Capitalizing on the solid prospect of heating, air conditioning, and refrigeration (HVACR) industry, Universal Technical Institute, Inc.'s (NYSE: UTI) namesake division initiates a nine-month HVACR technician programs at Avondale, AZ, and Long Beach, CA, campuses.
The U.S. Bureau of Labor Statistics projected 6% growth in employment for HVACR mechanics and installers from 2022 to 2032. This growth reflects the increasing demand for technicians supporting air quality and temperature control systems in various settings. The company highlights the necessity for trained HVACR technicians, particularly due to diverse temperature fluctuations across the country impacting homes and businesses. Leveraging its current campus footprint, UTI aims to rapidly expand training programs to meet industry demand.
The curriculum covers air handling, hydronics, AC and DC circuits, sheet metal ductwork, vent system installation, and troubleshooting of mechanical and electronic controls. This move signifies UTI's commitment to executing its strategy of growth, diversification, and optimization.
Image Source: Zacks Investment Research
Shares of UTI have inched up 0.8% ...
UTI) Unveils New HVACR Training Program>Full story available on Benzinga.com