TRC

Tejon Ranch Co. Announces Fourth Quarter and Year-Ended December 31, 2023 Financial Results

Retrieved on: 
Wednesday, March 6, 2024

TEJON RANCH, Calif., March 06, 2024 (GLOBE NEWSWIRE) -- Tejon Ranch Co., or the Company, (NYSE:TRC), a diversified real estate development and agribusiness company, today announced financial results for the fourth quarter and year-ended December 31, 2023.

Key Points: 
  • TEJON RANCH, Calif., March 06, 2024 (GLOBE NEWSWIRE) -- Tejon Ranch Co., or the Company, (NYSE:TRC), a diversified real estate development and agribusiness company, today announced financial results for the fourth quarter and year-ended December 31, 2023.
  • Factors behind this change included:
    Commercial/industrial segment revenues decreased $5.3 million, or 63%, when compared with the fourth quarter in 2022, primarily attributable to the absence of a land contribution in the fourth quarter 2023.
  • Tejon Ranch Co. provides Adjusted EBITDA, a non-GAAP financial measure, because it offers additional information for monitoring the Company's cash flow performance.
  • The Company also will continue to invest in its residential projects, including Mountain Village at Tejon Ranch, Centennial at Tejon Ranch and Grapevine at Tejon Ranch.

Veteran Real Estate Professional to Head Tejon Ranch’s First Residential Multi-Family Community, Terra Vista at Tejon

Retrieved on: 
Wednesday, February 21, 2024

TEJON RANCH, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Tejon Ranch Co. (TRC: NYSE) announced today the hiring of Chris Wilson as Vice President of Real Estate.

Key Points: 
  • TEJON RANCH, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Tejon Ranch Co. (TRC: NYSE) announced today the hiring of Chris Wilson as Vice President of Real Estate.
  • Wilson will oversee the construction, lease-up and operations of the Terra Vista at Tejon apartment community.
  • Terra Vista at Tejon is the Company’s first residential development and will complete the well-rounded progression of the Company to a fully integrated real estate development organization.
  • “We are committed to the success of Terra Vista at Tejon, and we are confident that Chris Wilson is the right person to lead the effort.” said Hugh McMahon, Executive Vice President of Real Estate, Tejon Ranch Co.

TRC Insights LLC, a Market Research Firm, Announces Leadership Transition

Retrieved on: 
Wednesday, March 6, 2024

FORT WASHINGTON, Pa., March 6, 2024 /PRNewswire-PRWeb/ -- Greater Philadelphia-based market research company, TRC Insights, announced a significant leadership transition set for April 1, 2024.

Key Points: 
  • FORT WASHINGTON, Pa., March 6, 2024 /PRNewswire-PRWeb/ -- Greater Philadelphia-based market research company, TRC Insights, announced a significant leadership transition set for April 1, 2024.
  • I expect a seamless transition for TRC; a testament to our foundation of great talent, dedication, and expertise.
  • I have a strong faith in Rajan's abilities and hold no doubt he will continue our long-standing tradition of innovation and meeting the evolving needs of market research professionals.
  • TRC is now recognized as an innovation leader in the market research industry.

TRC Named One of America's Best Large Employers by Forbes

Retrieved on: 
Wednesday, February 28, 2024

WINDSOR, Conn., Feb. 28, 2024 /PRNewswire-PRWeb/ -- TRC Companies, Inc. (TRC), a global professional services firm providing integrated strategy, consulting, engineering and applied technologies in support of the Energy Transition, has been named of one of America's Best Large Employers 2024. This award is a testament to TRC's growth over the past 20 years. In 2002, TRC was listed on Forbes 200 Best Small Companies.

Key Points: 
  • TRC Companies, Inc. has been named of one of America's Best Large Employers 2024.
  • WINDSOR, Conn., Feb. 28, 2024 /PRNewswire-PRWeb/ -- TRC Companies, Inc. (TRC), a global professional services firm providing integrated strategy, consulting, engineering and applied technologies in support of the Energy Transition, has been named of one of America's Best Large Employers 2024.
  • In 2002, TRC was listed on Forbes 200 Best Small Companies.
  • Forbes looked at companies across all industry sectors employing at least 5,000 workers within the U.S.

TRC Named as Global Leader in Technology and Innovation by The Environmental Financial Consulting Group

Retrieved on: 
Monday, February 26, 2024

WINDSOR, Conn., Feb. 26, 2024 /PRNewswire-PRWeb/ -- TRC Companies, Inc. (TRC), a global professional services firm providing integrated strategy, consulting, engineering and applied technologies in support of the Energy Transition, has been recognized as a leading provider of technology and innovation services according to a recent analysis conducted by The Environmental Financial Consulting Group (EFCG).

Key Points: 
  • WINDSOR, Conn., Feb. 26, 2024 /PRNewswire-PRWeb/ -- TRC Companies, Inc. (TRC), a global professional services firm providing integrated strategy, consulting, engineering and applied technologies in support of the Energy Transition, has been recognized as a leading provider of technology and innovation services according to a recent analysis conducted by The Environmental Financial Consulting Group (EFCG).
  • We are thrilled that EFCG has recognized TRC's commitment to technology, digitization and innovation," said Chris Vincze, Chairman & CEO at TRC.
  • "We are thrilled that EFCG has recognized TRC's commitment to technology, digitization and innovation," said Chris Vincze, Chairman & CEO at TRC.
  • "As our Digital journey continues to mature, TRC has pivoted to being viewed as a Digital-first organization.

