Universal Technical Institute Sets Major Program Expansions
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Universal Technical Institute, Inc. (UTI) has launched the Airframe and Powerplant, HVACR, Wind Power, Industrial Maintenance, and Welding programs at four of its UTI division campuses in July, and is admitting new students in nine more programs at five additional campuses. The remaining programs are planned to begin classes in August and September 2023 and include Robotics & Automation.
These program expansions are another important step in the execution of the company's growth and diversification strategy, first announced in early 2021. Approximately 70 students started in the five programs launched in July. Once fully operational, these programs will be able to support more than 1,000 students annually who are seeking careers in the skilled trades and energy sectors.
"The acquisition of MIAT College of Technology and the continued success of our welding programs have allowed us the opportunity to expand our UTI division program offerings across our national campus footprint," commented Jerome Grant, chief executive officer. "The program expansions, along with the two new UTI campuses launched in 2022, and the acquisition of Concorde Career Colleges this fiscal year, are a key element of our growth and diversification strategy."
With the current program expansion effort, the Company is optimizing its existing UTI division campus footprint to include Airframe and Powerplant, HVACR, Industrial Maintenance, Robotics and Automation, and Wind Power in addition to the current automotive, diesel, welding, motorcycle, and marine mechanic programs. Including the July launches, new programs are currently planned across nine campuses in seven states. Potential future expansions may also be considered.
The Airframe and Powerplant1 program at UTI-Avondale has received Federal Aviation Administration approval. Two additional campuses, UTI-Long Beach and UTI-Miramar are pending FAA approval.
