Shimmick Secures More Than $265 Million in Water, Transportation and Energy Infrastructure Awards

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Recent wins strengthen Shimmick's position across water, transportation, energy, industrial and electrical infrastructure while expanding backlogs in key growth markets IRVINE, Calif., July 27, 2026 (GLOBE NEWSWIRE) -- Shimmick Corporation (NASDAQ: SHIM), a leading infrastructure solutions provider, today announced more than $265 million in new project awards across its Water & Industrial and Energy & Infrastructure businesses. The awards expand the Company's backlog and reinforce its position in critical infrastructure markets, spanning flood protection, water treatment, transportation, and electrification. "These awards reflect continued demand for the specialized infrastructure solutions Shimmick delivers across our key end markets," said Ural Yal, President and Chief Executive Officer of Shimmick Corporation. "From flood protection and water treatment to transportation and electrification, they demonstrate the strength of our client relationships, the depth of our technical expertise, and the discipline we bring to pursuing complex infrastructure work." Strengthening Water Infrastructure and Climate Resiliency In Northern California, the Santa Clara Valley Water District (Valley Water) Board of Directors recently approved the award of the $124 million Coyote Creek Flood Protection Project to Shimmick. Shimmick will construct approximately nine miles of flood protection improvements — including floodwalls, berms, and stormwater infrastructure — designed to reduce flood risk and enhance resilience for surrounding communities in San José. In Texas, Shimmick was awarded a $42 million contract for a third segment of the Walnut Creek Wastewater Treatment Plant Expansion Project. The scope includes installation of process equipment and above-ground mechanical piping systems supporting chemical facilities, wet-weather filters, a transfer pump station, a post-aeration blower system, and improvements to existing odor control facilities. The award further strengthens Shimmick's presence in one of the nation's fastest-growing water infrastructure markets. Advancing Sustainable Transportation In Southern California, Shimmick and its electrical construction subsidiary, Axia Electric, were awarded construction contracts under the Los Angeles County Metropolitan Transportation Authority's (LA Metro) North Hollywood to Pasadena Bus Rapid Transit Project. The w...

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