Universal Technical Institute, Inc. (NYSE: UTI) has announced the planned opening of three new campus locations in fiscal 2027 as part of its multi-year North Star strategy. The first three campuses will be UTI-Salt Lake City, Concorde-Houston, and Concorde-Atlanta, pending regulatory approvals. UTI-Salt Lake City will occupy nearly 113,000 square feet and serve over 3,000 students, offering programs in aviation maintenance technology, automotive/diesel, electrical & industrial maintenance technology, electrical, electronics & industrial technology, electrical, robotics & automation, HVACR, and welding. On the other hand, Concorde-Houston and Concorde-Atlanta will each occupy around 45,000 and 47,000 square feet, serving up to 700 students and providing a range of nursing, dental, diagnostic, patient care, and allied health programs.
The company's strategic momentum includes the acceleration of its growth, diversification, and optimization plans, which involve opening multiple campuses annually between 2026 and 2029, launching new programs at existing campus locations, and enhancing operations for more efficient resource utilization. Earlier this year, UTI announced new campuses in San Antonio and Atlanta, scheduled to open in 2026, offering various training programs such as airframe & powerplant, electrical & industrial maintenance technology, electrical & wind turbine technology, electrical, electronics & industrial technology, electrical, robotics & automation, HVACR, welding, and automotive/diesel. Additionally, the company broke ground on a new campus in Fort Myers, Florida, dedicated solely to dental hygiene and dental assistant programs, scheduled to open in November.
The company's Chief Executive Officer, Jerome Grant, highlighted the significance of these new campuses in strengthening the company's position in training programs for skilled collar and healthcare workers, aiming to meet the unique demands of employers in these markets. The Corporate Chief Operating Officer, Todd Hitchcock, emphasized that expanding access to their workforce solutions will drive sustainable growth through innovation and partnerships, reaching more students and employers with industry-aligned training that offers pathways for upward mobility.
The company is set to host its fourth quarter and full year 2025 earnings call on Wednesday, November 19 at 4:30 pm Eastern. As a result of these announcements, the company's shares have moved 1.06% on the market, and are now trading at a price of $28.62. If you want to know more, read the company's complete 8-K report here.
