Lincoln Educational Services Expands Footprint with Second Campus in New York
Lincoln Educational Services (NASDAQ: LINC) has announced the signing of a lease for a new campus in Hicksville, New York, marking its second location in New York and 11th in the tri-state area. The 65,000 square-foot training center, set to open in late 2026, will offer specialized career training in automotive, welding, HVAC, and electrical/electronics fields.
The expansion follows the successful launch of Lincoln's East Point, Georgia campus, which achieved profitability within its first year. The Hicksville facility will complement Lincoln's Queens automotive campus and address the projected demand for 54,000 automotive technicians in New York by 2030. The company plans to implement similar strategies that proved successful at the East Point location, focusing on state-of-the-art facilities and modern equipment.
Lincoln Educational Services (NASDAQ: LINC) ha annunciato la firma di un contratto di locazione per un nuovo campus a Hicksville, New York, segnando la sua seconda posizione nello Stato di New York e l'undicesima nell'area tri-statale. Il centro di formazione di 65.000 piedi quadrati, destinato ad aprire alla fine del 2026, offrirà formazione professionale specializzata nei settori automobilistico, saldatura, HVAC e elettrico/elettronico.
L'espansione segue il lancio di successo del campus di Lincoln a East Point, in Georgia, che ha raggiunto la redditività nel suo primo anno. La struttura di Hicksville completerà il campus automobilistico di Lincoln a Queens e risponderà alla domanda prevista di 54.000 tecnici automobilistici a New York entro il 2030. L'azienda prevede di attuare strategie simili a quelle che si sono dimostrate efficaci nella sede di East Point, concentrandosi su strutture all'avanguardia e attrezzature moderne.
Lincoln Educational Services (NASDAQ: LINC) ha anunciado la firma de un contrato de arrendamiento para un nuevo campus en Hicksville, Nueva York, marcando su segunda ubicación en Nueva York y la undécima en el área triestatal. El centro de capacitación de 65,000 pies cuadrados, que abrirá a finales de 2026, ofrecerá formación profesional especializada en los campos de automoción, soldadura, HVAC y eléctrico/electrónica.
La expansión sigue al exitoso lanzamiento del campus de Lincoln en East Point, Georgia, que alcanzó la rentabilidad en su primer año. La instalación de Hicksville complementará el campus de automoción de Lincoln en Queens y abordará la demanda proyectada de 54,000 técnicos automotrices en Nueva York para 2030. La compañía planea implementar estrategias similares que resultaron exitosas en la ubicación de East Point, enfocándose en instalaciones de última generación y equipos modernos.
링컨 교육 서비스 (NASDAQ: LINC)가 뉴욕 힉스빌에 새로운 캠퍼스를 위한 임대 계약을 체결했다고 발표했습니다. 이는 뉴욕의 두 번째 지점이자 트라이-주 지역의 열한 번째 지점입니다. 65,000 제곱피트 규모의 교육 센터는 2026년 말에 개장할 예정이며, 자동차, 용접, HVAC 및 전기/전자 분야의 전문 직업 훈련을 제공할 것입니다.
이번 확장은 링컨의 조지아주 이스트 포인트 캠퍼스의 성공적인 개장 이후 이루어진 것으로, 이스트 포인트 캠퍼스는 첫 해에 수익성을 달성했습니다. 힉스빌 시설은 링컨의 퀸즈 자동차 캠퍼스를 보완하며 2030년까지 뉴욕에서 54,000명의 자동차 기술자에 대한 예상 수요를 충족시킬 것입니다. 회사는 이스트 포인트 위치에서 성공을 거둔 유사한 전략을 시행할 계획이며, 최첨단 시설과 현대적인 장비에 중점을 둘 것입니다.
Lincoln Educational Services (NASDAQ: LINC) a annoncé la signature d'un bail pour un nouveau campus à Hicksville, New York, marquant son deuxième emplacement à New York et le onzième dans la région des trois États. Le centre de formation de 65 000 pieds carrés, qui devrait ouvrir fin 2026, proposera une formation professionnelle spécialisée dans les domaines automobile, soudage, CVC et électrique/électronique.
Cette expansion fait suite au lancement réussi du campus de Lincoln à East Point, en Géorgie, qui a atteint la rentabilité au cours de sa première année. L'établissement d'Hicksville complétera le campus automobile de Lincoln à Queens et répondra à la demande projetée de 54 000 techniciens automobiles à New York d'ici 2030. L'entreprise prévoit de mettre en œuvre des stratégies similaires à celles qui ont fait leurs preuves à East Point, en se concentrant sur des installations à la pointe de la technologie et des équipements modernes.
