TRC

Recent News & Press Releases

Press Release

TRC Recognized for Sustainability Achievements by the American Public Transportation Association

Receives Bronze certification for processes and actions

LOWELL, MA – 8/17/15TRC Companies, Inc. (NYSE: TRR) today announced it has been recognized by the American Public Transportation Association (APTA) for its outstanding sustainability achievements. The honor is based on TRC’s commitment to the specific criteria of the APTA sustainability commitment program, including implementing processes and actions that continuously improve environmental, social and economic sustainability. TRC received Bronze level recognition during APTA’s Sustainability and Public Transportation Workshop on August 3, 2015.

“At TRC, sustainability is a fundamental principle that drives our business,” said Chris Vincze, Chairman and Chief Executive Officer. “While improving the sustainability of our own operations is important, integrating sustainable solutions into the services we provide and the projects we deliver to clients positively impacts their operations and bottom lines and is our unique opportunity to address pressing global issues in a powerful way.”

APTA recognizes public transit agencies and businesses for their actions related to several core sustainability principles. TRC’s Bronze level recognition is a result of ongoing commitments to: making sustainability a part of the Company’s strategic objectives; identification of an internal sustainability champion coupled with human and/or financial resources and mandates; establishing an employee engagement program; and setting sustainability targets and objectives related to energy use, GHG emissions, waste and recycling.

TRC’s impact on the sustainability of the transit industry includes providing energy efficiency program design and implementation services. Nationwide, and across industries, these programs have collectively reduced thousands of greenhouse gases. As an example, the annual lifetime emissions savings from one TRC-managed statewide efficiency program equates to approximately: 1.54 million lifetime tons or 269,054 average cars at 12,500 miles; 1.70 million acres of carbon offset per year from pine trees, or a pine tree forest the size of Delaware.

To learn more about TRC’s sustainability commitment and results, please read our 2014 Sustainability Report, prepared in accordance with the Global Reporting Index (GRI) G4 framework.

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Press Release

TRC Joins Russell 2000(R) Index

LOWELL, MA – 8/10/15TRC Companies, Inc. (NYSE: TRR) today announced that the Company has been added to the Russell 2000 Index.

"We are excited to be added to the Russell 2000 Index," said Tom Bennet, Chief Financial Officer. "Inclusion in the Russell Index is a testament to our profitable growth and will enhance our visibility in the investment community."

The Russell 2000 Index reflects the performance of U.S. small-cap companies. The Russell 2000 is a comprehensive and unbiased small-cap indicator. It is reconstituted annually to ensure that it is not distorted by larger stocks.

Russell indexes are widely used by investment managers and institutional investors and as benchmarks for investment strategies.

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Press Release

TRC Names Mark Hall Vice President of Power Development

LOWELL, MA – 8/4/15TRC Companies, Inc. (NYSE: TRR) announced today that Mark Hall has joined as Vice President of Power Development. In this role, he will lead the strategic growth of the Company’s engineering, environmental and infrastructure services within the power generation and renewable energy market sectors to develop new business opportunities and deliver creative solutions to clients.

“With more than 25 years of generation industry experience, Mark’s knowledge and relationships will create value for our Company and our clients,” said TRC’s Chief Marketing Officer Todd Williams. “Throughout his career, Mark has been actively involved in navigating the industry through changes and challenges related to the way electricity is produced. We look forward to his contributions to the success of our Power Development Initiative.”

“TRC has served the electric generation industry for more than 40 years with engineering and environmental support,” said Hall. “I look forward to growing TRC’s generation- and power production-related businesses, building relationships with clients and expanding TRC’s service portfolio to meet the ever-changing needs of the industry.”

Prior to joining TRC, Hall was Executive Vice President and Chief Environmental Officer for Lakeside Energy LLC, where he was responsible for evaluating risk and value creation opportunities for new and existing business ventures, including a portfolio of three power plants, a solid waste-to-fuel business and a gasification technology company. He also managed environmental and regulatory diligence for numerous acquisition opportunities.

