TRC | 2017 SUSTAINABILITY REPORT
A YEAR OF CHANGE
Fiscal Year 2017 brought significant change and opportunity for TRC,
starting with an expansion of our teams through targeted acquisitions*
and closing with the new partnership with New Mountain Capital. Coupled
with our organic growth in FY17, these investments position us well to
serve the expanding energy and transportation market needs.
12 %
growth in NSR
(Net Service
Revenue) from
FY16 to FY17
In January 2017, TRC acquired the contract to serve as Program Administrator of New Jersey’s Clean Energy
Program (NJCEP), which has provided more than $300 million annually in support to homeowners, businesses and
government entities upgrading to high-efficiency and renewable energy technology. All the staff working for the prior
NJCEP Administrator, Ameresco Inc. and its wholly owned subsidiary, Applied Energy Group Inc. (AEG), joined TRC’s
Energy Efficiency team, supplementing our strong capabilities in New Jersey and the region and growing our clean
energy service capabilities.
TRC also acquired CALTROP Corp., in April 2017, with 170 employees serving the transportation infrastructure
market. Headquartered in Riverside, California, Caltrop brings expertise in construction management and
construction engineering inspection services in California, New York, Florida and Texas – as well as fabrication
inspection capabilities in China and the United Kingdom.
*Office metrics related to acquisitions are incorporated into our sustainability reporting one year later; thus office metrics
from these acquisitions will be incorporated into the FY18 reporting year.
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