MIDLAND, VA. , May 04, 2018 (GLOBE NEWSWIRE) -- Smith-Midland Corporation (OTCQX: SMID). Our North Carolina precast concrete plant, Smith-Carolina, will expand in Rockingham County with a larger manufacturing facility on 46 acres in Reidsville. The Company plans to invest more than $3 million in a new 15,000 square-foot building including machinery and equipment, with additional space available for future expansions. Smith-Carolina also plans to create 10 new full-time jobs by the end of 2018. The new facility will be located on Carrot Road in Reidsville, NC.
“Smith-Carolina has been a good corporate citizen for almost 40 years in Rockingham County. We look forward to their expansion and the economic benefits it will bring in the future,” said Mark Richardson, chairman of the Rockingham County Board of Commissioners.
“There have been increasing demands from our customers. Our current facility is literately busting at the seams,” said Rod Smith, General Manager. “We are really looking forward to having the capacity to handle a burgeoning North Carolina market long into the future.”
Smith-Carolina originated in Reidsville in 1979 when the Smith-Midland Corporation expanded its operations to North Carolina. The Reidsville facility produces high-quality precast concrete products including J-J Hooks highway safety barrier, highway sound wall, Easi-Set precast concrete buildings, and many other custom precast products. Smith-Carolina currently has 25 full-time employees at its existing Rockingham County plant. Smith-Carolina is one of three precast manufacturing plants within the publically traded Smith-Midland Corporation (SMID), serving customers along the eastern seaboard from New York City to Georgia.
“We are excited that Smith-Carolina is expanding closer to Reidsville and taking advantage of the soon to be I-785 corridor. Loves Travel Center and now Smith-Carolina–a win-win for Reidsville and Rockingham County,” said Jay Donecker, mayor of Reidsville. Rockingham County will provide a total post-performance incentive to Smith-Carolina of $29,232 to be paid out in annual installments of $7,308 over four years.
For more information on Smith-Carolina, call (336) 349-2905 or visit: www.smithmidland.com/smith-carolina.
About Smith-Midland Corporation - Smith-Midland Corporation is a publicly traded company (OTCQX: SMID). Smith-Midland develops, manufactures, and sells a broad array of precast concrete products for use primarily in the construction, transportation, and utilities industries. Smith-Midland Corporation has three manufacturing facilities located in Midland, Va., Reidsville, NC, and Columbia, SC. Easi-Set Worldwide, a wholly-owned subsidiary of Smith-Midland Corporation, licenses the production and sale of J-J Hooks and other Easi-Set precast products and provides diversification opportunities to the precast industry worldwide, (800) 547-4045, www.easiset.com.