TRC Exit Strategy® Program Facilitates Cleanup and Closure of Two Midwestern Landfills

LOWELL, Mass.--(BUSINESS WIRE)--TRC Companies, Inc. (NYSE: TRR) today announced that it has executed an Exit Strategy® based, risk-sharing transaction with a Midwestern municipal corporation representing a number of cities for the clean-up and closure of two solid waste landfills. The contract is estimated at $5.2 million.

“TRC is pleased to be part of the cleanup and closure of these landfills”

Each of the involved municipalities has a shared responsibility to assure the proper clean-up and closure of the landfills. Through the Exit Strategy program, TRC has worked with the client to manage the client’s risk to achieve project completion, aligning interest with each municipality’s business goals.

“TRC is pleased to be part of the cleanup and closure of these landfills,” said Chris Vincze, Chairman and Chief Executive Officer. “As a company, we are not only committed to helping our clients manage their environmental risks, but we are also dedicated to improving the environment for the communities in which we and our clients live and work. Our Exit Strategy program accomplishes both of these goals to deliver results our clients can rely on.”

To address the cleanup of the landfills, TRC has proposed a green remediation methodology, known as phytoremediation, which uses trees as the conduit to treat and mitigate environmental impacts. As part of its focus on Green Remediation strategies, TRC has developed a core competency in the broad application of phytoremediation, successfully installing many thousand treewells in more than a dozen sites across the United States for the remediation of a wide variety of groundwater contaminants. This technology is being embraced by regulators across the country as a superior and greener remediation strategy and TRC is committed to applying it where feasible.

About TRC

A pioneer in groundbreaking scientific and engineering developments since the 1960s, TRC is a national engineering consulting and construction management firm that provides integrated services to the energy, environmental, and infrastructure markets. TRC serves a broad range of clients in government and industry, 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. For more information, visit TRC's website at www.TRCsolutions.com.

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