TRC

TRC Companies Recognized by Climate Change Business Journal for Supporting Department of Energy Multi-State Clean Hydrogen Hub

Retrieved on: 
星期四, 五月 9, 2024

WINDSOR, Conn., May 9, 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, received an award from Climate Change Business Journal ® (CCBJ) for its role in a Department of Energy (DOE) multi-state clean hydrogen hub.

Key Points: 
  • TRC received an award for advancing the transition to a clean-hydrogen, low-carbon economy by supporting the Appalachian Regional Clean Hydrogen Hub (ARCH2) consortium.
  • WINDSOR, Conn., May 9, 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, received an award from Climate Change Business Journal ® (CCBJ) for its role in a Department of Energy (DOE) multi-state clean hydrogen hub.
  • "The ARCH2 project is advancing the use of hydrogen as a critical component to our national decarbonization strategy and supporting clean energy job creation in disadvantaged and underserved communities," said Christopher Vincze, Chairman and CEO of TRC.
  • "The ARCH2 project is advancing the use of hydrogen as a critical component to our national decarbonization strategy and supporting clean energy job creation in disadvantaged and underserved communities."

Nitor Capital Management Commends Tejon Ranch Stockholders for Withholding Support for Certain Directors and Voting Against Executive Compensation at Upcoming Annual Meeting

Retrieved on: 
星期四, 五月 9, 2024

ENGLEWOOD CLIFFS, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- Nitor Capital Management LLC (together with its affiliates, “Nitor Capital Management” or “we”), a significant stockholder of Tejon Ranch Company (NYSE: TRC) (“Tejon Ranch” or the “Company”) which beneficially owns approximately 1.8% of Tejon Ranch’s outstanding shares, today commented on the Company’s upcoming annual meeting of stockholders scheduled to be held on May 14, 2024.

Key Points: 
  • Highlights ISS and Glass Lewis Recommend to Withhold Votes for Nominating Committee Chair Michael H. Winer and Glass Lewis Recommends Voting Against Executive Compensation
    Urges Stockholders to Withhold Support for Steven A. Betts, Norman J. Metcalfe, Geoffrey L. Stack and Michael H. Winer and Vote Against Executive Compensation
    ENGLEWOOD CLIFFS, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- Nitor Capital Management LLC (together with its affiliates, “Nitor Capital Management” or “we”), a significant stockholder of Tejon Ranch Company (NYSE: TRC) (“Tejon Ranch” or the “Company”) which beneficially owns approximately 1.8% of Tejon Ranch’s outstanding shares, today commented on the Company’s upcoming annual meeting of stockholders scheduled to be held on May 14, 2024.
  • “We wanted to commend our fellow stockholders, California State Teachers' Retirement System (CalSTRS) and Calvert Research and Management for joining us in taking an important first step to hold the Board accountable for the Company’s over 20 year history of abysmal performance, lack of tangible stockholder value creation and questionable compensation practices by WITHHOLDING their votes for the election of certain of the Company’s directors and voting AGAINST the approval of executive compensation at the Company’s 2024 annual meeting of stockholders.¹
    Nitor Capital Management was also pleased by leading independent proxy advisory firms ISS and Glass Lewis recommending stockholders to WITHHOLD votes for the election of Nominating Committee Chair Michael H. Winer, and Glass Lewis’ further recommendation to vote AGAINST the Company’s say-on-pay proposal at the upcoming annual meeting.
  • We believe these recommendations provide further validation for our views on the need for accountability in the boardroom and our concerns regarding the poor compensation practices at Tejon Ranch.
  • We continue to urge our fellow stockholders to join Nitor Capital Management in sending a clear message to the Board that the status quo will no longer be tolerated by WITHHOLDING support for the election of Compensation Committee Chair Steven A. Betts, Chairman of the Board Norman J. Metcalfe, Real Estate Committee Chair Geoffrey L. Stack and Nominating Committee Chair Michael H. Winer, and voting AGAINST approval of executive compensation.”

