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Slide #12. TRC Companies, Inc. — Utility Support Systems, Inc.
TRC Companies, Inc. (TRR)
Utility Support Systems, Inc.
TRC Companies, Inc. (NYSE: TRR), a recognized leader in engineering, consulting and construction management services to the energy, environmental and infrastructure markets, today announced that it has acquired Georgia-based Utility Support Systems, Inc. (USS), a professional engineering company primarily supporting the power/utility market. Financial terms of the agreement were not disclosed. USS reported net revenues of $11.5 million in 2012. TRC expects the transaction to be earnings accretive in fiscal 2014.
TRC Companies is an engineering, consulting and construction management firm. Co. has three operating segments: Energy, which provides services including program management, engineer/procure/construct projects, design, and consulting; Environmental, which provides services to a range of clients including industrial, transportation, energy and natural resource companies, as well as federal, state and municipal agencies; and Infrastructure, which provides services related to the expansion of infrastructure capacity, the rehabilitation of overburdened and deteriorating infrastructure systems, and the management of risks related to security of public and private facilities.
Open the TRR Page at The Online Investor »
Buy (3.00 out of 4)
(ranked higher than approx. 76% of all stocks covered)
Based on Zacks ABR data;
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