Shimmick's New Infrastructure Contracts
Shimmick Corporation, a recognized leader in infrastructure solutions, has been named the preferred bidder on four substantial contracts amounting to approximately $156 million. These projects include a significant electrical component valued at $47 million. The company’s competitive edge lies in its ability to deliver integrated solutions encompassing civil, mechanical, and electrical tasks.
Growing Demand for Infrastructure Solutions
Ural Yal, the CEO of Shimmick, expressed pride in the company’s growing role in enhancing essential infrastructure systems. "These projects underscore the confidence our clients continue to place in Shimmick's ability to deliver complex infrastructure solutions," he stated. The upcoming initiatives align with the company's strategic growth in the water and electrical sectors, responding to the increasing demand for reliable infrastructure services.
Details of Key Projects
River Trunk Realignment Project
This $116 million project aims to upgrade wastewater infrastructure for the City of Modesto by rerouting sanitary sewer flows. The key tasks include constructing a pump station capable of handling 40 million gallons per day and installing several sewer force main gravity lines.
OC San J-98 Power Distribution Improvements
Valued at $24 million, this project focuses on upgrading the electrical distribution systems for two wastewater treatment facilities under the Orange County Sanitation District. Enhancements will include switchgear replacement, new SCADA integration, and load shedding systems, improving operational reliability.
RD1001 Auxiliary Pump Station
The construction of an $8 million dual-level pump station for Reclamation District 1001 will enhance water management systems. This project features two vertical turbine pumps and necessary infrastructure modifications along the Natomas Cross Canal North Levee.
Perris Valley RWRF Aeration Basin Rehabilitation
This project, which is set at $8 million, focuses on the rehabilitation of aeration basins at the Perris Valley Regional Water Reclamation Facility. The scope involves replacing outdated pipelines and upgrading control systems, ensuring efficient wastewater processing.
About Shimmick Corporation
Shimmick Corporation (NASDAQ: SHIM) excels in providing turnkey infrastructure solutions that bolster markets across water, energy, and sustainable transportation. With over a century of experience, Shimmick combines technical expertise with innovative project delivery methods, helping to address some of today's most complex challenges. Together with its electrical subsidiary Axia Electric, Shimmick continues to expand its presence and impact in the infrastructure sector.
Contact Information
For inquiries, the Investor Relations department can be reached at 1-949-704-2350, or you can contact them via email. Media inquiries can be directed to Tonya Sandman, Director of Marketing & Communications.
Frequently Asked Questions
What types of contracts has Shimmick been awarded?
Shimmick has been awarded contracts focused on wastewater infrastructure upgrades and electrical system enhancements.
What is the total value of the contracts?
The total value of the awarded contracts is approximately $156 million.
Who is the CEO of Shimmick Corporation?
Ural Yal is currently the CEO of Shimmick Corporation.
What is Shimmick's primary area of expertise?
Shimmick specializes in delivering infrastructure solutions in water, energy, and sustainable transportation.
How can I get in touch with Shimmick for investor relations?
You can contact Shimmick’s Investor Relations at 1-949-704-2350.
