Blend the cheese, butter, shortening and salt together on medium low speed in a stand mixer or with a hand mixer.
Add the flour and mix on low to incorporate (the dough will be dry).
Slowly add the water just until the dough comes together in a lump.
Form into a ball and wrap in plastic wrap and refrigerate for an hour.
Preheat oven to 375.
Line a baking sheet with parchment paper.
Flour your work area and roll out the dough very thin (less than 1/8").
Use a pastry cutter to cut into 1" squares and use a skewer or toothpick to put a hole in the center of each.
Transfer to prepared baking sheet.
Bake for 12-15 minutes or until light brown at the edges.
Transfer to a cooling rack and allow to cool.