TTM Technologies, Inc., a global manufacturer of technology solutions, intends to invest up to $130 million to build a greenfield high-tech manufacturing facility in the Town of DeWitt, Onondaga County. Governor Kathy Hochul and Senate Majority Leader Charles Schumer made the announcement on Wednesday and said the investment will create an estimated 400 good-paying jobs.
TTM will produce ultra-high density interconnect PCBs, TTM’s most advanced PCBs that will be primarily used for U.S. military applications and crucial to the U.S. semiconductor industry, at its new facility, which will be co-located on 24 acres adjacent to TTM’s existing production facility in DeWitt. TTM’s new plant will be one of the first in the nation to specialize in manufacturing PCBs and advanced packaging. TTM will also invest in research and development that will further integrated circuit substrate and HDI PCB technologies across the United States.
The planned Central New York facility is expected to bring disruptive capability for the ultra-HDI PCBs. It is expected to be one of the largest PCB manufacturing sites in North America with an advanced, highly optimized process to allow for shorter lead times, faster delivery, and a significant increase in domestic capacity for ultra-HDI PCBs, which are smaller and lighter than other PCBs and offer more reliable signals at higher speeds. In addition, this facility will be TTM’s most sustainable site in North America. These circuit boards are a vital component of the microelectronics industry, supporting the growth of the domestic semiconductor industry.
To support the construction of TTM’s proposed facility, 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. Additionally, ESD has awarded TTM a $5 million capital grant from the Upstate Revitalization Initiative for reimbursement for machinery and equipment.
“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 Hochul said. “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.”
Senate Majority Leader Charles Schumer said, “Syracuse will be the heart of America’s semiconductor superhighway, and just one week after winning an exclusive federal Tech Hub designation, I am thrilled TTM Technologies now plans to supercharge Onondaga County with nearly 400 new good-paying jobs bringing circuit board production back from overseas! With each week it becomes clearer the future of semiconductor manufacturing will be in Syracuse and Upstate NY. When I wrote my CHIPS & Science Act I did so with the vision that all the components of the supply chain for this revolutionary technology would be stamped ‘Made in New York’ and with TTM planning to make their DeWitt expansion one of the first in the nation to manufacture these advanced circuit boards, that vision is one step closer to becoming a reality. Earlier this year, I personally called TTM’s CEO to make the case that Upstate New York is the next frontier for tech manufacturing and the perfect place to grow their business, and I’m glad they heeded my call. I applaud TTM for this major investment and thank Governor Hochul and local leaders for their partnership in helping secure this investment and further positioning Upstate NY as a leader for America’s critical microelectronics supply chains that power everything from data centers to the power grid to aerospace engineering.”
Onondaga County Executive Ryan McMahon said, “The selection of Onondaga County by TTM Technologies for their new greenfield high-tech manufacturing facility and the hundreds of new jobs it will create, serves as further validation that Onondaga County is the leader in this exciting and rapidly growing industry. Just as important, it is further proof that the partnerships and collaboration we have built over the last 4 years continue to produce real results for the people of Onondaga County. Thank you to everyone who made this historic investment possible and remains as optimistic as ever about the future of Onondaga County.”