Hall’s range of experiences and responsibilities includes corporate business development, operations planning, environmental risk and compliance due diligence, environmental, health and safety, public policy, marketing, communications and legislative and regulatory advocacy. Previously, he served in leadership positions for a number of energy companies, including Primary Energy Ventures LLC and Trigen Energy Corporation.

Hall was a co-founder of the U.S. Combined Heat and Power Association while at Trigen and has been an active member of several industry associations that work with federal, state and local legislators, regulators and related stakeholders in the areas of energy and environmental policy. He has a Bachelor of Arts degree in Chemistry from Austin College in Sherman, Texas and a Master of Science degree in Environmental Science from Indiana University’s School of Public and Environmental Affairs in Bloomington, Indiana.


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Press Release

TRC Announces New Website Launch

Redesigned Site Features Enhanced Project Library, Video and Regulatory Updates

LOWELL, MA – 7/21/15TRC Companies, Inc. (NYSE: TRR) today announced the launch of its new website designed to offer an enhanced, user-friendly experience, with improved navigation and functionality throughout. Visitors can easily access detailed project information, video highlights of innovative engineering approaches and educational resources including regulatory updates. The site was developed with input from clients and includes a comprehensive investor section with updated company news, financial and stock information, SEC filings and corporate governance information.

"TRC's new website showcases our dedication to client service, our expertise and our creativity," said Chris Vincze, TRC Chairman and Chief Executive Officer. "We invite our customers, partners and investors to visit the site and learn more about how we can help them solve some of their most complex energy, environmental and infrastructure challenges."

The new website provides a detailed overview of TRC's capabilities across a range of industries including Power, Oil and Gas, and Transportation, with richer online content that is easier to navigate and share with others. Visit the new site at www.trcsolutions.com.

About TRC
A pioneer in groundbreaking scientific and engineering developments since the 1960s, TRC is a national engineering, environmental consulting and construction management firm that provides integrated services to the energy, environmental and infrastructure markets. TRC serves a broad range of clients in government and industry, implementing complex projects from initial concept to delivery and operation. TRC delivers results that enable clients to achieve success in a complex and changing world. For more information and updates from the Company, visit TRC's website at http://www.trcsolutions.com and follow TRC on Twitter and StockTwits at @TRC_Companies and on LinkedIn.

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Press Release

TRC Partners with "e" inc. to Support Environmental Science Education in Boston

Sponsors STEM Curriculum Initiative at Dorchester’s Mather Elementary School

LOWELL, MA – 7/17/15TRC Companies, Inc. (NYSE: TRR) is proud to announce its partnership with “e” inc., a Boston-based environmental science education nonprofit that promotes science, technology, engineering and math (STEM) education and sustainability for K-8 students. TRC is supporting “e” inc.’s Kids Green Their School initiative at Mather Elementary School in Dorchester. The innovative science education program teaches students about conservation through a Zero Waste curriculum. TRC will also lead the voluntary Science Day at Mather Elementary School on June 17, 2015.

“TRC is committed to supporting the communities where we live and work,” said Chris Vincze, Chairman and Chief Executive Officer. “Organizations like “e” inc. and the initiatives they spearhead help inspire the next generation of scientists and engineers, and we are proud to give our resources to support them.”

TRC has created the program “So You Want to be an Environmental Scientist?” for the Mather Science Day. As part of the program, TRC employees will provide students with hands-on environmental science and sustainability activities that will expose them to STEM careers and environmental conservation.

“The “e” inc. partnership with TRC has been delightful,” said Dr. Ricky S. Stern, Executive Director. “We are teaching children in all grades about the science of energy and how they can conserve it at their school. With those ideas, TRC is helping the students really experience the science and learn what it’s like to make positive changes for our planet. The match between what TRC does day to day and the work of "e" inc. is perfect.”

TRC’s sponsorship of the Mather Kids Green Their School program includes a year-long commitment to science education with student-led action and conservation activities that will help the school become greener. The ongoing Mather project will help the school reduce waste. The initiative has introduced a double-sided paper program in every classroom that will reduce paper use by up to 30%; composting of the school’s kitchen waste to be utilized for the school garden; and a food re-use program that sets aside whole foods not used at lunch for anyone who wants food after school or to take home. The curriculum will be an ongoing program provided to the school through the 2015-2016 school year starting in August.

