Smith-Midland Corporation
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Ashley Smith
- Full Time Employees
- 184
- Sector
- Basic Materials
- Industry
- Construction Materials
- Address
- 5119 Catlett Road Midland VA United States of America 22728
- IPO Date
- Dec 13, 1995
- CIK
- 0000924719
- Website
- smithmidland.com
- Similar Companies
- Business
- Smith-Midland Corporation Smith-Midland Corporation (NASDAQ:SMID) invents, develops, manufactures, markets, leases, licenses, sells and installs a broad array of proprietary and standard precast concrete products and systems for the construction, transportation, utility, infrastructure and agricultural industries; core offerings include SlenderWall lightweight energy-efficient architectural precast concrete panels with steel stud framing for commercial and multi-family buildings, J-J Hooks patented positive-connected highway safety barriers in MASH TL-3 compliant configurations available for purchase or rental through subsidiary Concrete Safety Systems, SoftSound absorptive noise barrier walls with customizable textures and colors, Sierra Wall post-and-panel sound barriers, Easi-Set and Easi-Span transportable precast concrete buildings for utility, storage, HazMat and restroom applications, utility vaults and manholes supporting data center and underground infrastructure growth, retaining walls, erosion control products such as Beach Prisms permeable breakwaters, and legacy farm items like cattleguards and feed bunks. The company operates three PCI-certified manufacturing facilities along the Eastern Seaboard—headquartered at its flagship plant in Midland, Virginia (founded 1960), Smith-Carolina in Reidsville, North Carolina (opened 1979 with recent plant expansion doubling capacity), and Smith-Columbia in Hopkins, South Carolina (opened 2016 with new batch plant boosting output 35%)—serving customers from New York to Atlanta including general contractors, transportation authorities, data center developers and special event organizers; through Easi-Set Worldwide subsidiary, it licenses products globally to precast producers in North America and beyond, generating record royalty income, while Midland Design + Advertising provides in-house graphic and media support. Recent developments encompass record 2024 financial performance with highest-ever annual revenue and net income driven by 171% utility vault sales growth amid data center demand, 90% barrier rental revenue increase to 75% fleet utilization, and 48% shipping/installation service expansion; capital investments include new Reidsville batch plant for SoftSound production, bridge form acquisitions for 2025 launch, SlenderWall contracts resuming with four projects starting this year including a $5 million FBI award, delayed 2024 10-K filing, Nasdaq compliance regained, CFO Dominic Hunter appointment, co-founder Rodney I. Smith retirement after 62 years, and participation in investor conferences like Southwest IDEAS in November 2025.
Company News
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