Lincoln Educational Services Expands Footprint with Second Campus in New York

Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for over 75 years, has announced plans to expand its footprint with a new campus in Hicksville, New York. This strategic move, following the successful launch of the Company's newest campus in East Point, Georgia earlier this year, demonstrates Lincoln's commitment to its growth plan and the high demand for skilled workers in the region.

The Hicksville campus, expected to commence operations towards the end of 2026, 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 complement Lincoln's existing Queens automotive campus and address the projected demand for 54,000 automotive technicians in New York by 2030.

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 of the Hicksville campus expansion 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 $503.9M, this expansion demonstrates confidence in their business model and ability to scale. The quick profitability of the East Point campus suggests a well-developed operational blueprint that could be replicated in Hicksville, potentially accelerating time to positive ROI.



The 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.

"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."