TTM Technologies, Inc. Prepares for the Future with the Acquisition of A Facility in Wisconsin and Land in Penang

Published: 2025-07-09 09:21:01 ET TTMI

Published on 07/09/2025 at 09:21

TTM Technologies, Inc. announced the acquisition of a 750,000-square-foot facility in Eau Claire, Wisconsin, as well as land rights for an additional future manufacturing site in Penang, Malaysia. Together, these new investments support TTM's strategy to offer regionally optimized, globally connected manufacturing solutions for customers. With a diversified production network spanning North America and Asia, TTM is uniquely positioned to provide the scale, flexibility, and supply chain security that global customers demand.

The Eau Claire, Wisconsin facility was previously owned and operated by TDK for the production of disk drive products. The facility is in excellent condition and comes with the necessary infrastructure to support advanced technology PCB manufacturing. As a result, TTM will significantly shorten the lead time required to bring new U.S. domestic capacity online as required by customers.

This facility enhances the company's ability to support future high-volume U.S. production of advanced technology PCBs across key markets, particularly data center computing and networking for generative AI applications. Additionally, TTM has acquired land rights for ten acres in Penang to establish a new production site that aligns with customers' increasing interests in supply chain diversification beyond China. The future Penang facility will enable TTM to deliver cost-competitive, high-quality advanced technology PCB manufacturing within Southeast Asia, enhancing geographic flexibility and balance across its global footprint.

This new facility will be in close proximity to TTM's existing facility and is expected to support similar commercial markets such as data center computing, networking and medical, industrial, and instrumentation.