Smith-Midland® Corporation Selected for 2020 K Street Office Building ProjectMidland, Va. - Smith-Midland® Corporation (OTC BB, Boston Stock Exchange: SMID, SMID) announced today that the Company was selected by Hitt Contracting, Inc. to furnish and install architectural precast concrete as part of a larger project that will add approximately 100,000 rentable square feet to the existing office building located at 2020 K Street in downtown Washington, D.C. The panels being supplied incorporate architectural precast with smooth precast finish color to match the existing brick. One of the reasons that SLENDERWALL® was chosen is that the project is a three floor vertical addition to an existing building and the lightweight and permanent characteristics of Slenderwall made it the product of choice. The total value of the contract is $221,085, all of which will be completed this year.Smith-Midland® develops, manufactures, licenses, and sells a broad array of precast concrete products for use primarily in the construction, transportation and utilities industries. Smith-Midland® has two manufacturing facilities located in Midland, Virginia, and Reidsville, North Carolina. Easi-Set® Industries, a wholly-owned subsidiary of Smith-Midland® Corporation, licenses Smith-Midland® developed products throughout North America and in Europe and South America. Easi-Set® Industries currently has over 30 precast concrete product licensees worldwide. This announcement contains forward-looking statements which involve risks and uncertainties. The Company’s actual results may differ significantly from the results discussed in the forward-looking statements. Factors which might cause such a difference include, but are not limited to, product demand, the impact of competitive products and pricing, capacity and supply constraints or difficulties, general business and economic conditions, the effect of the Company’s accounting policies and other risks detailed in the Company’s Annual Report on Form 10-KSB and other filings with the Securities and Exchange Commission.
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