About “e” inc.

"e" inc. is an environment science learning and action center whose pairing of science education with community action leads to environmental change in urban communities. Its mission is to create dynamic environmental citizens committed to understanding and protecting the Earth. “e” inc. fulfills this mission by inspiring science competency and developing capable and confident individuals able to take immediate and sustained action to protect the planet. “e” inc. believes that determined young people, along with their care-givers and families, can change the shape of the global future through the use of knowledge and action. www.einc-action.org

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Press Release

Kathleen M. Shanahan Appointed to TRC's Board of Directors

LOWELL, MA -- (Marketwired) -- 06/01/15 -- TRC Companies, Inc. (NYSE: TRR) announced today that Kathleen M. Shanahan, 55, has been appointed to its Board of Directors. Ms. Shanahan is Chair and Chief Executive Officer of URETEK Holdings, Inc., aFlorida-based geotechnical company.

"We are excited to welcome Kathleen to TRC's Board," said Chris Vincze, TRC's Chairman and Chief Executive Officer. "She has a proven track record as a leader in our industry and also has a breadth of experience on government and public policy issues."

Ms. Shanahan joined URETEK in 2011. In the past four years, the company has tripled revenue and expanded operations fromFlorida to 31 states. In her distinguished career she has also held a number of high-profile positions, including CEO of a $200 million environmental remediation and civil construction company, consultant to New York Stock Exchange CEO John Thain, and chief of staff to Florida Governor Jeb Bush. She has a Bachelor of Arts degree in Biochemistry from the University of California, San Diego and an MBA from New York University.

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Press Release

TRC Wins National Award for Landfill Solar Array Reuse Project

Recognized for Photovoltaic Project Distinction with Client SunEdison

LOWELL – May 26, 2015 - TRC Companies, Inc. (NYSE: TRR) today announced that it, together with its client SunEdison, has been honored with a Photovoltaic Project of Distinction Award for the solar array project at the Sullivan’s Ledge Landfill in New Bedford, Massachusetts. The award recognizes innovative approaches to project design, technology, financing and community engagement. It is sponsored by the Solar Electric Industries Association and the Solar Electric Power Association and was given at the 2015 PV America Conference recently held in Boston.

“TRC is proud to be part of the award-winning Sullivan’s Ledge solar project team,” said Chris Vincze, Chairman and Chief Executive Officer. “Our experts deliver innovative solutions across the country to support customers and communities as they develop new sources of cost-effective, clean energy while transforming and reusing previously contaminated land.”

Sullivan’s Ledge, a former landfill owned by the City of New Bedford, is a Federal Superfund site. It is the first Superfund landfill to be developed in Massachusetts and one of the first to be developed in the United States. The site was fully remediated in the 1990s and this solar array is the first project for its reuse.

TRC aided the construction of the 1.75 MWDC array by providing full-time oversight to ensure the underlying landfill cap was not impacted during construction. TRC also developed the array Work Plan that was approved by all regulatory agencies and submitted the Final Work Plan Completion Report to the EPA.


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ENR Top 500

TRC Maintains Strong Ranking on ENR Top 500 Design Firms

Engineering News-Record has released its annual ranking of Top 500 Design Firms, placing TRC at #32. The Top 500 issue includes multiple comments about the state of the industry from TRC Chairman and Chief Executive Officer Chris Vincze. Chris talks with ENR about business drivers in the energy sector including developments related to oil and gas pipelines, transmission and distribution and grid security. TRC was also ranked on the Top 20 Design Firms for the Power and Hazardous Waste sectors. For more information, please download TRC's coverage in the Top 500 issue.

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transportation Transportation
oil gas Oil and Gas
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Press Release

TRC Acquires Distribution Engineering Services Firm X-Line, Inc.

