TRC Awarded $2.5 Million North Carolina Natural Gas Transmission Line Contract

LOWELL, Mass., May 12, 2017 -- TRC Companies, Inc. (NYSE:TRR), a recognized leader in engineering, environmental consulting and construction-management services, announced today it has been awarded a $2.5 million contract to provide engineering and construction support to PSNC Energy for its 40-mile Franklin and Wake County Extension Project to meet strong demand for natural gas in North Carolina.

“TRC has been honored to serve PSNC Energy for several years, and we are excited to support its work to increase the availability of clean, reliable and affordable natural gas for customers in this fast-growing part of North Carolina,” said TRC Chairman and Chief Executive Officer Chris Vincze. “Integra Link is the ideal platform for infrastructure owners, regulators and other stakeholders to get timely, accurate information at all times about the progress of the project.”

As part of the contract, TRC will deploy its industry-leading Integra Link™ project data management platform to give PSNC and third-party stakeholders up-to-the-minute access to complete and verified information including pipeline routing, field data, environmental compliance, inspection reports and other key data. The data can be accessed from desktops, smartphones, tablets and other devices.

PSNC Energy, a SCANA company, is developing the 40-mile extension of 20-inch transmission line to meet increasing demand for natural gas due to residential, commercial and industrial growth in Franklin and Wake counties. Construction is expected to begin next fall with an expected completion by summer 2019.

TRC maintains five offices in North Carolina, including two each in Asheville and Chapel Hill and a fifth in Raleigh.

About PSNC Energy
PSNC Energy, headquartered in Gastonia, N.C., is franchised to serve a 28-county service area in North Carolina. The utility distributes natural gas to more than 550,000 customers in 96 cities and communities, including the Raleigh, Durham and Chapel Hill areas in the north central part of the state; the Concord, Statesville, Gastonia and Forest City areas in the Piedmont; and the Asheville, Hendersonville, Brevard and Sylva areas in the western part of the state. More information about PSNC Energy is available through the company’s website at psncenergy.com, Twitter and Facebook.

About TRC
A pioneer in groundbreaking scientific and engineering developments since the 1960s, TRC (www.TRCsolutions.com) is a national engineering, environmental consulting and construction management firm that provides integrated services to the power, environmental, infrastructure and oil and gas markets. TRC serves a broad range of commercial, industrial and government clients, 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. TRC trades on the NYSE under the symbol TRR. Follow us on Twitter and StockTwits at @TRC_Companies and on LinkedIn.

Company Contact: 		
Nicole Collins 		
978-656-3594		
[email protected] 
	
Investor Contact:
Sharon Merrill Associates
(617) 542-5300
[email protected]