Universal Technical Institute Orlando – Universal Technical Institute Inc. (UTI), one of the leading providers of transportation technician training, will expand its footprint in Florida by 2022 with a new campus in the greater Miami area. This will be UTI’s 14th campus nationwide and second in Florida. UTI began serving students in Orlando, Florida through the Motorcycle Mechanics Institute in 1986, and later expanded its offerings to include marine, automotive and diesel vehicles.
UTI has leased a facility in Miramar, which will serve students and employers locally and throughout the region. The approximately 100,000-square-foot campus will feature innovative and efficient use of space in support of UTI’s student-centered blended learning curriculum, including both digital and hands-on learning elements.
Universal Technical Institute Orlando
UTI plans to offer programs in high-demand fields, including automotive, diesel and welding technology, with the ability to add additional programs in the future. The company is targeting the opening of the new campus in the fourth quarter of fiscal year 2022, subject to obtaining the necessary regulatory approvals and the completion of campus construction.
Trade & Vocational Mechanic School In Florida
“Florida is an important market for us and our employer partners, and we are excited to expand there,” said Jerome Grant, CEO of UTI. “For more than 30 years, UTI has supported students at our Orlando campus to graduate with the skills employers want so they can be employed in great jobs. home The Greater Miami area is a market where our proven evaluation criteria reflect strong student interest in our programs and employer demand for skilled technicians.
Florida is one of two states where UTI plans to expand in fiscal year 2022. UTI previously announced plans to open a third Texas campus, in Austin, in the second quarter of fiscal year 2022. The new campuses will allow students to train close to home in markets with strong demand from students for training and demand from industry for trained technicians.
UTI has a proven model for launching new campuses, contributing to incremental revenue growth and positive Adjusted EBITDA in its first full year of operation. With the expected efficiency of the blended learning education model and plans for increased campus utilization, the company expects the financial returns of the new campuses to be more favorable than its traditional metro campuses. .
The two new campuses are part of UTI’s growth and diversification strategy, which involves both building more efficient and commuter-friendly campuses in high-demand markets, as well as an expanded range of specialist business education offerings. As part of the latter, UTI last month announced a definitive agreement to acquire the MIAT College of Technology, which will allow UTI to expand its program offerings to campuses across the country in the fields of where the demand for trained talent is growing and is directly aligned with the industry. demand in the areas of aviation maintenance, energy technology, wind power, robotics and automation.
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For more information on UTI’s growth and diversification strategy, see the latest presentation on its investor relations website at https://investor.uti.edu/image/Growth_Diversification_Strategy_Update.pdf .
Headquarters: Troy, Michigan. Key Executive: Russ Stebbins, Managing Director of the Global Aftermarket Business Unit.
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