Universal Technical Institute

Universal Technical Institute Welcomes New Early Employment Partner RDO Equipment Co., Offering Students Real-World Experience and Tuition Reimbursement Opportunity

Retrieved on: 
Tuesday, March 28, 2023
RDO, Student, Education, UTI, Universal Technical Institute, Curriculum, Student Success Act, NYSE, Nursing

PHOENIX, March 28, 2023 /PRNewswire/ -- Universal Technical Institute (UTI), a division of Universal Technical Institute, Inc. (NYSE: UTI) and a leading workforce solutions provider of skilled trades education programs, is announcing another Early Employment Program partner, RDO Equipment Co. (RDO), a diesel equipment dealer with more than 75 stores across the U.S.

Key Points: 
  • RDO has committed to offering the Early Employment Program students they hire up to $32,000, which includes tuition reimbursement over four years, a company-paid tool program, and a $5,000 bonus when hired upon graduation.
  • As the demand for skilled technicians continues to rise, a growing number of employers across the country are joining UTI's Early Employment Program.
  • Participating employers offer paid work experience, and consideration for full-time employment and reimbursement for education-related expenses after graduation.
  • "By working with employers and industry leaders like RDO Equipment Co., UTI offers programs that strengthen technical and professional skills in preparation for long-term, rewarding careers."

Universal Technical Institute Announces Purchase of Primary Buildings at Orlando, Florida Campus

Retrieved on: 
Wednesday, March 22, 2023
Population growth, Advertising, Unemployment, Employment, Failure, Mercury, UTI, Universal Technical Institute, Volvo, Mercury Marine, COVID-19, Ford, GAAP, Credit agreements in South Africa, Harley-Davidson, Student, EBITDA, Acquisition, BMW, Marine, Daimler Truck, MSAT, Concorde, Depreciation, National Association, Transport, Hand, Credit, NYSE, Fifth Third Bank, Suzuki, Yamaha

The expected annual adjusted EBITDA benefit is approximately $2 million and after-tax cash savings are approximately $500 thousand.

Key Points: 
  • The expected annual adjusted EBITDA benefit is approximately $2 million and after-tax cash savings are approximately $500 thousand.
  • "The purchase of the Orlando campus illustrates Universal Technical Institute's long-term commitment to the Orlando Market and the State of Florida," said UTI-Orlando Campus President Timothy Dauber.
  • The campus also has several auto and diesel Manufacturer Specific Advanced Training (MSAT) programs including Ford, BMW and Daimler Trucks.
  • We choose to disclose this non-GAAP financial measure for UTI because it provides an additional performance measure.

Universal Technical Institute Recognized for Efforts to Train America's Veterans for In-Demand Careers

Retrieved on: 
Wednesday, March 15, 2023
Transfer, Exton, Marines, Aviation, Workforce, NYSE, School, Veteran, Universal Technical Institute, Transport, Partnership, Ohio Department of Veterans Services, National Directorate of Intelligence and Prevention Services, Penn, University, UTI, Student, Degree, Motorcycle, BMW, University student retention, Marine Corps War College, Salute, Nursing

PHOENIX, March 14, 2023 /PRNewswire/ -- Universal Technical Institute (UTI), a division of Universal Technical Institute, Inc (NYSE: UTI), and a leading workforce solutions provider of transportation, skilled trades and energy education programs, is announcing it has once again earned the Military Friendly® School designation, which accounts for student retention and graduation and job placement rates, among other criteria. UTI's campuses in Avondale, Ariz., Sacramento, Rancho Cucamonga and Long Beach, Calif., Dallas and Houston, Texas, Lisle, Ill. and Exton, Penn., along with NASCAR Technical Institute in Mooresville, N.C. and Motorcycle & Marine Mechanics Institute in Orlando, Fla. were among the schools awarded for 2022-2023.

Key Points: 
  • Most UTI campuses are outfitted with a veteran-friendly space and UTI offers the Salute to Service Grant, which gives eligible veterans a 10% tuition discount.
  • "Veterans are highly trained, talented and agile, and among the most dedicated, capable and disciplined students and employees we've met," said Jerome Grant, chief executive officer of UTI.
  • Schools who achieve awards designation show true commitment in their efforts, going over and above that standard."
  • For more information on UTI's Military and Veterans Services, visit https://www.uti.edu/support-services/military-veteran-services .

