Recent News & Press Releases

Press Release

TRC Supports Clean Line Energy to Bring Renewable Energy to Mid-South and Southeast

TRC will provide land acquisition and survey services for one of the largest clean energy infrastructure projects in the U.S.

TRC Companies, Inc. today announced that it has been awarded a $12 million contract by Clean Line Energy to provide land acquisition services, survey permissions and overall project management for the Plains & Eastern Clean Line transmission project. The Plains & Eastern Clean Line is one of the largest clean energy infrastructure projects in the country. It will provide a pathway for 4,000 megawatts of low-cost wind power to be delivered from Oklahoma to the Mid-South and Southeast. The agreement between Clean Line Energy and TRC, which has a major office located in Tulsa, furthers Clean Line’s commitment to working with local suppliers.

“Clean Line Energy’s mission of building modern energy infrastructure closely aligns with our own core values of sustainability, including our commitment to grow our clean energy services year over year,” said Chris Vincze, Chairman and Chief Executive Officer. “The 700-mile transmission line will improve the U.S. electric grid, support economic development and job growth, and make safe, reliable and lower-cost power available to consumers.”

TRC will provide program management, acquisition of environmental and cultural survey consents, and acquisition support. It also will be communicating with landowners across the route to educate them about the benefits of the project.

“TRC is a critical partner for us as we look to construct the Plains & Eastern Clean Line. We are pleased that we found a partner with a footprint in Oklahoma to further our land acquisition efforts,” said Michael Skelly, President of Clean Line Energy. “Our commitment to fair and transparent dealings with all landowners will be well-served by the highly experienced staff that TRC brings to the table.”

“We’re thrilled to see the positive economic impact on northeast Oklahoma through this partnership between TRC and the Plains & Eastern Clean Line,” said Mike Neal, President and CEO of the Tulsa Regional Chamber. “We have long supported the Plains & Eastern Clean Line as a unique opportunity to bring together private investment, proven technology, public benefits and government leadership to meet the growing need for reliable transmission infrastructure.”

Construction is expected to start in 2017 and to be complete and operational in 2020.

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Press Release

TRC Names Brenda Reynolds as Vice President of Human Resources

Lowell, Mass. – July 18, 2016 – TRC Companies, Inc., a recognized leader in engineering, environmental consulting and construction-management services, announced today that Brenda Reynolds has joined as Vice President of Human Resources. In this role, she will lead TRC’s HR organization to advance TRC’s position as the employer of choice in the engineering and construction industry.

“As a human resource executive with more than 25 years of experience in multiple global industrial businesses, Brenda brings a new level of expertise to our team, and a seasoned perspective into the industries we serve,” said Chris Vincze, TRC’s Chairman and Chief Executive Officer. “Brenda has demonstrated a deep understanding of the markets we serve, and has consistently implemented strategies to improve the positive impact of senior leadership, especially with regard to organizational development and growth positioning. She will partner with our operating leaders to create an exciting platform for expanding our business. We look forward to her contributions toward our goals of profitable growth and performance excellence.”

Prior to joining TRC, Reynolds worked at General Electric (GE) for 26 years, most recently serving as the Senior Executive of Human Resources, where she led the function for an $8 billion global business with more than 11,000 employees. Working with the CEO and CFO, Reynolds led a turn-around in GE's Gas Power business and designed a new organizational structure to support business globalization and culture change. As a business partner, she successfully coached executives and project managers to improve leadership impact.

“TRC’s track record is unsurpassed, with a consistent dedication to client service, growth opportunities and a staff known throughout the industry for their expertise in each of their key market sectors,” said Reynolds. “I look forward to applying my experience and perspective to help TRC continue to build its reputation for excellence.”

Reynolds holds a Bachelor of Science in Industrial & Labor Relations from Cornell University.

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Press Release

TRC Names Jeffrey D. Wiese Vice President and National Practice Leader for Pipeline Integrity Services

Lowell, Mass. – May 31, 2016 – TRC Companies, Inc. announced today that Jeff Wiese has joined as Vice President and National Practice Leader for Pipeline Integrity Services. In this role, he will lead the management and delivery of Geographic Information Systems (GIS) and Integrity solutions that help clients develop, operate and maintain critical energy infrastructure safely and reliably.

“With more than 25 years of industry experience, Jeff’s knowledge and relationships will be invaluable to our clients as they face increasing pipeline integrity management demands,” said Chris Vincze, TRC’s Chairman and Chief Executive Officer. “The perspective and insight Jeff brings will support the growth of our already strong team and help our clients meet regulatory requirements and business goals.”

Prior to joining TRC, Wiese served as Associate Administrator for the U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA), where he directed 350 employees and executed a budget of roughly $200 million. In this capacity, he collaborated across the Department of Transportation, with Executive Branch agencies, Congressional committees and oversight offices, pipeline companies, major pipeline trade organizations, state government representatives, public and private sector emergency responders, and public safety and environmental advocates.

Throughout his 17-year career with PHMSA, Wiese managed a range of programs, including strategic direction; personnel and budget development and oversight; data-driven and risk-based regulatory inspection and enforcement; research programs; land-use management practices; excavation damage prevention; oil spill preparedness and response; continuity of operations and government activities and two Federal Advisory Committees.

