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Stock impact report

Shimmick Preferred Bidder on $81.5 Million in Water and Electrical Projects in Los Angeles Market

Shimmick Corporation (SHIM) 
Company Research Source: GlobeNewswire
IRVINE, Calif., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Shimmick Corporation (Nasdaq: SHIM) ("Shimmick" or the "Company"), a national leader in complex infrastructure solutions, has been named the preferred bidder on two projects in the Los Angeles market, totaling approximately $81.5 million in new work. The projects span water and electrical infrastructure and reflect growing demand for Shimmick's integrated civil and electrical delivery capabilities. "These projects reflect continued investment in essential water and electrical infrastructure that supports long-term resilience," said Ural Yal, Chief Executive Officer of Shimmick. "From advancing shore power to strengthening critical water reclamation facilities, our teams are partnering with public agencies to deliver solutions that improve sustainability and performance while benefiting the communities they serve." Berths 49–51 Outer Harbor Cruise Terminal Development, $61.3 million, Los Angeles, CA This project for the Port of Los Show less Read more
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