This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Penske Truck Leasing Establishes Diesel Excellence Scholarship Program With Universal Technical Institute (UTI) Foundation

READING, Pa., May 2, 2013 /PRNewswire-USNewswire/ -- Penske Truck Leasing has established the Penske Truck Leasing Diesel Excellence Scholarship through the Universal Technical Institute (UTI) Foundation. The new scholarship program is being established through a gift of $100,000 to the UTI Foundation and is intended for students attending any of the Universal Technical Institute's eight campuses across the country that offer an auto diesel-training program.

(Photo:  http://photos.prnewswire.com/prnh/20130502/DC06394)

"Well-trained technicians play an absolutely critical role in the success of our customers," said Penske Truck Leasing President and CEO Brian Hard. "We are pleased to collaborate with Universal Technical Institute. The UTI program provides students with a solid foundation in the core skills needed to maintain today's advanced diesel engines."

The Penske Truck Leasing Diesel Excellence Scholarship will be awarded each quarter to up to three students. Each $3,000 scholarship will help to offset education expenses for qualifying UTI students who apply and meet the scholarship's requirements, which include a written application and 3.5 GPA or higher.

"The UTI Foundation is thrilled to partner with Penske Truck Leasing on this important scholarship," said Veronica Meury, UTI Foundation Vice President and Executive Director. "According to the U.S. Department of Labor, Bureau of Labor Statistics, employment of diesel service technicians and mechanics is expected to grow 15 percent between now and 2020. The Penske Truck Leasing Diesel Excellence Scholarship will help to train diesel repair technicians to receive the technical education they need to follow their passion and pursue successful careers while meeting this emerging workforce need."

The Penske Truck Leasing scholarship program will begin in summer 2013 with the first application deadline of June 15, 2013. For more information about the Penske Truck Leasing Diesel Excellence Scholarship, visit the UTI Foundation website: www.utifoundation.net.

About UTI Foundation The UTI Foundation, a 501(c)(3) Arizona nonprofit, is the umbrella organization for all Universal Technical Institute, Inc. (NYSE: UTI) not-for-profit initiatives and is dedicated to raising funds to support and encourage technical education for the automotive, diesel, collision repair, motorcycle, marine, NASCAR and other transportation industries through scholarships, grants, career development and other special programs. For more information, visit www.utifoundation.net.

About Universal Technical Institute Headquartered in Scottsdale, Arizona, Universal Technical Institute, Inc. (NYSE: UTI) is the leading provider of post-secondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians. With more than 160,000 graduates in its 47-year history, UTI offers undergraduate degree, diploma and certificate programs at 11 campuses across the United States, as well as manufacturer-specific training programs at dedicated training centers. Through its campus-based school system, UTI provides specialized post-secondary education programs under the banner of several well-known brands, including Universal Technical Institute (UTI), Motorcycle Mechanics Institute and Marine Mechanics Institute (MMI) and NASCAR Technical Institute (NASCAR Tech).

About Penske Truck Leasing Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture of Penske Corporation, Penske Automotive Group and General Electric Capital Corporation. A leading global transportation services provider, Penske operates more than 200,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, used truck sales, transportation and warehousing management and supply chain management solutions. To learn more about Penske's products and services please visit http://www.GoPenske.com and our "Move Ahead" blog. Penske on social media: Facebook, Twitter, LinkedIn, Google+ and YouTube.

CONTACT: Sue Cardillo McMahon & Cardillo O: 412-921-6222 x3 C: 412-287-6752

Randy Ryerson Dir., Corp. Comm. Penske Truck Leasing 610-775-6408

SOURCE Universal Technical Institute Foundation

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,279.74 +13.75 0.08%
S&P 500 2,010.40 -0.96 -0.05%
NASDAQ 4,579.7890 -13.6380 -0.30%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs