Smith-Midland Secures $10 Million Contract for I-81 VDOT Project

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MIDLAND, VA / ACCESS Newswire / August 6, 2026 / Smith-Midland Corporation (NASDAQ:SMID), a leading manufacturer of innovative precast concrete products for transportation, infrastructure, and building construction, has been awarded a transportation infrastructure project valued at approximately $10 million to manufacture precast concrete SoftSound®, retaining wall components, and pre-stressed columns for Virginia Department of Transportation (VDOT) improvements along Interstate 81 near Roanoke, Virginia.

This project, the third largest in Smith-Midland's history, includes the manufacturing of Smith-Midland's proven SoftSound® a proprietary sound absorptive concrete face that absorbs traffic noise into the sound wall, along with retaining wall elements and structural sound wall columns that will enhance the I-81 corridor improvements. Designed for long-term durability and efficient installation, the precast systems help accelerate construction schedules while providing lasting performance in demanding transportation environments.

"This award reflects the continued confidence transportation agencies and contractors place in Smith-Midland's ability to deliver large-scale infrastructure solutions," said Matthew Smith, Vice President of Sales and Marketing for Smith-Midland Corporation. "Projects like the I-81 improvements are an important part of our long-term strategic growth plan, expanding our transportation portfolio while reinforcing our commitment to enhancing Virginia's infrastructure. We look forward to working alongside Triton Construction and VDOT to deliver products that continue to benefit communities and travelers across the Commonwealth for years to come."

Beginning in mid-2027 and continuing through 2029, Smith-Midland will manufacture and supply precast concrete SoftSound® sound wall, precast concrete retaining walls, and precast columns, reinforcing the company's longstanding partnership with VDOT in delivering innovative transportation infrastructure solutions across Virginia.

About Smith-Midland Corporation

Smith-Midland develops, manufactures, licenses, rents, and sells a broad array of precast concrete products for use primarily in the construction, transportation, and utility industries.

Smith-Midland Corporation has three manufacturing facilities 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.

Forward-Looking Statements

This announcement contains forward-looking statements, which involve risks and uncertainties. The Company's actual results may differ significantly from those discussed in the forward-looking statements. Factors that 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, the uncertainties arising from the policies of the government, the risk of less government spending on infrastructure than anticipated, inflationary factors including potential recession, our material weaknesses in internal controls, cyber security risks, general business and economic conditions, our high level of accounts receivables, the effect of the Company's accounting policies and other risks detailed in the Company's Annual Report on Form 10-K and other filings with the Securities and Exchange Commission.

Media Inquiries:

Sarah Crandall

[email protected]

(540) 439-8056

Sales Inquiries:

[email protected]

(540) 439-3266

Investor Relations:

Steven Hooser or John Beisler

Three Part Advisors, LLC

[email protected]

[email protected]

(214) 872-2710

SOURCE: Smith-Midland