Articles from Lincoln Educational Services

Partnership will help Marino Group subsidiary rapidly grow technician workforce by 2029.

Parsippany, NJ, May 21, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC), a national leader in specialized technical training for more than 75 years, today announced that Scott Shaw, President and CEO, and Brian Meyers, Chief Financial Officer, will be attending several investor conferences and meetings in May and June, highlighting the continued business momentum and growth drivers generating increased shareholder valuation.

Parsippany, NJ, May 10, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQLINC), a national leader in specialized technical training for more than 75 years, has expanded its training partnership with Peterbilt Motors Company to offer specialized diesel technician training at its Denver, CO campus. The Peterbilt Technician Institute (PTI) at Lincoln Tech will assist Lincoln graduates in building additional skills for Peterbilt-specific equipment and technologies, and in starting new careers at Peterbilt locations across the country.

Live webcast will also be available online

Presentation will be webcast at 9:15am ET on March 14th

Parsippany, NJ, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced that it has entered into a $40 million revolving credit facility with Fifth Third Bank. The credit agreement, which has a term of 36 months and matures on February 16, 2027, is for an aggregate principal amount of $40 million, including a $10 million sublimit for letters of credit and an additional accordion option to upsize the credit facility by an additional $20 million upon satisfaction of certain terms and conditions. The proceeds may be used for working capital, general corporate purposes and to support the Company’s strategic growth initiatives, including program and campus expansions.

Parsippany, NJ, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQLINC), a national leader in specialized technical training for more than 75 years, has entered into a sale-leaseback agreement for the property located at 311 Veterans Highway, Levittown, PA. As previously reported, the Company purchased this 90,000 square foot facility in September 2023. 

Real estate deals advance Lincoln Educational Services’ strategic growth initiatives for 2024 and beyond, expanding Southern presence and moving historic Nashville campus to a more modern facility.

Presentation will be webcast at 9:15am ET on September 20th

Cooperative effort with global auto-innovator reinforces Lincoln’s commitment to delivering industry-leading EV training program for its students; first class set to begin August 28.

Nearly 250 students have transitioned directly into HVAC/R careers with the global leader in commercial refrigeration upon graduation.

Parsippany, NJ, June 26, 2023 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC), a leading provider of specialized technical training, including automotive technology, the skilled trades, healthcare, IT, culinary, and cosmetology, announces that it has been added to the broad-market Russell 3000® Index, effective today after the US markets open, as part of the 2023 Russell Indexes reconstitution

The school will remain in operation at the current site while a new campus location is determined.

Parsippany, NJ, May 24, 2023 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC), a leading provider of specialized technical training, including automotive technology, the skilled trades, healthcare, IT, culinary, and cosmetology has been included in the preliminary list of additions to the annual reconstitution of the broad-market Russell 3000® Index. The list including Lincoln was posted to the FTSE Russell website following the close of the U.S. markets on May 19, 2023. The annual reconstitution is effective as of the U.S. market open on June 26, 2023.  

Parsippany, NJ, May 18, 2023 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC), a leading provider of specialized technical training, including automotive technology, the skilled trades, healthcare, IT, culinary, and cosmetology, today announced that Scott Shaw, President and Chief Executive Officer, will participate in a fireside chat at the 23rd Annual B. Riley Institutional Investor Conference on Wednesday, May 24th at 7:30am PDT. The conference is being held at The Beverly Hilton in Beverly Hills, CA.

Collaboration with Hunter Engineering expands career opportunities for students, offers training to local shop techs; Lincoln Tech will become first school nationwide to receive exclusive Hunter heavy-duty truck lift.

Parsippany, NJ, April 18, 2023 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQLINC), a national leader in specialized technical training for more than 75 years, announced today that it has retained Cushman & Wakefield as its exclusive real estate services provider across the United States.

Employer-paid diesel training program expected to start this summer at historic training site.

Global brand looks to hire Lincoln graduates for HVAC and Electrical positions; opens student lounge on Atlanta, GA campus

Director of Education at Grand Prairie, TX campus follows a family tradition of hands-on manufacturing career excellence.

The advanced training program at Lincoln’s Grand Prairie, TX campus has produced over 200 technicians since 2018 with a 96% job placement rate.