Get our email updates

Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Advertisement
Advertisement

TTM Technologies selects DeWitt for $130M manufacturing plant, creating 400 jobs

Costa Mesa, California–based TTM Technologies Inc. plans to invest up to $130 million in a new high-tech manufacturing facility near its existing production facility in the town of DeWitt. This photo is part of a TTM marketing board displayed when the firm hosted then-Lt. Gov. Kathy Hochul on Sept. 14, 2020. (Photo by Eric Reinhardt / CNYBJ)

DeWITT, N.Y. — TTM Technologies, Inc. which already has a production facility in DeWitt, has selected the town for a new high-tech manufacturing facility that will create an estimated 400 jobs.

TTM Technologies, a global manufacturer of technology products, intends to invest up to $130 million to build the new plant, Gov. Kathy Hochul and U.S. Senate Majority Leader Charles Schumer (D–N.Y.) announced Wednesday.

TTM’s upcoming new facility will produce ultra-high density interconnect PCBs, which are described as TTM’s most advanced PCBs that will primarily be used for U.S. military applications and will also be “crucial to the U.S. semiconductor industry,” per the announcement.

(Sponsored)

The new plant will be co-located on 24 acres adjacent to TTM’s existing production facility at 6635 Kirkville Road in DeWitt. TTM Technologies is headquartered in Costa Mesa, California and acquired Anaren Inc. of DeWitt in 2018.

TTM’s new plant will be “one of the first in the nation” to specialize in manufacturing PCBs and advanced packaging. TTM will also invest in research and development that will further integrated-circuit substrate and HDI PCB technologies across the U.S.

To support the construction of TTM’s proposed facility, Empire State Development (ESD) will provide up to $17 million in performance-based Excelsior Jobs tax credits in exchange for the creation of 400 new jobs and the retention of more than 600 existing jobs in DeWitt.

As with all Excelsior Jobs projects, TTM will receive the credits after demonstrating that it has met its job and investment commitments, per the announcement. Additionally, ESD has awarded TTM a $5 million capital grant from the Upstate Revitalization Initiative for reimbursement for machinery and equipment.

“We expect the investment and standup of this capability to be another step toward creating a secure, trusted, and resilient national microelectronic supply chain,” Catherine Gridley, executive VP of TTM Technologies and president of the aerospace & defense sector, said in a news release. “Selecting Central New York for this proposed high-tech site further demonstrates TTM’s support for New York State and the NY SMART I-Corridor, and continues to solidify TTM and Central New York’s place as a leader in microelectronics.”

 

Post
Share
Tweet
Print
Email

Get our email updates

Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.