TechForce Foundation® Announces Grand Prize Winner of Annual FutureTechs Rock AwardsTM

Retrieved on: 
Tuesday, March 7, 2023
Other Transport, Automotive, Engineering, Transport, Manufacturing, Other Automotive, Other Education, Training, Education, Woman, Learning, Tertiary, Service King Collision Repair, Technology High School, Watercraft, Universal Technical Institute, School, Student, Cengage, Workforce, Volvo, Temple University, CNC, AutoZone, Advance Auto Parts, Secondary school, CRC Industries, WD-40 Company, CRC, ATV, Portland Arts and Technology High School, Prize, Industrial, Baeksang Arts Award Grand Prize – Film, Western Technical College, Category, Taeler Hendrix, Nursing, Auction, Nissan

Taeler Coverdale, a Collision Repair student at Universal Technical Institute in Houston, Texas has been named as Grand Prize Winner in TechForce Foundation®’s 2023 FutureTechs Rock Awards.

Key Points: 
  • Taeler Coverdale, a Collision Repair student at Universal Technical Institute in Houston, Texas has been named as Grand Prize Winner in TechForce Foundation®’s 2023 FutureTechs Rock Awards.
  • I’m in utter shock right now,” said Taeler upon learning she is this year’s Grand Prize Winner.
  • The student with the most votes was Taeler, earning her the Grand Prize from among ten contenders who were all Category Winners.
  • Through the FutureTechs Rock Awards TechForce and its partners have awarded 50 transportation technician students with over $67,000 in prizes and scholarships since 2019.

Modern Diesel in Austin, TX Continues Partnership with Universal Technical Institute to Bring on the Next Generation of Diesel Technicians

Retrieved on: 
Thursday, March 2, 2023
UTI, Student, Universal Technical Institute, Partnership, Rail transport

AUSTIN, Texas, March 2, 2023 /PRNewswire/ -- Modern Diesel, the leading diesel repair shop in Austin, is proud to announce its continued partnership with Universal Technical Institute, a trade school in Austin.

Key Points: 
  • AUSTIN, Texas, March 2, 2023 /PRNewswire/ -- Modern Diesel, the leading diesel repair shop in Austin, is proud to announce its continued partnership with Universal Technical Institute, a trade school in Austin.
  • This partnership is focused on bringing on the next generation of diesel technicians through internships offered through Modern Diesel's direct relationship with UTI.
  • Kary Sabedra, owner of Modern Diesel, has always been dedicated to providing high-quality diesel repair services to Austin residents.
  • Modern Diesel and UTI are committed to providing students with real-world experience in the diesel repair industry.

Concorde Adds New Diagnostic Medical Sonography (DMS) Program in Denver Area

Retrieved on: 
Tuesday, February 28, 2023
Aurora, Universal Technical Institute, Knowledge, DMS, Hospital Insurance and Diagnostic Services Act, Curriculum, BLS, Student, Concorde, Nursing, Diagnostic medical sonography, Bureau of Labor Statistics, AURORA, Health

AURORA, Colo., Feb. 28, 2023 /PRNewswire/ -- Concorde Career Colleges, Inc., the health care division of Universal Technical Institute, Inc. and operating 17 health care focused campuses across eight states, announced the addition of an associate degree program in Diagnostic Medical Sonography (DMS) at its Aurora, Colorado campus. This is the ninth campus to offer the DMS degree program. The accelerated diagnostic program will provide pathways for students to pursue careers as medical sonographers and ultrasound technicians in as few as 20 months.

Key Points: 
  • The accelerated diagnostic program will provide pathways for students to pursue careers as medical sonographers and ultrasound technicians in as few as 20 months.
  • The diagnostic medical sonography program follows Concorde's introduction of a cardiovascular sonography associate degree program last year.
  • "Adding the DMS associate degree program makes sense as it rounds out our academic portfolio of diagnostic field programs that includes radiologic technology and cardiovascular sonography.
  • In as few as 20 months, students will gain the foundational medical knowledge and practical sonography skills and prepare for a board certification exam covering:

TechForce Invites Public to Celebrate Student Technicians by Voting for FutureTechs Rock Awards™ Grand Prize Winner

Retrieved on: 
Monday, February 27, 2023
Automotive Manufacturing, Aerospace, Manufacturing, Continuing, Human Resources, University, Primary, Secondary, Training, Education, Professional Services, Performance & Special Interest, Motorcycles, General Automotive, Automotive, Machine Tools, Metalworking & Metallurgy, Engineering, Universal Technical Institute, Technology High School, Secondary school, Transport, Portland Arts and Technology High School, AutoZone, Workforce, Category, Tertiary, CRC Industries, School, Cengage, Temple University, ATV, Service King Collision Repair, Watercraft, Western Technical College, Prize, CRC, WD-40 Company, Advance Auto Parts, CNC, Industrial, Student, Volvo, Nursing, Nissan

The Grand Prize public vote in TechForce Foundation’s 5th annual FutureTechs Rock Awards is now open.