TRC showcases end-to-end solutions for the energy transition at DISTRIBUTECH 2024

Retrieved on: 
Wednesday, February 21, 2024

WINDSOR, Conn., Feb. 21, 2024 /PRNewswire-PRWeb/ -- TRC Companies, Inc. (TRC), a global professional services firm providing integrated strategy, consulting, engineering and applied technologies in support of the Energy Transition, is exhibiting at DISTRIBUTECH International 2024, the world's largest event for the transmission and distribution industry. DISTRIBUTECH will take place Feb. 26 to Feb. 29, 2024, in Orlando.

Key Points: 
  • WINDSOR, Conn., Feb. 21, 2024 /PRNewswire-PRWeb/ -- TRC Companies, Inc. (TRC), a global professional services firm providing integrated strategy, consulting, engineering and applied technologies in support of the Energy Transition, is exhibiting at DISTRIBUTECH International 2024, the world's largest event for the transmission and distribution industry.
  • DISTRIBUTECH will take place Feb. 26 to Feb. 29, 2024, in Orlando.
  • "TRC creates breakthrough solutions that navigate and adapt to complex industry changes while delivering safe, reliable service to customers," says Ed Myszka, President of TRC's Power Sector.
  • TRC is unveiling its refreshed brand with a focus on how the company is #PoweringTheShift to deliver agility, fortitude and peace-of-mind to utilities addressing the energy transition and changing landscapes.

What is the Truth about Reconciliation? 2023 Year-End Review: Indigenous Watchdog

Retrieved on: 
Wednesday, February 14, 2024

This legislation would enable the National Council to, among other things, collect all the relevant data identified above from all government and other stakeholders across the country.

Key Points: 
  • This legislation would enable the National Council to, among other things, collect all the relevant data identified above from all government and other stakeholders across the country.
  • The most obvious conclusion is that there are far more problems than positive actions and commitments: almost 2.5 x as many.
  • Not surprising since housing is a major national problem for non-Indigenous Canadians as well
    Treaties and Land Claims has the biggest gap.
  • Comprehensive Claims and Treaty Land Entitlements that had the most activity are arguably more defined and easier to implement.

Gus Fonte Elected to Lead Nation's Largest Local Realtor Association

Retrieved on: 
Friday, February 2, 2024

MIAMI, Feb. 2, 2024 /PRNewswire-PRWeb/ -- The MIAMI Association of Realtors (MIAMI) installed 2024 MIAMI Chairman of the Board Gus Fonte, CCIM at its Inaugural & Awards Celebration on Feb. 2 at the Seminole Hard Rock Hotel & Casino in Hollywood.

Key Points: 
  • "As a proud MIAMI member since 1987, I'm honored to lead our incredible association, the largest in the United States"
    "As a proud MIAMI member since 1987, I'm honored to lead our incredible association, the largest in the United States," Fonte said.
  • Let's showcase our Realtor value proposition, continue our industry-leading advocacy efforts and elevate our Realtor education.
  • Fonte has volunteered his time as a MIAMI Association of Realtors leader since 2005, when he led MIAMI Commercial.
  • Born and raised in Miami, Fonte currently lives in Miami with his wife, Maryellen, and has two children, Gus and Mia.

TRC Companies announces Vijay Gudivaka as Environmental & Infrastructure President

Retrieved on: 
Tuesday, January 30, 2024

WINDSOR, Conn., Jan. 30, 2024 /PRNewswire-PRWeb/ -- TRC Companies, a global professional services firm providing integrated strategy, consulting, engineering and applied technologies in support of the Energy Transition, named Vijay Gudivaka as President of its Environmental (Environmental, Health, Safety & Sustainability) and Infrastructure groups. In this pivotal role, Gudivaka is charged with strategy and program excellence activities to drive organic and inorganic growth for two of TRC's key areas of business.

Key Points: 
  • TRC Companies, a global professional services firm providing integrated strategy, consulting, engineering and applied technologies in support of the Energy Transition, named Vijay Gudivaka as President of its Environmental (Environmental, Health, Safety & Sustainability) and Infrastructure groups.
  • WINDSOR, Conn., Jan. 30, 2024 /PRNewswire-PRWeb/ -- TRC Companies, a global professional services firm providing integrated strategy, consulting, engineering and applied technologies in support of the Energy Transition, named Vijay Gudivaka as President of its Environmental (Environmental, Health, Safety & Sustainability) and Infrastructure groups.
  • "Vijay brings a fresh perspective and deep industry knowledge to the role," said Christopher Vincze, Chairman and CEO of TRC.
  • Mr. Gudivaka brings more than 30 years of infrastructure and environmental experience, including a significant focus on leadership excellence, technology innovation, market development and operations expertise.

Nestlé Joins Growing List of National and Multinational Companies Operating at the Tejon Ranch Commerce Center

Retrieved on: 
Tuesday, January 23, 2024

TEJON RANCH, Calif., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Tejon Ranch Co .

Key Points: 
  • TEJON RANCH, Calif., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Tejon Ranch Co .
  • (NYSE: TRC) announced today that construction is underway on a new distribution center for Nestlé USA, Inc. , (Nestlé) the world’s largest food and beverage company with a robust U.S. footprint.
  • The new multi-story building, which will be more than 700,000 square feet, will be located on an approximate 58-acre parcel of land on the east side of Tejon Ranch Commerce Center (TRCC).
  • JLL’s Mac Hewett , Mike McCrary and Brent Weirick represented Tejon Ranch Co. in the 58-acre land sale transaction.