Company Overview

Shimmick Corporation is a U.S.-based infrastructure construction company that provides heavy civil construction services primarily to public-sector clients. The company operates within the infrastructure construction and engineering and construction services industries, focusing on complex projects that support transportation, water, energy, and utility systems. Its revenue is largely driven by long-term construction contracts awarded by government agencies and public utilities.

The company’s primary business lines include large-scale water infrastructure, transportation infrastructure, and energy and power construction projects. Shimmick serves state and local governments, transit authorities, water districts, and utility providers, with a concentration on technically challenging, regulated projects that require specialized expertise. A key strategic advantage is its long-standing experience executing complex, design-intensive projects with stringent safety, environmental, and regulatory requirements.

Shimmick traces its origins to the 1990s as a regional heavy civil contractor and later became part of AECOM through acquisition. In 2023, Shimmick completed a separation from AECOM and became an independent, publicly traded company, allowing it to pursue a focused strategy centered exclusively on heavy civil infrastructure construction in the United States.

Business Operations

Shimmick operates through three primary business segments: Water Infrastructure, Transportation Infrastructure, and Energy and Power. These segments encompass the design, construction, rehabilitation, and expansion of dams, reservoirs, water treatment facilities, tunnels, rail and transit systems, highways, bridges, power plants, and electrical substations. Revenue is generated through fixed-price, cost-plus, and time-and-materials contracts, typically awarded through competitive bidding processes.

Operations are primarily domestic, with substantially all revenue generated within the United States. The company controls specialized construction equipment, project management systems, and engineering capabilities tailored to heavy civil work. Shimmick operates through multiple wholly owned subsidiaries, including Shimmick Construction Company, Inc., which serves as the main operating entity. As of available public disclosures, the company does not rely on material joint ventures for its core revenue base, though project-specific partnerships may be used for large or technically complex contracts.

Strategic Position & Investments

Shimmick’s strategic direction emphasizes disciplined project selection, margin improvement, and backlog quality rather than volume-driven growth. The company prioritizes projects with balanced risk profiles, favorable contract terms, and clients with strong credit characteristics, particularly public agencies. Growth initiatives are focused on expanding its presence in water and transportation markets where long-term public investment trends are supported by federal and state infrastructure funding.

Since becoming independent, Shimmick has not disclosed material transformative acquisitions. Instead, capital allocation has centered on working capital management, balance sheet stabilization, and selective investments in construction technology, safety systems, and project execution capabilities. The company is involved in emerging infrastructure-related areas such as climate resilience, water resource management, and modernization of aging transit and utility systems, where demand is driven by regulatory requirements and public investment programs.

Geographic Footprint

Shimmick’s operations are concentrated in the United States, with a strong presence in California, Texas, Washington, Oregon, and other Western and Southwestern states. The company’s headquarters is located in Irvine, California, which serves as its central administrative and strategic hub. Project offices are established near major construction sites to support localized execution.

While Shimmick does not currently maintain significant international operations, its geographic footprint reflects a broad domestic reach across multiple regions with sustained infrastructure spending. The company’s influence is primarily national rather than global, aligned with its strategy of serving U.S. public-sector infrastructure owners and utilities.

Leadership & Governance

Shimmick is led by an executive team with extensive experience in heavy civil construction and large-scale infrastructure project management. The leadership team emphasizes operational discipline, safety performance, risk management, and long-term client relationships as core elements of its governance and strategic vision. The company operates under a board-led governance structure consistent with U.S. public company standards following its separation from AECOM.

Key executives include:

• Ursula Boylan – President and Chief Executive Officer
• James C. “Jamie” Farris – Executive Vice President and Chief Financial Officer
• Kirk L. Stebbins – Executive Vice President, Water Infrastructure
• Richard C. Roberts – Executive Vice President, Transportation Infrastructure
• John T. Ferris – Executive Vice President, Energy and Power

The leadership philosophy centers on executing complex projects safely and profitably while maintaining strong compliance, transparency, and accountability aligned with public-sector client expectations.