“TRC’s integrated technology and market-leading solutions, combined with Jeff’s regulatory background, will provide our customers with unparalleled service offerings,” said Ed Wiegele, Senior Vice President of Oil and Gas.

“As one of the only firms in the nation to offer full-lifecycle pipeline and integrity services to mid-sized clients, TRC’s reputation in the industry is unsurpassed,” said Wiese. “I look forward to joining the team and providing innovative pipeline integrity solutions to clients.”

Wiese is an active member of the Common Ground Alliance, where he serves as a member of the Board. He is also a member of the External Advisors Group for the Center for Offshore Safety. He holds a B.A. in General Science from Grinnell College and an M.A. in Marine Affairs from the University of Rhode Island.

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ENR Top 500

TRC Rises in Ranking on ENR Top 500 Design Firms

Engineering News-Record has released its annual ranking of Top 500 Design Firms, placing TRC at #30. 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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Press Release

TRC Selected by PSNC Energy for Second Phase of Natural Gas Pipeline Replacement and Upsizing Project

Company to continue project role following successful completion of Phase I

Lowell, Mass. – April 22, 2016 – TRC Companies, Inc., a recognized leader in engineering, environmental consulting and construction-management services, has been selected by PSNC Energy, a SCANA company, to provide $12.4 million of additional engineering design, mapping, right-of-way and surveying services for the second phase of a natural gas pipeline replacement and upsizing project in North Carolina. When complete, the project will result in improved line integrity, enhanced safety and additional capacity for economic development using clean-burning gas.

“We are proud to continue our relationship with PSNC Energy, especially on a project that supports the structural integrity of such an important pipeline,” said Chris Vincze, Chairman and Chief Executive Officer of TRC. “Participating in the entirety of this project has enabled TRC to showcase our expertise across a number of practices. We’re honored to have been selected again based on our efforts during the first phase.”

TRC is continuing to participate in the first phase of the project, which involves the removal and replacement of 26 miles of existing pipelines. Phase I began in January 2015 and is expected to be in-service in June 2016. During the second phase of the project, which involves the installation of 46 miles of a new, larger pipeline, TRC will support PSNC with respect to design and documentation for future integrity maintenance. Planning for Phase II began in March 2016, and construction is expected to be complete in the fall of 2017.

“The new pipeline system will benefit not just our company, but the entire surrounding community,” said Andrew Moore, Manager of Operations for PSNC Energy. “TRC has been an integral part of this project since day one, and we’re looking forward to working with them to successfully bring the next phase online.”

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, 2015, and other factors included from time to time in the Company's other subsequent filings with the Securities and Exchange Commission.

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Press Release

TRC Provides Engineering Support for Renewable Energy Project in Nevada

Company designed high-voltage interconnection for 250MW solar farm

LOWELL, MASS. – March 31, 2016 -- TRC Companies, Inc. has completed a project with Wilson Construction Company to design, procure and construct a 250MW photovoltaic installation located in Primm, Nevada, on the California border. TRC performed the high-voltage electrical design needed to connect the solar facility into the Southern California transmission system. The project is expected to provide enough renewable energy to power 80,000 homes.

“Renewable energy is an increasingly important part of the electric supply system in California, and TRC is proud to have supported this project,” said David Zarider, Senior Vice President for TRC. “This work represents a significant expansion of our energy engineering design expertise for renewable projects in the Western U.S. We are committed to helping our clients achieve success with projects that enhance reliability and support the incorporation of renewable resources into the energy mix.”

As a subcontractor to Wilson, TRC provided all design and engineering necessary to complete the project. Wilson performed project management, equipment procurement and physical installation of the 34.5kV collection system, 230kV substation, and 230kV Gen-Tie Transmission Line.

“Wilson is honored to be part of this project,” said Ted Leineke, Vice President of Substation Construction for Wilson Construction. “We are committed to teaming with effective partners such as TRC and look forward to working together on additional projects.”

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Press Release

TRC Selected by PennDOT to Provide Construction Inspection Services Statewide

Company will support critical upgrades to aging roads and bridges LOWELL,

LOWELL, MASS. – Feb. 23, 2016 – TRC Companies, Inc. today announced it has been awarded a five-year, $19.8 million contract by the Pennsylvania Department of Transportation (PennDOT), to provide construction inspection services for precast and prestressed concrete products used on roadway and bridge projects across the state. The work will support the inspection of new structures being installed to replace and upgrade aging infrastructure systems throughout Pennsylvania.

“This award extends our 25-year relationship with PennDOT, and we are pleased to continue our role in support of important infrastructure upgrade projects across the state,” said Scott Gallaher, P.G., Principal of Construction Engineering and Inspection Services for TRC. “These efforts will help to address structurally deficient bridges throughout Pennsylvania, greatly enhancing the safety and quality of the state’s highway system.”

