News > SlenderWall® News > Press Releases
May 28, 2004
Smith-Midland to Install SlenderWall on New Luxury Apartment Building in Downtown Washington, DC
MIDLAND, Va. – Smith-Midland
Corporation (OTC BB, Boston Stock Exchange: SMID, SMID) announced today
that it has been awarded a $2,348,000 SlenderWall contract by JPI Apartment
Development for the Jefferson at Logan Circle. The project is a 10-story
luxury rental apartment building now under construction in Washington,
DC at 1301 M Street, NW. The SlenderWall system panels are scheduled
to be produced starting June 2004 and installation of the panels is
expected to begin in January 2005.
According to the owner/contractor, JPI Apartment Development, SlenderWall saves
them 3-months of construction time on the entire project because of the quick
installation process. SlenderWall panels are in place much faster than hand-laid
brick. By enclosing the building faster, they can start installing windows and
finishing the interior sooner. The owner will also save money because the building
will not need to be heated while setting the SlenderWall panels
as it would need to be for hand-laid brick.
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 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.
Media Inquiries:
Marti Cameron
media@easiset.com
Licensing Inquiries:
info@easiset.com
