia, to produce 24-foot wide ground mounted Noise Walls, 20-foot wide structure mounted Noise Walls and 10-foot wide precast retaining walls. Delivery is scheduled to begin later this year with production coming out of the Company's Midland, Virginia plant.

"Our patented Absorptive SoftSound^®Noise Barriers provide excellent noise blocking qualities, incredible durability, and are environmentally friendly, making them a strong investment for any infrastructure project. We look forward to seeing these panels in action throughout the Mid-Atlantic region," said Ashley Smith, President, and Chief Executive Officer, Smith-Midland Corporation.

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 (540) 439-3266 or visit www.smithmidland.com.

Media Inquiries:
scrandall@midlandadvertising.com
(540) 439-8056

Sales Inquiries:
info@smithmidland.com
(540) 439-3266

Investor Relations:
Steven Hooser or John Beisler
Three Part Advisors, LLC
(214) 872-2710

SOURCE: Smith-Midland Corporation

View source version on accesswire.com:
https://www.accesswire.com/733952/Smith-Midland-Secures-5-Million-in-SoftSoundR-Noise-Wall-Contracts

FAQ

What contracts did Smith-Midland Corporation secure on January 4, 2023?

Smith-Midland Corporation secured $5 million in SoftSound Noise Wall contracts for the I-495 Express Lanes Northern Virginia Extension (NEXT) project.

Which companies is Smith-Midland working with for the Noise Wall contracts?

Smith-Midland is collaborating with Shirley Contracting Company and The Lane Construction Corporation for the Noise Wall contracts.

What products are included in the $5 million Noise Wall contracts?

The contracts include 24-foot wide ground mounted Noise Walls, 20-foot wide structure mounted Noise Walls, and 10-foot wide precast retaining walls.

When is the delivery of the Noise Walls expected to begin?

Delivery of the Noise Walls is scheduled to begin later in 2023.