The project will include fabrication shop inspection by a staff of approximately 22 highly specialized TRC construction inspectors with expertise in prefabricated concrete. Specific items that will receive regular inspection include drainage elements, median barriers, earth retaining walls, bridge superstructures, pre-stress beams, large special design pipes and various other items. TRC will also support PennDOT with specification writing, technical analytics and program consultation.

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Press Release

TRC Honored for Business Achievement

Company recognized for growth and service to the Power and Oil & Gas markets

TRC Companies, Inc., a recognized leader in engineering, environmental consulting and construction-management services to the energy, environmental, infrastructure and pipeline markets, is proud to announce it has been recognized with two Business Achievement awards from The Environmental Business Journal for 2015 in the categories of Mergers and Acquisitions and New Practice Areas. The Company was recognized for two strategic acquisitions that significantly advanced its profitable growth strategy in both the Power and Oil & Gas markets and won a second award for its accomplishments decommissioning coal power plants.

“TRC is proud to be recognized by the Environmental Business Journal,” said Chris Vincze, Chairman and Chief Executive Officer. “Investing in complementary businesses with strong market fundamentals is a key part of our strategy for continued profitable growth and performance excellence. We are committed to streamlining efficiencies nationwide and expanding our technical breadth and geographical reach to support our environmental and energy clients.”

TRC grew significantly in 2015, most notably through the acquisition of Willbros Professional Services, based in Tulsa, Okla., which brought more than 700 employees and generated $200 million in revenue in 2014. It established the Company’s fourth operating and reporting segment, Pipeline Services. TRC is now one of the nation’s only providers of end-to-end solutions for the Oil & Gas industry, from up-front environmental permitting and remediation through pipeline engineering, EPC, construction management, field services, integrity and data management services. In addition, the acquisition of Georgia-based X-Line Inc., a 40-employee firm, expanded TRC’s position in the distribution engineering and design space throughout the Southeast. In total, TRC has made 11 acquisitions since 2011, all contributing to compounded annual revenue growth of more than 15%.

In the category of New Practice Areas, TRC was recognized for its extensive work supporting the decommissioning of coal power plants. The firm provided plant owners with engineering, permitting and construction services for seven such projects in 2015 and 20 since 2008. In so doing, TRC supported the development of new, efficient gas-turbine power plants, sped the transition to a cleaner electricity supply and helped achieve greenhouse gas reductions. In 2015, TRC supported National Grid in replacing two coal-oil-gas steam-turbine generating stations in New York with new gas-turbine technology. For these projects, TRC provided health, safety and environmental plans; pre-demolition surveys; plans and specifications; procurement; and construction support services.

The Environmental Business Journal recognizes outstanding business performance in the environmental industry with its annual Business Achievement Awards. In 2015, it honored 56 companies for revenue growth, acquisitions, innovative project designs, technology applications, new practice areas, social contributions and industry leadership. The awards will be presented at a special ceremony during the Environmental Industry Summit XIV in San Diego, Calif. on March 9-11, 2016.

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Press Release

TRC’s Carmen Henrikson Elected to Board of California Energy Efficiency Industry Council

LOWELL, MASS. – Feb. 10, 2016 – TRC Companies, Inc. is pleased to announce the election of Carmen Henrikson, Associate Vice President of Energy Services in Oakland, California, to the Board of Directors of the California Energy Efficiency Industry Council (Efficiency Council). Henrikson will serve on the Board’s 2016 Executive Committee as Treasurer.

“As a long-standing member and supporter of the Efficiency Council, TRC can attest to the extraordinary value and strong voice this organization provides its members,” Henrikson said. “I am honored to join the Board and work with our energy allies to advance the Council’s inspiring vision over the next several years.”

The Efficiency Council is California’s primary business voice for the energy efficiency and demand response industries. It represents member companies through support for efficiency policies, programs and technologies that foster sustainable jobs, long-term economic vitality, stable and reasonably priced energy systems and environmental improvement for all Californians.

With integrated business development, energy policy and program delivery experience, Henrikson will work with the Board to implement the Efficiency Council’s recently adopted Strategic Plan. Henrikson’s career in California’s energy efficiency and demand response industry includes 15 years of collaborating with investor-owned utilities, public agencies and industry allies in a rapidly changing energy environment. She holds both an MBA from the University of Michigan’s Ross School of Business and an MSc in Natural Resource Policy as part of the University of Michigan’s Erb Institute.

About the Efficiency Council

Formed in 2009, the California Energy Efficiency Industry Council (Efficiency Council) is a 501 (c)(6) trade association representing non-utility businesses that provide energy efficiency and demand response services and products in California. The Efficiency Council brings the business voice to regulatory, legislative and policy forums throughout the state to promote energy efficiency and demand response.

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News Article

Tulsa World: "Ceremony celebrates TRC's expansion to Tulsa"

The banner stretched across the front doors of 2087 E. 71st St. on Wednesday morning read “Better Together — TRC and Willbros Professional Services.”

And together Chris Vincze, chairman and CEO of Massachusetts-based TRC Companies Inc., and Ed Wiegele, a former Willbros employee and current senior vice president of TRC Pipeline Services, cut the ribbon.

Read the full article and event coverage on the Tulsa World website. 

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