TTM Technologies acquires facility in Eau Claire, Wisconsin

TTM Technologies (TTMI) 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 our 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. 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.