As a Hawkeye whose proudest accomplishments include his family, business, and community giving, Richard "Dick" Smith has made a lasting impression. As founder and chairman of Agri-Industrial Plastics (AIP), he continues to contribute to organizations that enhance business and life in Iowa and beyond.
Smith was a student leader in ROTC and the Greek system while earning his mechanical engineering degree. While at Iowa, he met his wife, Judy, at an Omicron Delta Kappa/Mortar Board dinner. She graduated in 1961 with a bachelor’s degree in education. Their 63-year marriage has served as the foundation for Dick’s business success and commitment to giving back.
He served in Korea before launching his career in plastic manufacturing. He founded AIP in Fairfield, Iowa, started a family, and found a myriad of opportunities to support his community and alma mater.
As leader of AIP for 37 years, Smith drove innovations that favored sustainable practices in engineering and manufacturing. Today, he remains active professionally and in the company’s community involvements. When AIP pledged $100,000 to support a local childcare facility in 2021, Smith championed the center, which opened in 2023.
Smith considers giving back a privilege. His leadership has benefited the Fairfield Area Chamber of Commerce, Fairfield Economic Development Association, and business and manufacturing groups. He donates to everything from his family’s church and school district to Habitat for Humanity and UI cancer research. His honors include the Fairfield Entrepreneurial Award, the Legends Award in Manufacturing from Iowa Association of Business and Industry, and the Society of Plastic Engineers Lifetime Achievement Award.
Smith and his wife have attended many Hawkeye football and basketball games, including two Rose Bowls 60 years apart. Long-time donors to the UI College of Engineering and medical research initiatives, their generosity has been appreciated at Iowa for nearly six decades.