Lincoln Educational Services (NASDAQ: LINC) hat die Unterzeichnung eines Mietvertrags für einen neuen Campus in Hicksville, New York bekannt gegeben, was den zweiten Standort in New York und den elften im Dreistaatenbereich markiert. Das 65.000 Quadratfuß große Ausbildungszentrum, das Ende 2026 eröffnet werden soll, wird eine spezialisierte Berufsausbildung in den Bereichen Automobil, Schweißen, HVAC und Elektro/Elektronik anbieten.
Die Erweiterung folgt auf den erfolgreichen Start des Lincoln-Campus in East Point, Georgia, der im ersten Jahr profitabel war. Die Einrichtung in Hicksville wird den Lincoln-Campus für Automobiltechnik in Queens ergänzen und die voraussichtliche Nachfrage nach 54.000 Kfz-Technikern in New York bis 2030 bedienen. Das Unternehmen plant, ähnliche Strategien umzusetzen, die sich am Standort East Point als erfolgreich erwiesen haben, mit einem Fokus auf moderne Einrichtungen und Geräte.
- New 65,000 sq ft campus expansion in high-demand New York market
- East Point, Georgia campus achieved profitability in first year of operations
- Strategic expansion addressing projected demand for 54,000 automotive technicians by 2030
- Two-year wait until new campus revenue generation (late 2026 opening)
- Significant capital investment required for new facility and equipment
Insights
The expansion into Hicksville marks a significant strategic move for Lincoln Educational Services. The 65,000 square-foot facility represents substantial growth potential in the high-demand tri-state area. The successful track record of the East Point, Georgia campus, achieving profitability in its first year, sets a promising precedent for this new location.
The timing aligns well with projected market demands, particularly the need for 54,000 automotive technicians in New York by 2030. This expansion strengthens Lincoln's market position in technical education, especially considering their established presence through the Queens campus. The multi-disciplinary approach offering automotive, welding, HVAC and electrical training diversifies revenue streams and addresses various workforce needs.
This expansion represents a calculated investment in Lincoln's growth strategy, building on their successful East Point campus model. The decision to lease rather than purchase provides financial flexibility while expanding market presence. The 2026 operational timeline allows for measured capital allocation and proper market preparation.
The focus on high-demand technical fields positions LINC to capitalize on strong employment trends in the region. With a market cap of
Hicksville, NY Campus Expected to Commence Operations late 2026
Parsippany, NJ, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for more than 75 years, today announced that it has signed a lease for a new campus in Hicksville, New York, representing the Company’s second campus in New York and 11th in the tri-state area. The campus demonstrates a commitment to its strategic growth plan, and follows the successful launch of the Company’s newest campus in East Point, Georgia earlier this year. The Hicksville campus is expected to commence operations towards the end of 2026 and will focus on preparing students for hands-on careers in high-demand industries.
The 65,000 square-foot training center will offer specialized career training in automotive, welding, HVAC and electrical and electronics fields. This new facility will increase Lincoln’s presence in the tri-state, complementing its closest flagship automotive campus in Queens, New York which has been operating for nearly 20 years. With demand for approximately 54,000 talented automotive technicians by 2030, the State of New York is certainly a region with abundant employment opportunities to meet strong student demand.1
“Our 11th campus in the tri-state area is an exciting development and represents significant growth potential for Lincoln as we plan to leverage our brand name in the region where we have successfully operated for over 75 years and have seen thousands of students graduate and start careers in in-demand fields,” commented Scott Shaw, President and CEO. “Our recently launched campus in East Point, Georgia has generated tremendous interest, and its performance has exceeded our expectation as it became profitable within its first year of operations. We plan to deploy and incorporate the same ‘wow’ factor at the Hicksville campus to deliver exceptional training in a state-of-the-art facility, featuring modern classrooms and equipment. The East Point performance is very encouraging and we are optimistic that the Hicksville campus also has great potential.”
1 National Center for O*NET Development. New York Employment Trends: 49-3023.00 - Automotive Service Technicians and Mechanics. O*NET OnLine. Retrieved January 9, 2023, from https://www.onetonline.org/link/localtrends/49-3023.00?st=NY&g=Go
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About Lincoln Educational Services Corporation
Lincoln Educational Services Corporation is a leading provider of diversified career-oriented post-secondary education. Lincoln offers recent high school graduates and working adults career-oriented programs in five principal areas of study: automotive technology, health sciences, skilled trades, business and information technology, and hospitality services. Lincoln has provided the workforce with skilled technicians since its inception in 1946 and currently operates 22 campuses in 14 states.
For more information, go to lincolntech.edu.
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