Latest news with #environmentalrestoration
Yahoo
2 days ago
- Business
- Yahoo
Shimmick Awarded $51 Million Contract for Bellota Weir Modifications in Stockton, California
Project advances regional water resilience and environmental restoration efforts IRVINE, Calif., July 22, 2025 (GLOBE NEWSWIRE) -- Shimmick Corporation ('Shimmick' or the 'Company') (Nasdaq: SHIM), a national leader in complex infrastructure solutions, has been awarded a $51 million contract by the Stockton East Water District (SEWD) for the Bellota Weir Modifications project in Stockton, California. The project includes the construction of a new inflatable Obermeyer gate weir across Mormon Slough, a surface water intake with cylindrical fish screens, a vertical slot fish ladder featuring lamprey ramps, and a gravity flow conveyance system comprising multiple 54-inch pipelines. Additional features include a fish exclusion embankment, a low-permeability cutoff wall in the Old Calaveras River, and site improvements designed to support groundwater recharge, water quality, and ecological restoration in the region. Located approximately 17 miles downstream of New Hogan Dam, the project is a key component of SEWD's long-term strategy to improve water reliability while enhancing fish habitat on the Calaveras River. The upgrades align with the district's Calaveras River Habitat Conservation Plan and support compliance with state and federal mandates to protect threatened species, including Central Valley steelhead and Chinook salmon. 'The Bellota Weir project exemplifies how infrastructure can serve both people and the environment,' said Ural Yal, CEO of Shimmick. 'By combining advanced water conveyance with ecological safeguards, we're helping shape the future of water management in California. We're proud to partner with SEWD on a project that delivers lasting benefits for both communities and ecosystems across the region.' Construction is expected to commence in 2025, following the completion of final permitting and preconstruction activities. About ShimmickShimmick Corporation (NASDAQ: SHIM) is an industry leader in delivering turnkey infrastructure solutions that strengthen critical markets across water, energy, climate resiliency, and sustainable transportation. We integrate technical excellence with collaborative project delivery methods to provide innovative, technology-driven infrastructure solutions that accelerate economic growth and empower communities nationwide. With a track record that spans over a century, Shimmick, headquartered in California, unites deep engineering heritage with entrepreneurial spirit to tackle today's most complex infrastructure challenges. For more information, visit Investor Relations:IR@ Media Contact:Tonya
Yahoo
17-07-2025
- Business
- Yahoo
Nestle, Barry Callebaut, re.green to restore areas in Brazil's cocoa, coffee regions
By Gabriel Araujo SAO PAULO (Reuters) -Nestle announced on Thursday environmental restoration projects in partnership with reforestation startup and chocolatier Barry Callebaut in Brazil, seeking to plant millions of trees in areas where it sources key ingredients. WHY IT'S IMPORTANT The initiative is part of a wave of corporate investments scaling up Brazil's reforestation industry and aligns with Nestle's goal to become net zero by 2050, while restoring ecosystems in areas critical for cocoa and coffee production. BY THE NUMBERS The companies said the two separate projects will plant 11 million trees across 8,000 hectares (19,768 acres). The project, designed to span 30 years, involves planting 3.3 million trees of native species from Brazil's coastal Atlantic rainforest in the northeastern state of Bahia. It is expected to generate 880,000 carbon credits. The separate partnership with Barry Callebaut seeks to restore 6,000 hectares in the states of Bahia and Para, most of which will be converted into agroforestry systems with cocoa. KEY QUOTES "These projects will support our decarbonization targets, but our sustainability strategy goes beyond carbon removal," Nestle Brasil's Business Transformation and ESG director Barbara Sapunar said. "We want to regenerate areas in regions where we source ingredients. Environmental restoration increases the resilience of supply chains," she added. CEO Thiago Picolo said the initiatives showcase how companies can go beyond carbon offsetting and invest in restoring landscapes tied to their supply chains. ADDITIONAL CONTEXT Brazil is the world's largest coffee producer and exporter, as well as the world's fifth-largest chocolate market. Nestle will fully fund the project and cover 60% of costs for the Barry Callebaut initiative, it said. They are part of the company's broader goal of planting 200 million trees by 2030 in regions where it sources ingredients such as coffee, cocoa and milk. is backed by Brazilian billionaire Joao Moreira Salles and asset manager Gavea, founded by former Brazilian central bank governor Arminio Fraga. Swiss-based Barry Callebaut is the world's top chocolatier. Error al recuperar los datos Inicia sesión para acceder a tu cartera de valores Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos
Reuters
17-07-2025
- Business
- Reuters
Nestle, Barry Callebaut, re.green to restore areas in Brazil's cocoa, coffee regions
SAO PAULO, July 17 (Reuters) - Nestle (NESN.S), opens new tab announced on Thursday environmental restoration projects in partnership with reforestation startup and chocolatier Barry Callebaut (BARN.S), opens new tab in Brazil, seeking to plant millions of trees in areas where it sources key ingredients. The initiative is part of a wave of corporate investments scaling up Brazil's reforestation industry and aligns with Nestle's goal to become net zero by 2050, while restoring ecosystems in areas critical for cocoa and coffee production. The companies said the two separate projects will plant 11 million trees across 8,000 hectares (19,768 acres). The project, designed to span 30 years, involves planting 3.3 million trees of native species from Brazil's coastal Atlantic rainforest in the northeastern state of Bahia. It is expected to generate 880,000 carbon credits. The separate partnership with Barry Callebaut seeks to restore 6,000 hectares in the states of Bahia and Para, most of which will be converted into agroforestry systems with cocoa. "These projects will support our decarbonization targets, but our sustainability strategy goes beyond carbon removal," Nestle Brasil's Business Transformation and ESG director Barbara Sapunar said. "We want to regenerate areas in regions where we source ingredients. Environmental restoration increases the resilience of supply chains," she added. CEO Thiago Picolo said the initiatives showcase how companies can go beyond carbon offsetting and invest in restoring landscapes tied to their supply chains. Brazil is the world's largest coffee producer and exporter, as well as the world's fifth-largest chocolate market. Nestle will fully fund the project and cover 60% of costs for the Barry Callebaut initiative, it said. They are part of the company's broader goal of planting 200 million trees by 2030 in regions where it sources ingredients such as coffee, cocoa and milk. is backed by Brazilian billionaire Joao Moreira Salles and asset manager Gavea, founded by former Brazilian central bank governor Arminio Fraga. Swiss-based Barry Callebaut is the world's top chocolatier.
