TRC Awarded $2.5 Million North Carolina Natural Gas Transmission Line Contract
May 12 2017 - 9:00AM
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 EnergyPSNC 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
NCollins@trcsolutions.com
Investor Contact:
Sharon Merrill Associates
(617) 542-5300
trr@investorrelations.com
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