Smith-Midland Producing over $1 Million in Utility Vaults for Virginia Data Center

Rhea-AI Summary

Smith-Midland (NASDAQ:SMID) began production of underground precast utility vaults and manholes for a new data center in Mineral, Virginia, on a contract valued at more than $1 million. All units are scheduled for delivery by the beginning of 2026 and will be manufactured at Smith-Midland's Virginia precast plant.

The scope includes cast-iron access frames and covers, including a 48-inch heavy-duty unit. Products use 5,000 psi concrete and H-20 highway traffic load ratings; custom designs are available for mission-critical applications.

Positive

• Contract >$1M awarded for Virginia data center infrastructure
• All units scheduled for delivery by beginning of 2026
• 5,000 psi concrete and H-20 load ratings for durability

Negative

• Contract value described only as “more than $1 million”, no exact price disclosed
• Press release gives no quantified revenue or margin impact for shareholders

Key Figures

Contract value more than $1 million Utility vaults and manholes for Mineral, VA data center

Delivery timing beginning of 2026 All units scheduled for delivery

Access unit size 48-inch Large cast-iron access frame and cover

Concrete strength 5,000 psi Standard for Smith-Midland utility vaults

Load rating H-20 highway traffic Design rating for utility vaults

Market Reality Check

$35.63 Last Close

Volume Volume 14,450 is above the 20-day average of 8,672 shares ahead of this news. high

Technical Shares at $34.02 were trading below the 200-day MA of $34.81, and about 32.46% under the 52-week high.

Peers on Argus 1 Up

SMID slipped 0.09% while key peers like CPAC, LOMA, CAPS and others showed mixed to negative moves earlier in the day, indicating this contract win appears more stock-specific than part of a broad sector rally.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 13	Q3 2025 earnings	Positive	+0.8%	Reported Q3 results with solid margin and higher cash and backlog.
Nov 12	Earnings date notice	Neutral	+0.0%	Announced timing of Q3 release and conference presentation schedule.
Oct 09	SlenderWall contracts	Positive	-2.4%	Secured over $2M in SlenderWall precast projects in two states.
Sep 30	Barrier rental win	Positive	+4.5%	Won barrier rental contract over $4M for I-64 express lanes project.
Sep 24	Leadership recognition	Positive	+0.1%	CEO named to Virginia 500 list, highlighting leadership and growth.

Pattern Detected

Recent positive operating and contract news has more often coincided with modestly positive price reactions, though one sizeable contract update saw a short-term pullback.

Recent Company History

Over the past few months, Smith-Midland reported Q3 2025 results on Nov 13 with revenue of $21.5 million, net income of $2.9 million, and backlog near $54.8 million, which saw a mild positive reaction. Earlier news highlighted over $4 million in barrier rental work for the I-64 project and more than $2 million in SlenderWall contracts, reinforcing a growing backlog of infrastructure-related projects. Today’s $1+ million data center utility vault order fits this pattern of adding specialized, higher-value contracts in key end markets.

Market Pulse Summary

This announcement adds a data center-focused utility vault contract valued at over $1 million to Smith-Midland’s project base, with delivery expected by early 2026. It complements earlier wins such as barrier rentals over $4 million and SlenderWall projects exceeding $2 million, reinforcing exposure to infrastructure and high-growth end markets. Investors may watch how these awards flow into revenue and backlog, concrete margins tied to 5,000 psi H-20-rated products, and any updates in future earnings reports.

Key Terms

precast technical

"production is underway on underground precast utility vaults and manholes"

Precast describes concrete or other building components that are cast and cured in a factory setting and then transported to a construction site for assembly, similar to large, ready-made Lego pieces. For investors, precast matters because it can speed up project timelines, improve quality control, lower on-site labor needs, and create predictable manufacturing costs—factors that influence profitability, capital needs, and delivery risk for construction and materials companies.

H-20 highway traffic load ratings technical

"with 5,000 psi concrete and H-20 highway traffic load ratings"

A highway traffic load rating labelled H-20 is a standardized rule used by engineers to say whether a bridge or road structure can safely carry heavy trucks and similar highway loads. Think of it like a posted weight limit on a bridge: it helps investors understand the capacity, safety, maintenance needs and legal limits of transport routes or infrastructure assets, which affects traffic flow, toll revenue potential and long‑term repair costs.

AI-generated analysis. Not financial advice.

MIDLAND, VA / ACCESS Newswire / December 16, 2025 / Smith-Midland Corporation (NASDAQ:SMID) announced today that production is underway on underground precast utility vaults and manholes for a new data center in Mineral, VA. The contract, valued at more than $1 million, is being produced at Smith-Midland's Virginia precast plant, with all units scheduled for delivery by the beginning of 2026.

The precast vaults will house the facility's electrical and telecom lines, delivering essential underground infrastructure for reliable power and connectivity. Smith-Midland is also providing the accompanying cast-iron access frames and covers, including a large 48-inch unit designed for heavy-duty performance.

"Precast utility structures like these allow data centers and other facilities to accelerate construction schedules while ensuring reliable, long-term performance," said Ashley Smith, President and CEO of Smith-Midland. "This project reflects the strong demand we are experiencing for resilient infrastructure solutions and aligns with our strategic plan to expand our presence in high-growth sectors such as data centers and utilities. By investing in advanced precast technologies and delivering products that combine quality craftsmanship, durability and value, we continue to create opportunities for our stakeholders while reinforcing Smith-Midland's reputation as an industry leader."

Smith-Midland manufactures a wide range of standard utility vaults, designed to be the most economical choice for underground infrastructure. Readily available in many shapes and sizes, each piece is built to uniform quality standards, with 5,000 psi concrete and H-20 highway traffic load ratings. Custom designs are also available for specialized applications, ensuring flexibility for both standard and mission-critical projects like data centers.

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 United States Government, the risk of less government spending on infrastructure than anticipated, inflationary factors including potential recession, our material weaknesses in internal controls, general business and economic conditions, our debt exposure, 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
scrandall@midlandadvertising.com
(540) 439-8056

Sales Inquiries:
info@smithmidland.com
(540) 439-3266

Investor Relations:
Steven Hooser or John Beisler
Three Part Advisors, LLC
(214) 872-2710

SOURCE: Smith-Midland

View the original press release on ACCESS Newswire

FAQ

What did Smith-Midland (SMID) announce on December 16, 2025?

Smith-Midland announced production of underground precast utility vaults and manholes for a Mineral, VA data center on a contract valued at more than $1 million.

Where will Smith-Midland (SMID) manufacture the utility vaults for the Mineral, VA data center?

The utility vaults and manholes will be produced at Smith-Midland's Virginia precast plant.

When will Smith-Midland (SMID) deliver the precast vaults for the data center?

All units are scheduled for delivery by the beginning of 2026.

What specifications did Smith-Midland (SMID) highlight for the precast utility vaults?

Products are built with 5,000 psi concrete and rated for H-20 highway traffic loads; cast-iron frames and a 48-inch heavy-duty unit are included.

How might the >$1M Smith-Midland (SMID) contract affect the company?

The contract represents a concrete commercial order for data-center infrastructure, with production underway and delivery by early 2026; no specific revenue or margin figures were disclosed.

Does Smith-Midland (SMID) offer custom vault designs for data centers?

Yes, Smith-Midland supplies standard and custom designs for specialized and mission-critical projects like data centers.