Shimmick Selected for $78 Million New Contracts in California, Washington-January 2024-www.financetom.com

Shimmick Selected for $78 Million New Contracts in California, Washington

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Shimmick Selected for $78 Million New Contracts in California, Washington

Sep 16, 2025 6:43 AM

09:27 AM EDT, 09/16/2025 (MT Newswires) -- Shimmick ( SHIM ) said Tuesday it has been selected for award on two new contracts with a combined value of about $78 million for transportation projects in California and Washington.

The company said it was selected for the $29.6 million Santa Monica Pier bridge replacement project, for which work is slated to start in Q4 and take 22 months.

Shimmick ( SHIM ) added that it was also selected for a $48.2 million contract by Sound Transit for the Renton Transit Center and roadway improvements project in Renton, Washington.

The company's shares were up nearly 4% in recent premarket activity Tuesday.

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