Smith-Midland-South Carolina Producing Architectural Precast For BMW Plant; The Over $2.1 Million Contract For Smith-Midland Will Produce And Install Custom Precast Panels
Portfolio Pulse from Benzinga Newsdesk
Smith-Midland Corporation (NASDAQ:SMID) has secured a $2.1 million contract to produce and install custom precast panels for the BMW Hall 52 Expansion project in Greer, South Carolina. Production will begin later this year, with installation expected to be complete by mid-2024.
June 15, 2023 | 1:03 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Smith-Midland Corporation has won a $2.1 million contract for the BMW Hall 52 Expansion project, which will boost its revenues and strengthen its partnership with BMW.
The $2.1 million contract will have a positive impact on Smith-Midland's revenues and showcase its expertise in producing and installing custom precast panels. This is the third project for the BMW campus expansions, which strengthens the partnership between the two companies and may lead to more opportunities in the future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100