GOVERNOR HOCHUL AND MAJORITY LEADER SCHUMER UNVEIL TTM TECHNOLOGIES’ PLANS TO INVEST UP TO $130 MILLION FOR MANUFACTURING PLANT IN THE TOWN OF DEWITT, BOOSTING UPSTATE NEW YORK’S TRANSFORMATION INTO GLOBAL CHIPMAKING HUB
Proposed Manufacturing Facility Will Produce High-Tech Printed Circuit Boards to Enhance National Security, Creating an Estimated 400 Good-Paying Jobs in Central New York – Just One Week After Region Landed Prestigious Federal Tech Hub Designation for Semiconductors
TTM Selects New York State Following Extensive Yearlong Site Assessment and Selection Process Involving 16 Other States
Builds on Governor Hochul and Majority Leader Schumer’s Continued Progress Toward Growing New York’s Semiconductor Ecosystem and Attracting 21st Century Businesses and Jobs
Governor Kathy Hochul and Senate Majority Leader Charles Schumer today announced that TTM Technologies, Inc., a leading 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, creating an estimated 400 good-paying jobs. TTM will produce ultra-high density interconnect (HDI) 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.
“From Micron’s historic investment in the Town of Clay to TTM’s plans to invest up to $130 million for a new plant in the Town of 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.”
“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 now plans to supercharge Onondaga County with nearly 400 new good-paying jobs! With each week it becomes clearer the future of semiconductor manufacturing will be in Syracuse and Upstate NY,” Majority Leader Schumer said. “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 East Syracuse 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.”
“We expect the investment and standup of this capability to be another step toward creating a secure, trusted, and resilient national microelectronic supply chain,” Catherine Gridley, Executive Vice President and President of TTM’s Aerospace & Defense Sector, 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.”
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 that is being driven statewide by Governor Hochul and nationally by Schumer’s CHIPS & Science Act.
To support the construction of TTM Technologies 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 Central New York. As with all Excelsior Jobs projects, TTM Technologies will receive the credits after demonstrating that they have met their job and investment commitments. Additionally, ESD has awarded TTM Technologies a capital grant from the Upstate Revitalization Initiative for reimbursement for machinery and equipment.
Thanks to Schumer’s CHIPS and Science Act and Governor Hochul’s efforts, including New York’s transformative Green CHIPS legislation, Upstate New York has seen a major revival in advanced manufacturing and TTM’s planned investment in Central New York builds on their continued push to establish New York State as a global chipmaking hub. Last year, Governor Hochul and Majority Leader Schumer announced an historic $100 billion investment from Micron Technologies to build a semiconductor manufacturing campus in the Town of Clay and create 50,000 new jobs. Additionally, the Governor announced the $40 million Governor’s Office of Semiconductor Expansion, Management, and Integration (GO-SEMI) as part of her 2023 State of the State address to oversee the Micron project and help continue the growth of the state’s semiconductor industry. Since launching their efforts to grow this industry, Governor Hochul and Majority Leader Schumer have announced several more semiconductor projects in New York State, including:
- Menlo Micro’s $50 million investment to build its first domestic microelectronics fabrication facility in Tompkins County, creating more than 100 new jobs;
- Semiconductor supply chain manufacturer Edwards Vacuum’s $319 million investment for a new facility in Genesee County, creating up to 165 new jobs;
- California-based designer AMD’s selection of New York State for its new research and design facilities, which will create up to 165 new jobs in Monroe and Dutchess counties;
- Corning Inc.’s $139 million investment in Monroe County, creating over 270 new, good-paying jobs in the Finger Lakes region; and
- Wolfspeed’s $1 billion, state-of-the-art, first-in-the-world silicon carbide fabrication facility in Oneida County – creating more than 600 new jobs in the next eight years.
The growth of New York’s semiconductor industry has also attracted federal and international recognition. Last month, Majority Leader Schumer announced that the Buffalo-Syracuse-Rochester region won a prestigious designation he created through the Chips and Science Act as one of 31 federal Tech Hubs – beating out hundreds of regions across the country. The TTM project supports the reshoring of semiconductor manufacturing, a critical industry cluster, to New York and serves as the missing linkage between Micron and finished microelectronics manufacturers. Empire State Development, Senator Schumer’s office, CenterState CEO and Onondaga County partnered together on this successful attraction effort.
Governor Hochul and Majority Leader Schumer also recently announced a $40 million federal Department of Defense grant, secured through the Majority Leader’s federal CHIPS and Science Act, to bolster New York’s semiconductor industry. The Majority Leader also announced a partnership with the Korea Institution for Advancement of Technology to advance semiconductor research and development at NY CREATES’ Albany Nanotech Complex.
State Senator John W. Mannion said, "Investing in innovation, creating jobs, and bolstering national security – TTM Technologies' $130 million commitment to build a state-of-the-art advanced manufacturing facility in DeWitt shows the Semiconductor Superhighway is open for business. Green Chips, the Chips and Science Act, and the new federal Tech Hub designation are quickly delivering the jobs and investments that will transform Central New York into a global technology hub. Together with Governor Hochul, Senator Schumer, and local leaders, we are united and unwavering in our commitment to building a brighter future for our communities.”
Assemblymember Pamela Hunter said, “Today, Governor Kathy Hochul and Senate Majority Leader Charles Schumer proudly announced TTM Technologies, Inc.'s groundbreaking decision to invest up to $130 million in building a cutting-edge manufacturing facility in DeWitt, Onondaga County. This strategic move by TTM, a global technology solutions leader, marks a significant leap towards making Upstate New York a global hub for chipmaking. The new facility, set to create 400 high-paying jobs, will produce ultra-high density interconnect (HDI) printed circuit boards vital for U.S. military applications and the semiconductor industry. I am thrilled by this news, which comes hot on the heels of our region's prestigious federal Tech Hub designation. I wholeheartedly appreciate the dedication and hard work of Governor Hochul and Majority Leader Schumer, whose relentless efforts have transformed our state into a beacon of innovation. This investment not only strengthens our national security but also ushers in a new era of economic prosperity for Central New York. Together, we look forward to the countless opportunities this venture will bring, cementing New York's position at the forefront of 21st-century technology.”
Empire State Development President, CEO and Commissioner Hope Knight said, "New York State is poised to lead the nation in reshoring semiconductor manufacturing and companies within the chipmaking ecosystem, thanks to the strategic bonds we have forged with our local and federal partners. The planned expansion of TTM Technologies will bring good jobs and significant private investment to Central New York, and will further support the growth of Upstate New York’s dynamic semiconductor corridor."
CenterState CEO President and CEO Robert Simpson said, “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. 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.”
TTM Technologies, Inc. is a leading global manufacturer of technology solutions including mission systems, RF components/RF microwave/microelectronic assemblies, quick-turn and technologically advanced PCBs. TTM stands for time-to-market, representing how TTM's time-critical, one-stop manufacturing services enable customers to shorten the time required to develop new products and bring them to market. Additional information can be found at www.ttm.com.