Universal (UVV)
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Hurco and Universal Robots Showcase Integrated Automation Packages at IMTS
GlobeNewswire News Room· 2024-09-06 16:00
INDIANAPOLIS, Sept. 06, 2024 (GLOBE NEWSWIRE) -- The strategic collaboration between Hurco Companies, Inc. (Nasdaq: HURC), a global leader in CNC machine tools and control technologies, and Universal Robots (UR), a pioneer in collaborative robotics, has culminated in the development of a revolutionary automation solution aimed at tackling the most significant challenge that manufacturers face today – the pervasive, and increasing, shortage of machinists and other skilled labor. While the benefits of automat ...
Why Universal Technical Institute's Strategic Expansion Makes It A Top Pick For Future Growth
Seeking Alpha· 2024-09-06 15:36
Trevor Williams The Universal Technical Institute, Inc. (NYSE:UTI) is poised for significant and sustained long-term growth. By strategically entering high-growth and high-demand industries, and by capitalizing on shifting trends in education, the company is proving to be an unstoppable growth machine. As the paradigm continues to shift towards normalizing vocational training, UTI stands very well-positioned to benefit from this trend. Introducing UTI Universal Technical Institute is an educational company ...
Universal Corporation Opens Enhanced Universal Ingredients Shank's Campus
Prnewswire· 2024-09-04 20:15
RICHMOND, Va., Sept. 4, 2024 /PRNewswire/ -- Universal Corporation (NYSE:UVV), a global business-tobusiness agriproducts company, announced today the opening of its enhanced Universal Ingredients Shank's manufacturing campus in Lancaster, Pennsylvania. The enhancement is the result of the Company's $30 million expansion project that adds new state-of-the-art beverage-focused extraction and aseptic processing technology to the existing campus. The project significantly increases the campus' physical producti ...
Universal Technical Institute Integrates EV Curriculum into BMW's Manufacturer Specific Advanced Training (MSAT) Program
Prnewswire· 2024-09-04 20:15
Beginning this month, all seven UTI campuses offering FastTrack will teach the new EV curriculum using i3 vehicles provided by BMW. PHOENIX, Sept. 4, 2024 /PRNewswire/ -- Universal Technical Institute, the transportation, skilled trades, and energy education division of Universal Technical Institute, Inc., today announced the expansion of the BMW FastTrack MSAT program to include additional EV curriculum. BMW i3BMW i3 The new EV training, developed by BMW North America, uses BMW i3 vehicles provided to UTI ...
Universal Corporation Announces Leadership Succession
Prnewswire· 2024-08-29 20:30
Leadership Transition - Preston D Wigner, currently Senior Vice President, will assume the roles of Chairman, President, and CEO effective October 1, 2024 [1] - George C Freeman III will retire from his positions as Chairman, President, and CEO, and as a Board member on October 1, 2024 [1] - Freeman will serve as Vice Chair through December 31, 2024, and as Senior Advisor through March 31, 2025 to ensure a smooth leadership transition [2] Executive Background - Wigner has over 20 years of experience at Universal, having joined in 2003 [4] - Prior to becoming Senior Vice President in December 2023, Wigner served as Vice President, General Counsel, and Secretary for nearly 20 years [4] - Wigner holds a J D from University of Richmond School of Law and a B B A in Marketing from James Madison University [4] Company Overview - Universal Corporation is a global agricultural company with over 100 years of experience [5] - The company operates in more than 30 countries across five continents, supporting over 200,000 farmers [3][5] - Universal specializes in supplying high-quality, traceable agricultural products and innovative solutions to meet customer needs [5] Strategic Direction - The leadership transition comes at a time of positive momentum following strong fiscal year results and a good start to the current fiscal year [3] - Wigner plans to advance the company's growth strategy by optimizing the tobacco business and expanding the ingredients business [3] - Universal aims to set new standards in social and environmental performance while motivating its global workforce [3] Industry Position - Universal has established itself as a trusted provider of agricultural products through its extensive supply chain expertise and global reach [5] - The company has successfully developed its Universal Ingredients business alongside its core tobacco operations [3] - Universal's sustainable supply chain operations support a diverse network of farmers and partners worldwide [5]
Universal Electronics Stock: Buy This Turnaround Story After The Recent Dip
Seeking Alpha· 2024-08-26 13:21
Universal Electronics (UEIC) has historically been a provider of TV remote control products, but the company is moving into faster-growing areas like HVAC control and home automation technology. Giuliano Benzin Universal Electronics (NASDAQ:UEIC), historically a provider of remote control products for television sets, has for years been contending with the impact of economic and technological changes. This has resulted in a massive decline in price for UEIC stock. Trading for prices north of $60 per share a ...
The Associated company joins Universal Technical Institute-Lisle's early employment program
Prnewswire· 2024-08-23 20:15
Students in the campus' automotive, diesel, robotics, industrial maintenance, and welding technician programs are eligible. PHOENIX, Aug. 23, 2024 /PRNewswire/ -- Universal Technical Institute-Lisle today announced that Associated has joined their early employment program. The campus is located outside of Chicago. As part of the early employment program, participating employers may offer 20 to 30 hours of paid work experience, consideration for full-time employment and reimbursement for education-related ex ...
Universal Logistics Holdings: This Ride Isn't Over Yet
Seeking Alpha· 2024-08-22 20:56
jimfeng/iStock via Getty Images Well over a year ago, in March 2023, I wrote a bullish article regarding Universal Logistics Holdings, Inc. (NASDAQ:ULH). For those not familiar with the company, it operates in the transportation and logistics solutions space, with a physical reach across the US, Mexico, Canada, and even Colombia. The firm provides customers with a wide array of services including truckload services, brokerage services, intermodal services, dedicated services, and even value-added services. ...
Universal Health Realty Income Trust: Growing FFO, But Interest Expense Concerns Remain
Seeking Alpha· 2024-08-14 09:08
Luis Alvarez Introduction Universal Health Realty Income Trust (NYSE:UHT) owns healthcare related facilities like medical offices and hospitals. Over the years, the company has had an exceptional record of paying a growing dividend to shareholders. With the company having just reported its second quarter results for the year, while rental revenues and FFO grew, I have concerns about dividend growth going forward given a higher payout ratio and interest rate swaps set to expire later this year. In this artic ...
Universal Technical Institute, Inc. Announces Upcoming Investor Marketing Schedule
Prnewswire· 2024-08-13 20:05
PHOENIX, Aug. 13, 2024 /PRNewswire/ -- The management team of Universal Technical Institute, Inc. (NYSE: UTI) (the "Company"), a leading workforce solutions education provider, will participate in multiple investor marketing events over the next several weeks to showcase its continued strong momentum and the recently announced next phase of the Company's North Star Strategy. The following are the Company's upcoming investor marketing events: Rosenblatt 4th Annual Technology Summit When: Monday, August 19th ...