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- Universal Technical Institute Inc (NYSE:UTI) is expanding its growth strategy by adding fifteen new programs across its campus footprint.
- The programs include Aviation, HVACR, Robotics, Industrial Maintenance and Wind Energy Technician training to UTI and NASCAR Technical Institute (NTI) branded campuses.
- With the recent acquisition of MIAT College of Technology, Universal Technical Institute plans to introduce MIAT programs to its UTI and NTI institutions.
- The company expects the move to increase the size of its addressable market.
- Price Action: UTI shares are trading lower by 2.14% at $8.68 on the last check Thursday.