TTM Technologies Celebrates Beam Signing at $130 Million Manufacturing Facility in Dewitt

A leading global manufacturer of technology solutions, TTM Technologies (TTM) is building a state-of-the-art manufacturing facility which will be co-located on approximately 23 acres adjacent to TTM’s existing production facility in the Town of DeWitt, Onondaga County. TTM is expected to invest up to $130 million for the new facility and create an additional 400 good paying jobs, bringing the company's Central New York workforce to 1,000. TTM will produce Ultra-High Density Interconnect (UHDI) Printed Circuit Boards (PCBs) that will primarily be used for U.S. military applications. TTM will also invest in research and development to further integrate substrate and UHDI PCB technologies across the United States. TTM’s new facility will be one of the first in the nation to specialize in manufacturing UHDI PCBs and advanced packaging.

“TTM’s investment in our state is proof that New York is doing it right – attracting the best companies today leading to the rebirth of manufacturing across the state creating better paying jobs for the future,” Governor Hochul said. “This project will create good-paying manufacturing jobs and make vital equipment for military applications right here in Central New York. As we celebrate Manufacturing Month, it is important to highlight the important role TTM and other companies play in strengthening both our economy and our national security.”

“TTM's project and investment in this region is further validation that Central New York is ready to lead the resurgence of advanced manufacturing and semiconductor production in the U.S. In the next decade, one if four American-made chips will be produced within 350 miles of the NY Smart I-Corridor," CenterState CEO President and CEO Robert Simpson said. "This leadership position is what is attracting investments, creating jobs, and positioning our region for growth. I am grateful to Governor Hochul and Senate Majority Leader Schumer for their support of this project because it is a clear signal to the industry of their confidence in our ability to be a global leader. We look forward to continuing our work with TTM and supporting their expanded presence in Central New York.”

The planned Central New York facility will bring disruptive capability, or the ability for a trusted manufacturer to quickly bring new and innovative technology to market for UHDI PCBs. It is expected to be one of the largest advanced PCB manufacturing facilities in North America with a highly optimized process to allow for shorter lead times, faster delivery, and a significant increase in domestic capacity. In addition, this facility will be one of TTM’s most sustainable facilities in North America. These circuit boards are a vital component of the microelectronics industry, supporting the growth of the domestic semiconductor industry that is being driven statewide by Governor Hochul and nationally by the Biden-Harris Administration’s CHIPS & Science Act.

To support the construction of TTM's facility, New York State, through 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 over 600 existing jobs in New York. As with all Excelsior Jobs projects, TTM will receive the credits after demonstrating that they have met their job and investment commitments. Additionally, ESD has awarded TTM a $5 million capital grant from the Upstate Revitalization Initiative for reimbursement for machinery and equipment. TTM will also receive a $30 million grant from the Department of Defense for the expansion. The total project cost has been placed at up to $130 million.