Shimmick Corp.
NASDAQCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Ural Yal
- Full Time Employees
- 971
- Sector
- Industrials
- Industry
- Engineering & Construction
- Address
- 530 Technology Drive Irvine CA United States of America 92618
- IPO Date
- Nov 14, 2023
- CIK
- 0001887944
- Website
- shimmick.com
- Similar Companies
- Business
- Shimmick Corporation provides turnkey infrastructure solutions focused on water, energy, climate, and transportation markets primarily in the United States. Its core products and services include heavy and civil construction for water and wastewater treatment facilities; water storage and conveyance systems; dam and reservoir construction and rehabilitation; flood control and irrigation infrastructure; and transportation infrastructure projects such as bridges, transit centers, and bus rapid transit systems. The company serves a diverse customer base including military and federal agencies, municipal water and wastewater districts, irrigation and flood control districts, local and regional transit authorities, public works departments, private developers, utilities, and industrial, commercial, and residential site owners. Founded in 1990 and headquartered in Irvine, California, Shimmick Corporation underwent a significant rebranding from its former name, SCCI National Holdings, Inc., in September 2023. Recent major company changes include the appointment of Ural Yal as Chief Executive Officer in December 2024, following the retirement of Steve Richards, marking a leadership transition aimed at advancing the company’s strategic transformation toward a more capital-efficient business model. In 2024, Shimmick announced the settlement of a longstanding $97 million legal claim related to its Golden Gate Bridge project, signaling the resolution of major legacy issues and facilitating the company’s shift toward growth in the California water and critical infrastructure market. The company also completed a $17 million gain sale-leaseback transaction for its equipment yard in Tracy, California, and decided to upgrade its existing enterprise resource planning (ERP) system to enhance operational efficiency and reduce overhead costs. In 2025, Shimmick continues expanding its project portfolio with notable new contracts such as the Santa Monica Pier Bridge Replacement Project and the Renton Transit Center Project, focusing on resilient, sustainable transportation infrastructure that supports regional growth and environmental goals. These contracts include construction of transit centers, pedestrian infrastructure restoration, and improvements for battery electric bus equipment yards, aligned with advancing sustainable transit initiatives. Shimmick has also invested in its infrastructure market footprint by launching an electrical subsidiary to target energy infrastructure opportunities. Operating primarily in the engineering and construction sector for critical infrastructure, Shimmick maintains a presence across California and the broader U.S. market with a workforce of approximately 1,200 employees. Its operations span public and private sectors, with strategic focus on water treatment, flood control, transportation, and renewable energy infrastructure solutions. The company's recent IPO in November 2023 has underpinned its capital strategy, supporting ongoing transformation and growth initiatives in infrastructure development. Overall, Shimmick Corporation presents a comprehensive infrastructure service offering, combining heavy construction expertise with strategic initiatives in technology and sustainability, positioning it for continued growth in the water, energy, climate, and transportation markets in the United States. Its recent operational milestones and leadership changes underscore a forward-looking transformation toward efficiency and expanded market share.
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