TTM Technologies has announced plans to build a new manufacturing facility in Dewitt, New York. The company, which manufactures technology solutions, will invest $130 million into the greenfield high-tech manufacturing facility, generating 400 new jobs for the surrounding area. The plant, which will be co-located near TTM’s existing facility, will produce ultra-high density interconnect PCBs. According to the company, investments will also be made in research and development to “further integrated-circuit substrate and HDI PCB technologies.” In addition, TTM will receive up to $17 million in performance-based Excelsior Jobs Tax Credits from Empire State Development (ESD), as well as a $5 million capital grant from the Upstate Revitalization Initiative.
In a recent quote, TTM Technologies Executive Vice President and President of the Aerospace & Defense Sector Catherine Gridley said, “We expect the investment and standup of this capability to be another step toward creating a secure, trusted, and resilient national microelectronic supply chain. 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.”
Investing in American Manufacturing - 2023
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.