About Fred Smith Company
Our Purpose
Since 1927, we’ve been dedicated to delivering excellence and safety in everything we do. But our true impact lies beyond our projects—we’re passionate about enriching the lives of our employees, building lasting connections, and opening doors to new opportunities.
Who We Are
For nearly a century, we haven’t just built roads and bridges; we’ve built connections within our community. Whether you’re driving to work, taking a trip, or walking through a school campus, you’re experiencing the dedication and expertise we’ve poured into every project. From roadways and runways to bridges and educational foundations, our work is all around you.
We approach each job with a commitment to safety and reliability because we’re focused on shaping a stronger future for our communities.
Core Values
SAFETY
We value the Safety of our Builders first in all we seek to build and accomplish.
RESPECT
We believe in showing Respect for all by valuing each Builder as a person of worth, and by serving each Customer with Integrity.
DISCIPLINE
We strive to operate with Discipline to achieve Excellence for our customers, partners, and families.
OPPORTUNITY
We seek to provide Opportunities for growth and advancement for our Builders and their families.
FAMILY
We seek to strengthen our families through our policies, benefits, and a balanced, sustainable operation.
FAITH
We seek to serve God in all our endeavors as a company.
Our Company History
1927
C.C. Mangum was founded by Cleve and Callie Mangum
1953
Bill Mangum becomes CEO of C.C. Mangum Company
1962
C.C. Mangum Company builds first asphalt plant
1972
C.C. Mangum Company builds second asphalt plant
2004
Fred Smith becomes CEO of C.C. Mangum Company
2009
The Smith family acquires C.C. Mangum Company and rebrands it as Fred Smith Company
2011
Construction Partners, Inc. (CPI) acquires Fred Smith Company and adds two additional asphalt plants located in the Triangle
2020
Fred Smith Company acquires Riley Paving, Rose Brothers Paving, Gelder & Associates, and R.P.C. Contracting - adding nine additional asphalt plants
2021
Fred Smith Company acquires PLT Construction
2022
Fred Smith Company acquires Southern Asphalt
2024
Fred Smith Company acquires Hudson Paving and has expanded to 17 asphalt plants and over 1,200 employees - offering meaningful careers throughout North Carolina
Our Leadership
Part of a Larger Network with CPI
Construction Partners, Inc. (CPI) is one of the fastest-growing civil infrastructure businesses in the US and has a proven track record of strategically leading other companies to succeed.
King Asphalt is able to keep day-to-day decision-making in the hands of our local management teams while gaining insight from CPI leadership. Additionally, we’re part of a larger network of construction companies that offer meaningful employment opportunities across the southeast.
Click the logos below to explore our family of companies.
Florida
Alabama / Tennessee
Georgia
North Carolina
North Carolina
South Carolina
PROTECTING OUR PEOPLE
At the heart of our culture is a commitment to safety. We prioritize the well-being of our employees above all else. From rigorous safety training to detailed Job Safety Analysis, we are dedicated to safeguarding our team members and everyone passing through our project sites. Our ultimate priority is ensuring that everyone returns home safely every day.
Building Sustainably
For over 50 years, Fred Smith Company has been dedicated to tackling complex projects and making a tangible impact by connecting people through reliable roads. Our teams uphold a legacy of excellence through sustainable infrastructure solutions. Building with the future in mind, we employ cutting-edge technologies and innovative building practices to ensure our projects are durable and environmentally responsible.
Building Sustainably
For over 50 years, Fred Smith Company has been dedicated to tackling complex projects and making a tangible impact by connecting people through reliable roads. Our teams uphold a legacy of excellence through sustainable infrastructure solutions. Building with the future in mind, we employ cutting-edge technologies and innovative building practices to ensure our projects are durable and environmentally responsible.
Our Latest News
Fred Smith Company Progress on Chatham Parkway Developments
At Fred Smith Company, we take immense pride in our role as a leader in the construction industry. Our latest ventures in Pittsboro reflect our commitment to excellence and community development. We are currently spearheading three major projects that highlight our...
Fred Smith Company Installing a Turn Lane on US 70
Fred Smith Company is excited to share details about our latest project for the North Carolina Department of Transportation (NCDOT): the Johnston County Turn Lane on US 70! At Fred Smith Company, we continuously strive to improve infrastructure and enhance safety...
Fred Smith Company Upgrades Greenville Plant
Fred Smith Company is excited to announce major upgrades at our Greenville plant, which include the installation of a new silo, baghouse, and drum. These enhancements are designed to optimize our plant’s performance, ensuring smoother operations and fewer...