Apprenticeship Training Industry

NAICS: 611513

For additional companies see the Technical & Trade Schools Industry

Apprenticeship Training Market Share: Largest Companies in the Apprenticeship Training Industry

Company	Headquarters	Revenue ($ MM)
NEW ENGLAND CARPENTERS TRAINING FUND	Millbury, MA	100
INTERNATIONAL MASONRY INSTITUTE	Bowie, MD	70
CONNECTICUT PLUMBERS & PIPEFITTERS JATC APPRENTICESHIP SCHOOL & TRAINING FUND	Meriden, CT	47
MANUFACTURERS TECHNICAL INSTITUTE	Kansas City, MO	40
WISCONSIN OPERATING ENGINEERS SKILL IMPROVEMENT & APPRENTICESHIP FUND	Pewaukee, WI	39
NORTHEAST CARPENTERS APPRENTICESHIP FUND	Edison, NJ	37
GULF COAST CARPENTERS & MILLWRIGHTS TRAINING TRUST	Austin, TX	34
IMPACT CENTER	Fairfield, CA	32
LAS VEGAS PLUMBERS & PIPEFITTERS	Las Vegas, NV	27
FINISHING TRADES INSTITUTE OF NY	Long Island City, NY	26
SUCCESS CENTER SAN FRANCISCO	South San Francisco, CA	24
ILLINOIS LABORERS & CONTRACTORS TRAINING TRUST FUND	Mount Sterling, IL	23
CRCD ENTERPRISES	Los Angeles, CA	20
MERKAZ BNOS BUSINESS SCHOOL	Brooklyn, NY	17
EASTERN MILLWRIGHTS REGIONAL COUNCIL APPRENTICESHIP & TRAINING FUND	Framingham, MA	15
CARPENTER'S JOINT APPRENTICE COMMITTEE	Philadelphia, PA	14
VERMONT YOUTH CONSERVATION CORPS	Richmond, VT	14
PROFESSIONAL TRAINING CENTER	Fresno, CA	14
URBAN TILTH	Richmond, CA	14

This is a list of the largest companies active in the Apprenticeship Training industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Apprenticeship Training industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Apprenticeship Training Companies

A list of competitors in the Apprenticeship Training industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Apprenticeship Training businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Apprenticeship Training companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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