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In June 1998, UTI acquired
National Technology Transfer, Inc. (NTT) and Performance Training Associates (PTA). NTT provided intensive training seminars to technicians in sectors similar to the sectors that they served. PTA organized lecture training seminars in markets similar to NTT. The acquisition
215:
Universal
Technical Institute was founded in 1965. UTI expanded its programs with additional curricula and opened new campuses, growing internally and through acquisitions. To address the needs of industry and corporate clients, UTI started providing continuing education and training for technicians
258:
The 2012 Harkin
Commission noted that: "Compared to public colleges offering the same programs, the price of tuition is significantly higher at UTI....The same Certificate costs almost 20 times more at UTI than it does at the public college." UTI's default rate, however, was relatively low for a
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On Nov. 1, 2021, UTI announced it had completed the acquisition of MIAT College of
Technology, On June 9, 2022, the company announced plans to add 15 new programs across its national UTI/MIAT campus footprint. On Dec. 1, 2022, UTI announced it had closed on the acquisition of Concorde Career
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throughout the United States. The system offers specialized technical education programs under the banner of several brands, including
Universal Technical Institute (UTI), Motorcycle Mechanics Institute and Marine Mechanics Institute (MMI), MIAT College of Technology (MIAT), and
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In
January 1998, UTI acquired Clinton Harley Corporation and Clinton Education Group, Inc. for $ 26.3 million. Motorcycle Mechanics Institute and Marine Mechanics Institute (MMI) were operating divisions of Clinton Harley Corporation.
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Colleges, Inc., which was announced on May 3, 2022 UTI and
Concorde Career Colleges together now serve 20,000+ students across 14 states and 33 locations. Concorde Career Colleges offers more than 20 programs across the
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460:"Premier Truck Group and Universal Technical Institute Honor Transitioning Military Service Members as They Graduate from the Inaugural Class of Technician Training at Fort Bliss"
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484:"Universal Technical Institute Implements Financial Improvement Plan to Deliver $ 25 to $ 30 Million in Annualized Savings in 2017; Reaffirms 2016 Fiscal Year Outlook"
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412:"Inaugural Class of Fort Bragg BMW MSTEP Program, Taught by UTI, Celebrates Their Graduation & Prepares for New Civilian Careers as BMW Technicians"
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Since
December 2018, Universal Technical Institute has seen a significant drop in the number of students enrolled. In Spring of 2022, UTI opened the
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of NTT and PTA was completed for approximately $ 50.2 million. The NTT business was discontinued at a loss of $ 42.9 million. At the time of its
643:"Universal Technical Institute Expands Platform of Workforce Solutions Offerings with Completion of Concorde Career Colleges, Inc. Acquisition"
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598:"Universal Technical Institute Will Add 15 New Programs in Transportation and Skilled Trades Across Its National UTI/MIAT Campus Footprint"
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While
Universal Technical Institute in the past had limited access to military bases for student recruitment, as of 2021 it operates
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667:"Universal Technical Institute, Inc. to Acquire Concorde Career Colleges, Inc., a Leading Provider of Healthcare Education Programs"
816:"Universal Technical Institute Selects Miami Metropolitan Area As The Location For The Second New Campus It Plans To Open In 2022"
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740:"Universal Technical Institute Selects Bosch to Develop New Courseware Supporting its Electric Vehicle Training Strategy"
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293:. October 21, 2019, Kim McWaters resigned as CEO of Universal Technical Institute. Jerome Grant was named CEO in 2019.
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523:"Universal Technical Institute Announces Jerome A. Grant to Succeed Kimberly J. McWaters as Chief Executive Officer"
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499:"One of Arizona's longest-tenured female CEOs to retire amid losses at Universal Technical Institute"
436:"New BMW and UTI Program Prepares Service Members for Civilian Careers as BMW Automotive Technicians"
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At its peak in 2011, UTI had more than 18,000 students. Enrollment has been declining since then.
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572:"Rising from the ashes: Phoenix institute back in growth mode, acquires Michigan tech school"
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691:"Universal Technical Institute plans $ 50M acquisition of Concorde Career Colleges"
547:"Universal Technical Institute Completes Acquisition of MIAT College of Technology"
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UTI is currently in the process of updating a variety of its curriculum to include
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716:"Ford to collaborate with Universal Technical Institute on EV training curriculum"
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622:"UTI Adding New Automotive, Skilled Trade Programs | THE SHOP"
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766:"UTI stock up while stemming losses as enrollment declines"
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On
September 27, 2016, UTI reported that its president and
365:"Don't Expect Miracles from Universal Technical Institute"
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For-profit universities and colleges in the United States
385:"Universal Technical Institute, Inc. : Introduction"
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301:, Dental, Nursing, Patient Care, and Diagnostic fields.
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53:, and by adding encyclopedic content written from a
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