LOWELL, MASS. - TRC Companies, Inc. (NYSE: TRR), a recognized leader in engineering, consulting and construction management services to the energy, environmental and infrastructure markets, today announced it has acquired X-Line, Inc., based in Villa Rica, Ga. X-Line’s 37 employees provide distribution engineering and design services to customers in the power and telecommunications industries. Financial terms of the agreement were not disclosed. TRC expects the transaction to be accretive to earnings by Q1 of TRC’s fiscal 2016.

“The acquisition of X-Line will support TRC’s ability to capitalize on growing opportunities in distribution engineering and design,” said TRC Chairman and Chief Executive Officer Chris Vincze. “X-Line adds technical depth, experience and expertise, while reinforcing TRC’s leadership, management and reputation in this core business. X-Line’s footprint in the Southeast U.S. strengthens TRC’s presence in the existing markets of Georgia, Alabama and Tennessee, while also adding Kentucky, and brings opportunities to expand relationships with major clients in power distribution and telecommunications.”

“TRC’s national reputation, capital resources and corporate infrastructure provide a powerful platform for us to drive growth in our core competencies,” said Bryan Powell, CEO of X-Line. “We are excited to join the TRC team as we work together to capitalize on new business opportunities and drive and expand on existing relationships in the power and telecom markets.”

About TRC

A pioneer in groundbreaking scientific and engineering developments since the 1960s, TRC is a national engineering, consulting and construction management firm that provides integrated services to the energy, environmental and infrastructure markets. TRC serves a broad range of clients in government and industry, implementing complex projects from initial concept to delivery and operation. TRC delivers results that enable clients to achieve success in a complex and changing world. For more information and updates from the Company, visit TRC's website at www.TRCsolutions.com and follow TRC on Twitter and StockTwits at @TRC_Companies and on LinkedIn.

Forward-Looking Statements

Certain statements in this press release may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You can identify these statements by forward-looking words such as "may," "expects," "plans," "anticipates," "believes," "estimates," or other words of similar import. You should consider statements that contain these words carefully because they discuss TRC’s future expectations, contain projections of the Company’s future results of operations or of its financial condition, or state other "forward-looking" information. TRC believes that it is important to communicate its future expectations to its investors. However, there may be events in the future that the Company is not able to accurately predict or control and that may cause its actual results to differ materially from the expectations described in its forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties, and actual results may differ materially from those discussed as a result of various factors, including, but not limited to, the uncertainty of TRC’s operational and growth strategies; circumstances which could create large cash outflows, such as contract losses, litigation, uncollectible receivables and income tax assessments; regulatory uncertainty; the availability of funding for government projects; the level of demand for TRC’s services; product acceptance; industry-wide competitive factors; the ability to continue to attract and retain highly skilled and qualified personnel; the availability and adequacy of insurance; and general political or economic conditions. Furthermore, market trends are subject to changes, which could adversely affect future results. See the risk factors and additional discussion in TRC’s Annual Report on Form 10-K for the fiscal year ended June 30, 2014, Quarterly Reports on Form 10-Q, and other factors detailed from time to time in the Company’s other filings with the Securities and Exchange Commission.

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Press Release

TRC and Waupaca Foundry Win ACEC Awards

Re-use of by-products saves money, reduces landfill waste and improves sustainability

LOWELL, MASS. – April 14, 2015 – TRC Companies, Inc. (NYSE: TRR), along with its client Waupaca Foundry, Inc. (WFI), announced today that they have won an American Council of Engineering Companies (ACEC) Engineering Excellence Award in the State of Wisconsin as well as a National ACEC Engineering Excellence Recognition Award for their project which promotes the re-use of by-products to enhance the sustainability of WFI’s landfill.

“TRC is proud to be recognized for our work with Waupaca Foundry,” said Doug Genthe, Managing Principal of TRC’s Solid Waste Management and Geotechnical Engineering Practice. “This innovative approach to landfill construction is a great example of engineering and environmental consultants working together with industry to apply new technical approaches that deliver sustainable solutions.”