Tejon Ranch Co. Announces First Quarter 2024 Financial Results

Retrieved on: 
星期二, 五月 7, 2024

TEJON RANCH, Calif., May 07, 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 three-months ended March 31, 2024.

Key Points: 
  • TEJON RANCH, Calif., May 07, 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 three-months ended March 31, 2024.
  • Construction started in February 2024 on Phase 1 of Terra Vista at Tejon, the Company's multi-family residential development adjacent to the Outlets at Tejon.
  • Outlets at Tejon is celebrating its 10-year anniversary in 2024, with occupancy over 90% as of March 31, 2024.
  • The Company also will continue to invest in to advance its residential projects, including Mountain Village at Tejon Ranch, Centennial at Tejon Ranch and Grapevine at Tejon Ranch.

TRC Helps Secure $4.4 Million Grant for Otter Tail Power Company's Next-Generation Grid Resiliency Program

Retrieved on: 
星期四, 五月 2, 2024

WINDSOR, Conn., May 2, 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, helped secure a $4.4 million grant for Otter Tail Power Company's Next-Generation Grid Resiliency program. The grant will support pole integrity, intelligent vegetation management, drone and AI-enhanced transmission line inspection and repairs, and advanced substation assessments and repairs. The grant was awarded by the North Dakota Industrial Commission through the Department of Energy's (DOE) Infrastructure Investment and Jobs Act (IIJA).

Key Points: 
  • WINDSOR, Conn., May 2, 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, helped secure a $4.4 million grant for Otter Tail Power Company's Next-Generation Grid Resiliency program.
  • "We're proud to partner with Otter Tail Power to secure critical funding for this vital infrastructure project, ultimately advancing sustainability and community benefit."
  • Leveraging our extensive experience and proven track record, TRC empowers clients, like Otter Tail Power Company, to secure funding for infrastructure projects.
  • "TRC provided key support throughout the grant writing process," said Otter Tail Power Company's System Infrastructure and Reliability Manager Michael Riewer.

TRC Amends Its Tender Offer for Johnson & Johnson

Retrieved on: 
星期三, 四月 17, 2024

TORONTO, April 17, 2024 (GLOBE NEWSWIRE) -- TRC Capital Investment Corporation (TRC) announced today that based on current market conditions, TRC has amended the terms of its tender offer for up to 1,000,000 common shares of Johnson & Johnson (the Company) and has decreased the offer price payable to US$142.88 per share from US$151.23 per share.

Key Points: 
  • TORONTO, April 17, 2024 (GLOBE NEWSWIRE) -- TRC Capital Investment Corporation (TRC) announced today that based on current market conditions, TRC has amended the terms of its tender offer for up to 1,000,000 common shares of Johnson & Johnson (the Company) and has decreased the offer price payable to US$142.88 per share from US$151.23 per share.
  • These stockholders will receive the decreased offer price of US$142.88 per share in TRC’s tender offer.
  • TRC has amended its tender offer materials to reflect the decreased offer price and other relevant changes.
  • STOCKHOLDERS CAN OBTAIN A COPY OF THE OFFER TO PURCHASE AND RELATED MATERIALS WITH RESPECT TO THE TENDER OFFER BY CONTACTING THE INFORMATION AGENT FOR THE OFFER, CNRA FINANCIAL SERVICES INC. AT (416) 861-9446.

TRC Talent Solutions Introduces Professional Solutions Division to Jacksonville Market

Retrieved on: 
星期三, 四月 10, 2024

Atlanta-based strategic staffing and talent solutions firm, TRC Talent Solutions, proudly announces its addition of TRC Talent Solutions - Jacksonville.

Key Points: 
  • Atlanta-based strategic staffing and talent solutions firm, TRC Talent Solutions, proudly announces its addition of TRC Talent Solutions - Jacksonville.
  • - Brian Robinson, CEO of TRC Talent Solutions.
  • Founded in 1980, and previously TRC Staffing, TRC Talent Solutions provides world-class talent recruiting services to drive business operations forward for its clients.
  • "We are committed to providing top-tier consultative talent solutions and exceptional service to our clients to help them reach their goals.

