Shimmick Secures Preferred Bidder Status for $156 Million Contracts
Shimmick Corporation's New Contracts Highlight Infrastructure Innovation
Shimmick Corporation (NASDAQ: SHIM), a renowned leader in infrastructure solutions, has recently been recognized as the preferred bidder for a total of approximately $156 million in new contracts. This impressive sum includes $47 million specifically designated for electrical work. Anticipated to commence in the third quarter, these projects underscore the rising demand for Shimmick’s comprehensive delivery solutions that span civil, mechanical, and electrical fields.
Focus on Water and Electrical Infrastructure
Ural Yal, CEO of Shimmick Corporation, expressed pride in the company’s role in enhancing critical infrastructure systems. 'These projects underscore the confidence our clients continue to place in Shimmick’s ability to deliver complex infrastructure solutions,' Yal stated. The projects focus on revitalizing California’s water and electrical infrastructure, ensuring communities benefit from reliable services designed to meet contemporary needs.
Key Projects Overview
River Trunk Realignment Project
One of the notable projects is the River Trunk Realignment for the City of Modesto, valued at $116 million. This crucial initiative will upgrade wastewater infrastructure by realigning sanitary sewer flows from the River Trunk Pipeline near the Gallo Winery property to the Sutter Avenue Primary Treatment Facility. The construction involves installing a pump station capable of handling 40 million gallons per day and multiple sewer force main gravity lines, significantly enhancing the region's sanitation capabilities.
OC San J-98 Power Distribution Enhancements
Another project, the OC San J-98 Power Distribution System Improvements at a cost of $24 million, will modernize electrical distribution systems at two wastewater treatment facilities operated by the Orange County Sanitation District. Key improvements will include switchgear replacement, SCADA integration for better monitoring, protective relay installations, and enhancements to operational safety and reliability.
Auxiliary Pump Station Development
The RD1001 Auxiliary Pump Station, worth $8 million, focuses on creating a dual-level steel-frame pump station for Reclamation District 1001 along the Natomas Cross Canal North Levee. This project will feature the installation of two vertical turbine pumps alongside discharge piping and necessary structural enhancements.
Aeration Basin and Diffuser Improvements
Another $8 million project entails the rehabilitation of aeration basins at the Perris Valley Regional Water Reclamation Facility. Spearheaded by the Eastern Municipal Water District, this initiative includes replacing outdated stainless-steel pipelines and implementing new tubular diffusers, actuated valves, flowmeters, and control system upgrades to ensure efficient operations.
Mission and Vision of Shimmick Corporation
Shimmick Corporation (NASDAQ: SHIM) is deeply committed to delivering total infrastructure solutions that address vital areas such as water, energy, climate resilience, and sustainable transportation. The company blends technical proficiency with collaborative project delivery methods, creating innovative, technology-driven solutions that stimulate economic growth and uplift communities throughout the country.
With over a century of excellence in engineering and project delivery, Shimmick, along with its subsidiary Axia Electric, stands poised to tackle the most intricate infrastructure challenges faced by today’s society.
Frequently Asked Questions
What projects has Shimmick recently been awarded?
Shimmick has secured four new infrastructure contracts totaling approximately $156 million, focused primarily on water and electrical infrastructure updates.
How much is the River Trunk Realignment project worth?
The River Trunk Realignment project for the City of Modesto is valued at $116 million.
What improvements are being made to the OC San J-98 power system?
The OC San J-98 project will replace and modernize electrical distribution systems, enhancing safety and reliability across two wastewater treatment plants.
What is the significance of Shimmick's recent contracts?
These contracts signify Shimmick's growing role as a preferred leader in infrastructure solutions and showcase the company's ability to meet high demand in critical sectors.
How does Shimmick Corporation contribute to the community?
Shimmick Corporation aims to strengthen essential infrastructure systems, ensuring reliable services that benefit communities and support economic growth.
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