Key Points: 
  • The Grand Prize public vote in TechForce Foundation’s 5th annual FutureTechs Rock Awards is now open.
  • TechForce created this prestigious award to honor aspiring technicians and recognize students with a promising future in the transportation industry.
  • Grand Prize voting is open for one week, from Monday, February 27 to Friday, March 3.
  • With the 5th annual FutureTechs Rock Awards, TechForce and its partners have awarded 50 transportation technician students with over $67,000 in prizes since 2019.

Coliseum Nominates Slate of Highly Qualified and Engaged Director Candidates for Election at Purple Innovation 2023 Annual Meeting

Retrieved on: 
Monday, February 13, 2023
Professional Services, Finance, WHEN, SPAC, PwC, NYSE, PRPL, Person, Hoby, Universal Technical Institute, ITS, Roger W. Jones Award for Executive Leadership, OPCH, CCP, Logitech, Bias, Pleasure, Interim, CCM, Risk, IPO, Marketing, Head, Growth, Skullcandy, AT, NO, Partner (business rank), Volcom, General counsel, Hope, Investment, Security (finance), Work, Common stock, Letter, Sport, VIA, ModivCare, UTI, Bain & Company, SVP, Latham & Watkins, Lead, Red Lion Hotels, Compensated emancipation, D1 Capital Partners, Exercise, UPON, NKE, Holding company, Cryptocurrency, Management, Purple, Colosseum, Shareholder

If Mr. DeMartini is not re-elected, Coliseum intends to recommend that he be immediately appointed a director.

Key Points: 
  • If Mr. DeMartini is not re-elected, Coliseum intends to recommend that he be immediately appointed a director.
  • Coliseum also confirmed that it is no longer pursuing its September 2022 proposal to acquire the remaining shares not owned by Coliseum.
  • 1 Purple common stock closed at $4.56 on February 10, 2023 and $40.05 per share on February 19, 2021.
  • 3 Purple common stock closed at $4.56 on February 10, 2023 and $40.05 per share on February 19, 2021.

Universal Technical Institute Reports Fiscal Year 2023 First Quarter Results

Retrieved on: 
Wednesday, February 8, 2023
Public expenditure, Bank statement, CARES Act, Strategic planning, Security (finance), Fifth Third Bank, Acquisition, National Association, Table, EBITDA, Disclosure, GAAP, Regulation Fair Disclosure, Credit, Credit agreements in South Africa, Failure, Forecasting, Concorde, Universal Technical Institute, Regulation, Unemployment, Advertising, COVID-19, Depreciation, Social media, Online shopping, Bank, Bookkeeping

Management will hold a conference call to discuss the financial results for the fiscal 2023 first quarter ended December 31, 2022, on Wednesday, February 8, 2023, at 4:30 p.m.

Key Points: 
  • Management will hold a conference call to discuss the financial results for the fiscal 2023 first quarter ended December 31, 2022, on Wednesday, February 8, 2023, at 4:30 p.m.
  • A live webcast of the call will be available via the Universal Technical Institute, Inc. investor relations website at https://investor.uti.edu .
  • Please go to the website at least 10 minutes early to register, download and install any necessary audio software.
  • Alternatively, the telephone replay can be accessed through February 22, 2023, by dialing (877) 344-7529 (domestic) or (412) 317-0088 (international) and entering passcode 5718590.

NP Digital is Awarded Agency Partner of the Year from Client Partner Universal Technical Institute

Retrieved on: 
Thursday, February 9, 2023
Content marketing, Marketing, UTI, Advertising, SEO, Professional, SAN, Partnership, NP, Digital, Universal Technical Institute

SAN DIEGO, Feb. 09, 2023 (GLOBE NEWSWIRE) -- NP Digital , a leader in performance marketing, today became the first independent performance marketing agency to receive the Universal Technical Institute (UTI) Agency Partner of the Year.

Key Points: 
  • SAN DIEGO, Feb. 09, 2023 (GLOBE NEWSWIRE) -- NP Digital , a leader in performance marketing, today became the first independent performance marketing agency to receive the Universal Technical Institute (UTI) Agency Partner of the Year.
  • The UTI marketing team presents the award for exceptional service and effective management of the integrated team across all UTI online marketing initiatives.
  • This category is awarded to the agency partner who has showcased excellence in partnership with Universal Technical Institute across the board.
  • “UTI is delighted to show our appreciation to Alison and acknowledge the well-deserved recognition for NP Digital as our Agency Partner of the Year.