TRC Companies Accepted as NASA Satellite Data Early Adopter

Retrieved on: 
星期三, 四月 17, 2024

WINDSOR, Conn., April 17, 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 accepted as a NASA Satellite Data Early Adopter.

Key Points: 
  • WINDSOR, Conn., April 17, 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 accepted as a NASA Satellite Data Early Adopter.
  • "We're proud to be an Early Adopter for the NASA-ISRO satellite mission to help save water and energy through smart use of data," said Mike Caranfa, Senior Vice President of Advanced Energy at TRC.
  • TRC was accepted as an Early Adopter by identifying an existing use that would benefit from NISAR data: conserving drinking water by locating underground leaks from pipes.
  • "We're proud to be an Early Adopter for the NASA-ISRO satellite mission to help save water and energy through smart use of data."

TRC Earns A- Score for Climate Disclosure and Supplier Engagement from CDP

Retrieved on: 
星期二, 四月 9, 2024

WINDSOR, Conn., April 9, 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, earned a top score of A- from CDP (previously branded as the Carbon Disclosure Project). CDP is a not-for-profit entity that provides a global disclosure system for investors, companies and cities to publicly disclose their climate governance systems, risks and opportunities, strategies and associated metrics and targets.

Key Points: 
  • CDP is a not-for-profit entity that provides a global disclosure system for investors, companies and cities to publicly disclose their climate governance systems, risks and opportunities, strategies and associated metrics and targets.
  • CDP's annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency.
  • TRC also received achieved an A- for Supplier Engagement from CDP, placing the company in the Leadership band for both categories.
  • Measured and verified Scope 3 emissions and engaged with both direct and indirect suppliers on climate change performance.

TRC Amends Its Tender Offer for The Boeing Company

Retrieved on: 
星期二, 三月 19, 2024

TORONTO, March 19, 2024 (GLOBE NEWSWIRE) -- TRC Capital Investment Corporation (TRC) announced today that based on current market conditions, TRC has amended the terms of its tender offer for up to 500,000 common shares of The Boeing Company (the Company) and has decreased the offer price payable to US$177.95 per share from US$191.89 per share.

Key Points: 
  • TORONTO, March 19, 2024 (GLOBE NEWSWIRE) -- TRC Capital Investment Corporation (TRC) announced today that based on current market conditions, TRC has amended the terms of its tender offer for up to 500,000 common shares of The Boeing Company (the Company) and has decreased the offer price payable to US$177.95 per share from US$191.89 per share.
  • Stockholders of the Company who have already tendered their shares and have not withdrawn such shares need not take any additional action with respect to TRC’s amended tender offer.
  • These stockholders will receive the decreased offer price of US$177.95 per share in TRC’s tender offer.
  • TRC has amended its tender offer materials to reflect the decreased offer price and other relevant changes.

TRC Companies Expands Global Footprint with Strategic Hire in Europe

Retrieved on: 
星期四, 四月 4, 2024

WINDSOR, Conn., April 4, 2024 /PRNewswire-PRWeb/ -- WINDSOR, Conn., – TRC Companies, Inc. (TRC), a global professional services firm providing integrated strategy, consulting, engineering and applied technologies in support of the Energy Transition, announced that Miki Deric has joined the company to accelerate growth and expansion across Europe.

Key Points: 
  • TRC announced that Miki Deric has joined the company to accelerate growth and expansion across Europe.
  • WINDSOR, Conn., April 4, 2024 /PRNewswire-PRWeb/ -- WINDSOR, Conn., – TRC Companies, Inc. (TRC), a global professional services firm providing integrated strategy, consulting, engineering and applied technologies in support of the Energy Transition, announced that Miki Deric has joined the company to accelerate growth and expansion across Europe.
  • TRC recently acquired Locana, a global leader in enterprise geospatial technologies, with a presence in the U.K.
  • Deric joins TRC with extensive experience helping utilities solve critical challenges, with a specialized focus on strategic planning, business processes, operational models, decision-making frameworks and operational practices.