Yahoo
17-07-2025
- Business
- Yahoo
Nestle, Barry Callebaut, re.green to restore areas in Brazil's cocoa, coffee regions
By Gabriel Araujo SAO PAULO (Reuters) -Nestle announced on Thursday environmental restoration projects in partnership with reforestation startup and chocolatier Barry Callebaut in Brazil, seeking to plant millions of trees in areas where it sources key ingredients. WHY IT'S IMPORTANT The initiative is part of a wave of corporate investments scaling up Brazil's reforestation industry and aligns with Nestle's goal to become net zero by 2050, while restoring ecosystems in areas critical for cocoa and coffee production. BY THE NUMBERS The companies said the two separate projects will plant 11 million trees across 8,000 hectares (19,768 acres). The project, designed to span 30 years, involves planting 3.3 million trees of native species from Brazil's coastal Atlantic rainforest in the northeastern state of Bahia. It is expected to generate 880,000 carbon credits. The separate partnership with Barry Callebaut seeks to restore 6,000 hectares in the states of Bahia and Para, most of which will be converted into agroforestry systems with cocoa. KEY QUOTES "These projects will support our decarbonization targets, but our sustainability strategy goes beyond carbon removal," Nestle Brasil's Business Transformation and ESG director Barbara Sapunar said. "We want to regenerate areas in regions where we source ingredients. Environmental restoration increases the resilience of supply chains," she added. CEO Thiago Picolo said the initiatives showcase how companies can go beyond carbon offsetting and invest in restoring landscapes tied to their supply chains. ADDITIONAL CONTEXT Brazil is the world's largest coffee producer and exporter, as well as the world's fifth-largest chocolate market. Nestle will fully fund the project and cover 60% of costs for the Barry Callebaut initiative, it said. They are part of the company's broader goal of planting 200 million trees by 2030 in regions where it sources ingredients such as coffee, cocoa and milk. is backed by Brazilian billionaire Joao Moreira Salles and asset manager Gavea, founded by former Brazilian central bank governor Arminio Fraga. Swiss-based Barry Callebaut is the world's top chocolatier.
Entrepreneur
02-07-2025
- Business
- Entrepreneur
Tamil Nadu Launches INR 50 Cr Project to Restore Kariyachalli Island in Climate Fight
The project is part of the World Bank-backed SHORE (Sustainably Harnessing Ocean Resources) programme and is led by the state's Department of Environment, Climate Change and Forests. Key partners include IIT Madras and the Suganthi Devadason Marine Research Institute. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. In a major step to tackle climate-driven coastal erosion, the Tamil Nadu government has launched an INR 50 crore initiative to restore Kariyachalli Island in the Gulf of Mannar. The island, part of the Gulf of Mannar Marine National Park, has shrunk by over 70% since 1969—from more than 21 hectares to under six. Experts warn it could disappear entirely by 2036 if no action is taken. The project is part of the World Bank-backed SHORE (Sustainably Harnessing Ocean Resources) programme and is led by the state's Department of Environment, Climate Change and Forests. Key partners include IIT Madras and the Suganthi Devadason Marine Research Institute. A total of 8,500 specially engineered artificial reef blocks made of ferrocement and steel will be placed around the island. These structures are designed to absorb wave energy, trap sediments, and support marine biodiversity by creating new habitats. Importantly, the initiative involves local fishing communities. Over 300 fishers from Tuticorin are being trained as conservation divers, giving them new livelihood options in marine restoration and eco-tourism. Supriya Sahu, Additional Chief Secretary of the Environment Department, called the project "a rare confluence of climate adaptation, conservation and community engagement," highlighting its role in strengthening the coastal resilience of Tuticorin and Rameswaram. This effort is part of the broader INR 1,675 crore Tamil Nadu Coastal Restoration Mission, which spans 14 districts and focuses on protecting ecologically vital coastal zones. The project also includes coral and seagrass restoration, making it a model of inclusive and science-driven climate action.
