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Shimmick Construction Company, Inc (SCCI)

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Last Post: 1/12/2016 3:06:45 PM - Followers: 0 - Board type: Free - Posts Today: 0

Shimmick Construction Company,Inc


We are a leading heavy civil construction company offering general construction, construction management, and design-build services to federal, state, and local public agencies and private customers in California and the Western United States. We possess the in-house capabilities necessary to self-perform nearly all aspects of heavy civil construction — structural, foundations, utilities, mechanical, and electrical — which enables us to compete for large, technical projects and differentiates us from many of our competitors. Since our present executive team assumed leadership in 2001, we and our joint venture partners have been awarded over $5 billion worth of complex critical public infrastructure projects, including bridges, water/wastewater treatment facilities, dams, transit & rail, highways & roadways, ports, and airports. The portion of these projects allocable to us was over $3.4 billion. Since 2001, we have achieved a revenue compound annual growth rate (CAGR) of approximately 18.0%. Prior to this offering, our growth has been predominantly funded by retained earnings. Several long-term trends in our geographic markets, including population growth and the deterioration of existing infrastructure, have resulted in a renewed focus on infrastructure development and funding in California and the Western states. As a result of our growth and this renewed focus, the number and size of contracts in our bidding pipeline has significantly increased. While the competitive environment is impacted by a number of factors outside of our control, such as the general business climate and the amount of contracts being offered, as of November 15, 2015, we and our joint venture partners had a project pipeline of approximately $12 billion, of which we and our joint venture partners were actively engaged in bidding approximately $4 billion. The portion of such amounts allocable to us was approximately $8.3 billion and $2.2 billion, respectively. We believe that we are ideally positioned to benefit from increased investment now and in the future.


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SCCI News: Securities Registration (section 12(b)) (8-a12b) 01/12/2016 02:24:43 PM
#4   GO SCCI!!! MagicMarvin 01/12/16 03:06:45 PM
#3   Welcome to IHUB. MagicMarvin 01/12/16 03:03:39 PM
#2   Here is a board for SCCI. MagicMarvin 01/12/16 03:02:54 PM
#1   Hello SCCI. MagicMarvin 01/12/16 03:00:42 PM