SMG Industries Inc. reported that Mr. Jeffrey Martini has agreed to join effective immediately in the role of Chief Executive Officer. Further, it reported that Mr. Matthew Flemming, former Chief Executive Officer, is assuming the role of Chief Business Development Officer. Mr. Martini is an accomplished executive, having served as a senior operations and finance leader in several different businesses over the last 20 years. He has been a part of larger, publicly held organizations, as well as middle-market and startup companies. He began his career in the pulp and paper industry in a series of cost accounting and financial reporting roles, eventually establishing a base in Houston serving the oil and gas industry. Previously, he served as an executive officer of Stewart & Stevenson Services Inc. Mr. Flemming will remain an executive officer of the Company and will be responsible for business development, commercial rationalization, and capital market management.
SMG Industries Inc. is a transportation services company, which is focused on the domestic logistics market. The Company's primary business objective is to grow its operations and create value for its stockholders through organic growth and strategic acquisitions. Its operating subsidiaries include 5J Trucking LLC, 5J Oilfield Services LLC, 5J Specialized LLC, 5J Transportation LLC and 5J Logistics Services LLC. The Companyâs provides a range of services in transportation, such as transporting infrastructure components, including bridge beams and power generation transformers; transporting wind energy components; heavy haul of production equipment, heat exchangers, coolers, construction equipment, refinery components; super heavy haul over-dimensional permit-required loads up to 500 thousand pounds for engineered projects; transportation of natural gas compressors; flatbed freight; drilling rig relocation for drilling contractors and oil and gas operators; and freight brokerage.