TTM Technologies Expands DeWitt, New York, Manufacturing Operations
The new manufacturing facility, co-located on 24 acres adjacent to the company’s existing production plant, will produce ultra-high density interconnect PCBs that will be primarily used for U.S. military applications.
“We expect the investment and standup of this capability to be another step toward creating a secure, trusted, and resilient national microelectronic supply chain,” TTM Technologies Executive Vice President and President of the Aerospace & Defense Sector Catherine Gridley said. “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.”
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 Syracuse. As with all Excelsior Jobs projects, TTM will receive the credits after demonstrating that they have met their job and investment commitments.
“From Micron’s historic investment in Clay to TTM’s plans to invest up to $130 million for a new plant in DeWitt, a global chipmaking hub is rising in Central New York,” Governor Kathy Hochul noted. “TTM’s printed circuit boards sit at the cutting edge of chip technology, and thanks to New York’s robust chips ecosystem, partnerships with the Majority Leader and other stakeholders, and a bold commitment from the state, TTM is ready to join our thriving chips sector and bring 400 good-paying jobs upstate. Companies like TTM are helping to strengthen New York’s reputation as a leader for growth, innovation, and national security, and I look forward to welcoming even more 21st century businesses to our state as we continue to build the economy of tomorrow.”
Additionally, ESD has awarded TTM a $5 million capital grant from the Upstate Revitalization Initiative for reimbursement for machinery and equipment.
“TTM's investment is another critical validation of this region’s leadership in the smart systems sector. Manufacturing substrates and HDI printed circuit boards in Central New York adds to a growing and robust supply chain ecosystem that includes everything from semiconductor chips to finished microelectronics,” CenterState CEO President and CEO Robert Simpson added. “This investment is also a successful example of reshoring critical national security supply chain elements right here in Central New York. This community has demonstrated that by working together, we can continue to realize a greater level of economic competitiveness and prosperity and recapture our position as a globally relevant research and manufacturing center.”
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