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TTM Technologies Buys 750K-Square-Foot Facility In Eau Claire, Wisconsin, And Land Rights For Additional Future Manufacturing Site In Penang, Malaysia

Benzinga·07/09/2025 12:05:40
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TTM Technologies, Inc. (NASDAQ:TTMI), a leading global manufacturer of technology solutions including mission systems, radio frequency ("RF") components and RF microwave/microelectronic assemblies, quick-turn and technologically advanced printed circuit boards ("PCB"), today 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.

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.

The company does not expect significant impact to the results of operations or financial condition for 2025 from these investments.