Universal Technical Institute, Inc. Celebrates 60 Years of Training America's Workforce

Rhea-AI Summary

Universal Technical Institute (NYSE: UTI) is celebrating its 60th anniversary in 2025, marking the occasion with CEO Jerome Grant and executives ringing the NYSE Opening Bell. From its humble beginnings with five students, UTI has transformed into a major workforce education provider, training tens of thousands annually in transportation, skilled trades, electrical, energy, and healthcare.

The company's growth has been driven by its North Star strategy, launched in 2020, focusing on growth, diversification, and optimization. Key acquisitions include MIAT College of Technology in 2021 (adding aviation, energy, and robotics programs) and Concorde Career Colleges in 2022 (expanding into healthcare). UTI recently reported strong Q2 FY2025 results, leading to raised guidance for FY2025.

Positive

• Strong Q2 FY2025 performance leading to raised FY2025 guidance
• Successful diversification through strategic acquisitions (MIAT and Concorde)
• Continued execution of North Star strategy with additional growth expected through 2029

Negative

• None.

Company Leadership Honors Significant Milestone by Ringing The Opening Bell^®
of The New York Stock Exchange

PHOENIX, May 29, 2025 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE: UTI), a leading workforce education provider for transportation, skilled technicians, electrical, energy and healthcare, is marking 60 years of training America's workforce in 2025. The company's CEO, Jerome Grant, and his executive leadership team recently honored the occasion by ringing The Opening Bell^® of The New York Stock Exchange.

"This anniversary milestone is significant for both our rich history and our successful transformation into an American leader in workforce education," said Jerome Grant. "What initially began 60 years ago as a training program with five students is now a multi-division company that educates tens of thousands of students annually, and is recognized for our student outcomes and employer satisfaction—which in turn promote shareholder value."

In 2020, Mr. Grant and his leadership team launched their multi-phase North Star strategy of growth, diversification and optimization to meet the high demand for skilled collar workers in the U.S. The second phase of the North Star strategy, currently underway, is expected to deliver considerable incremental growth by fiscal 2029.

In 2021, the company acquired MIAT College of Technology, which added aviation, energy and robotics to the UTI division's portfolio of transportation and skilled trade programs. With the 2022 acquisition of Concorde Career Colleges, which specializes in dental, nursing and allied health, Universal Technical Institute entered the high-demand healthcare space.

"Today's company is stronger, more diverse and more resilient as a result of our successful North Star strategy," said Mr. Grant. "We are realizing our fullest potential as an industry training partner, and I am confident our market position will continue to grow as we reach even more students in new geographies."

Universal Technical Institute, Inc. recently reported its financial results for the second quarter of fiscal 2025. The company continues to deliver financial and operational outperformance and, as a result, raised its FY 2025 guidance.

More information about Universal Technical Institute, Inc., including recent media interviews with CEO Jerome Grant and the company's most recent investor presentation, can be found here.

About Universal Technical Institute, Inc. 
Universal Technical Institute, Inc. (NYSE: UTI) was founded in 1965 and is a leading workforce solutions provider serving students, partners and communities nationwide.  The company offers high-quality education and support services for in-demand careers via its two divisions: UTI and Concorde Career Colleges. The UTI division operates 15 campuses located in nine states and offers a wide range of transportation, skilled trades, electrical and energy training programs.  Concorde operates across 17 campuses in eight states and online, offering programs in the allied health, dental, nursing, patient care and diagnostic fields. For more information, visit www.uti.edu or www.concorde.edu; LinkedIn at @UniversalTechnicalInstitute and @Concorde Career Colleges; or X at @news_UTI and @ConcordeCareer.

Media Contact
Susan Aspey
saspey@uti.edu
202.549.0534

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SOURCE Universal Technical Institute, Inc.

FAQ

What significant milestone is UTI stock (NYSE: UTI) celebrating in 2025?

Universal Technical Institute is celebrating its 60th anniversary in 2025, marking six decades of training America's workforce. The milestone was celebrated by CEO Jerome Grant and executives ringing the NYSE Opening Bell.

What acquisitions has Universal Technical Institute (UTI) made since 2020?

UTI made two major acquisitions: MIAT College of Technology in 2021 (adding aviation, energy, and robotics programs) and Concorde Career Colleges in 2022 (expanding into healthcare, dental, nursing, and allied health).

What is UTI's North Star strategy and when was it launched?

The North Star strategy, launched in 2020 by CEO Jerome Grant, focuses on growth, diversification, and optimization. The strategy's second phase is currently underway and is expected to deliver significant incremental growth by fiscal 2029.

How did Universal Technical Institute (UTI) perform in Q2 2025?

UTI reported strong financial and operational performance in Q2 fiscal 2025, which led the company to raise its guidance for FY2025.