SMG Industries Inc.
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- SMG Industries Inc. operates as a transportation services company headquartered in Houston, Texas, focusing on the domestic infrastructure logistics market across the United States. The company provides specialized heavy haul and super heavy haul transportation of infrastructure components such as bridge beams, power generation transformers, wind energy components, and midstream compressors. Its services extend to the heavy haul of production equipment, including heat exchangers, coolers, construction equipment, and refinery components, as well as the transportation of natural gas compressors, flatbed freight, and crane operations used for setting equipment on compressor stations and pipeline infrastructure. SMG also offers drilling rig relocation services for drilling contractors and oil and gas operators, freight brokerage, and driveaway services. Incorporated in 2008, the company was formerly known as SMG Indium Resources Ltd. and changed its name to SMG Industries Inc. in April 2018. In recent years, SMG Industries has undertaken strategic expansions including the acquisition of Barnhart Transportation in July 2023, a leading logistics services provider, enhancing its transportation and logistics capabilities. The company reported record revenues of $71 million for the fiscal year ended 2022, marking significant growth in its financial performance. In March 2024, SMG voluntarily deregistered its common stock from SEC reporting to reduce administrative expenses and focus on core operations, aiming to improve financial and operational efficiency. SMG Industries serves primarily the oil and gas equipment and services sector within the energy industry, targeting infrastructure, oilfield, and midstream markets with comprehensive logistics solutions. The company operates through several wholly owned subsidiaries branded as the 5J Transportation Group and employs approximately 269 personnel. Its core business lines emphasize heavy haul transportation, rig mobilization, and specialized freight brokerage, maintaining a strong presence in the U.S. energy infrastructure logistics market. This profile captures SMG Industries Inc.'s main product and service offerings as well as recent strategic developments and its market positioning in the transportation services sector.
SMG Industries Inc. Announces Voluntary SEC Deregistration
SMG Industries Inc. Releases Financial Information Recently Filed in a Current Report on Form 8-K and Stockholder Update
SMG Industries Inc. Reports Record Revenues of $21.8 Million for the Second Quarter 2023 (Excludes Contribution from the Barnhart Acquisition Completed July 2023)
Great Rock Capital Closes $31.7 Million Term Loan Facility with SMG Industries, Inc.
Generational Capital Markets Advises Barnhart Transportation in its Recapitalization by SMG Industries
SMGI Announces Successful Recapitalization and Acquisition of Barnhart Transportation, a Leading Logistics Services Provider Based in Pennsylvania
SMG Industries, Inc. Announces Senior Management Team Additions and Changes
SMG Industries, Inc. Reports $12.2 Million in Revenues for the Second Quarter 2021 and Six-Month Financial Results
SMG Industries, Inc. Announces Preliminary Unaudited Revenue Results for the Second Quarter 2021
SMG Industries, Inc. Announces Terminal Expansion and New Business Unit in Houston
SMG Industries, Inc. Reports Financial Results for Fiscal Year 2020
SMG Industries, Inc. Announces Preliminary Unaudited Year End 2020 Revenue Results and Strategy Update