WFI owns and operates a non-hazardous waste disposal facility near Waupaca, Wisconsin, that receives sand and slag by-products from three nearby WFI foundries. WFI teamed with TRC to determine if it could re-use the foundries’ by-products in the construction of final cover and liner barrier layers for its landfill.

In 2011, TRC and WFI constructed test pads with underlying collection systems to assess the long-term performance of beneficially re-using sand and slag by-product as a landfill liner barrier layer material. The test pads were monitored for over two years and exposed to two full cycles of Wisconsin weather.

Following the successful performance of the test pads, in May 2014, the Wisconsin Department of Natural Resources approved a plan modification to WFI’s landfill permit to allow the use of the sand and slag by-product material as a liner barrier layer in the landfill. As a result WFI will reduce landfill construction costs, extend the life of their landfill, reduce the landfill’s environmental impact and improve the sustainability of its operations.

According to Waupaca Foundry environmental coordinator Bryant Esch, Waupaca Foundry has successfully pursued beneficial reuse of its sand byproduct for over two decades. "A continuous improvement goal has been to identify and facilitate increasingly value added uses for these materials,” Esch said. “Waupaca recognized the potential of spent foundry sands as a native clay replacement for low permeability barrier construction projects, and with our TRC project partners, we collectively achieved the completion of an exciting project that represents real and substantial environmental improvement,” he said.

Through the re-use of the sand and slag by-product, 80,000 cubic yards of waste material for the liner barrier layer and 112,000 cubic yards for the final cover barrier layer that would have been destined for disposal in the landfill has been eliminated. WFI anticipates construction of the new liner barrier layer system during the summer/fall of 2016.

About TRC

A pioneer in groundbreaking scientific and engineering developments since the 1960s, TRC is a national engineering, consulting and construction management firm that provides integrated services to the energy, environmental and infrastructure markets. TRC serves a broad range of clients in government and industry, implementing complex projects from initial concept to delivery and operation. TRC delivers results that enable clients to achieve success in a complex and changing world. For more information and updates from the Company, visit TRC's website at www.TRCsolutions.com and follow TRC on Twitter at @TRC_Companies and on LinkedIn.

About Waupaca Foundry, Inc.

Waupaca Foundry, Inc., the largest iron foundry company in the world, produces gray iron castings, ductile iron castings, compacted graphite iron castings, and austempered ductile iron castings using state-of-the-art processes and technology. Waupaca is North America’s leading supplier of iron castings to the automotive, commercial vehicle, agriculture, construction, and industrial markets. Headquartered in Waupaca, Wisconsin, the iron castings supplier operates six manufacturing facilities, located in Waupaca, Wisconsin (3 individual sites), Marinette, Wisconsin, Tell City, Indiana, and Etowah, Tennessee. Waupaca employs approximately 3,900 people. For more information, visit www.waupacafoundry.com.

Forward-Looking Statements

Certain statements in this press release may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You can identify these statements by forward-looking words such as "may," "expects," "plans," "anticipates," "believes," "estimates," or other words of similar import. You should consider statements that contain these words carefully because they discuss TRC’s future expectations, contain projections of the Company’s future results of operations or of its financial condition, or state other "forward-looking" information. TRC believes that it is important to communicate its future expectations to its investors. However, there may be events in the future that the Company is not able to accurately predict or control and that may cause its actual results to differ materially from the expectations described in its forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties, and actual results may differ materially from those discussed as a result of various factors, including, but not limited to, the uncertainty of TRC’s operational and growth strategies; circumstances which could create large cash outflows, such as contract losses, litigation, uncollectible receivables and income tax assessments; regulatory uncertainty; the availability of funding for government projects; the level of demand for TRC’s services; product acceptance; industry-wide competitive factors; the ability to continue to attract and retain highly skilled and qualified personnel; the availability and adequacy of insurance; and general political or economic conditions. Furthermore, market trends are subject to changes, which could adversely affect future results. See the risk factors and additional discussion in TRC’s Annual Report on Form 10-K for the fiscal year ended June 30, 2012, Quarterly Reports on Form 10-Q, and other factors detailed from time to time in the Company’s other filings with the Securities and Exchange Commission.

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