Shimmick Receives $27.6M Subcontract For Sunol Valley Water Treatment Plant Ozonation Project
Portfolio Pulse from Benzinga Newsdesk
Shimmick has been awarded a $27.6 million subcontract for the Sunol Valley Water Treatment Plant Ozonation Project. This project is expected to enhance water treatment capabilities and improve water quality.
July 16, 2024 | 8:06 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Shimmick has secured a $27.6 million subcontract for the Sunol Valley Water Treatment Plant Ozonation Project, which is expected to enhance water treatment capabilities and improve water quality.
The $27.6 million subcontract is a significant addition to Shimmick's project portfolio, likely boosting its revenue and showcasing its expertise in water treatment projects. This positive development is expected to have a favorable short-term impact on Shimmick's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100