TTM Technologies Acquires 750,000-Square-Foot Facility in Eau Claire
formerly operated by TDK, the site will be TTM's second Wisconsin facility
TTM Technologies, a leading manufacturer of technology solutions across the globe, is expanding its footprint in the Chippewa Valley. The company announced its acquisition of the former Hutchinson Technology building, located on the north side of Eau Claire, on Wednesday, July 9.
The 750,000-square-foot facility was previously owned by TDK and housed Hutchinson Technology – which produced disk drive products – and is a prime site for TTM, thanks to its production-focused infrastructure. It will be TTM’s second facility in Wisconsin, joining its longtime Chippewa Falls site (234 Cashman Dr.) which employs hundreds of people.
“The facility is in excellent condition and comes with the necessary infrastructure to support advanced technology PCB (Printed Circuit Board) manufacturing. As a result, TTM will significantly shorten the lead time required to bring new U.S. domestic capacity online as required by customers,” a recent media release stated.
"Wisconsin is a recognized leader in precision manufacturing, and this facility is ready-made for TTM to strengthen its domestic customer relationships and grow quickly to produce critical electronic components such as printed circuit boards (PCB's). We look forward to partnering with TTM to ensure their continued success in our state."
MISSY HUGHES
CEO & SECRETARY OF WISCONSIN ECONOMIC DEVELOPMENT CORPORATION
“The Eau Claire facility represents a critical leap forward in TTM’s ability to support customers requiring high volume, advance technology (in) U.S. PCB manufacturing,” TTM President and CEO, Tom Edman, said.
As described in the media release, the new facility will enhance TTM’s ability to produce high-volume products across several key markets, particularly data center computing and networking for “generative AI applications.”
Missy Hughes, secretary and CEO of the Wisconsin Economic Development Corporation, said the move is a win for Eau Claire – and the entire state.
“Wisconsin is a recognized leader in precision manufacturing, and this facility is ready-made for TTM to strengthen its domestic customer relationships and grow quickly to produce critical electronic components such as printed circuit boards (“PCB”s),” Hughes said in the media release. “We look forward to partnering with TTM to ensure their continued success in our state.”
TTM has 23 specialized facilities in North America and Asia Pacific, with nearly 50% of its net sales found in the aerospace and defense end markets. Its portfolio includes the U.S. Army, U.S. Navy, and the U.S. Air Force, among other direct government customers.
TTM has also acquired land rights for 10 acres in Penang, Malaysia, to create a new production site that “aligns with customers’ increasing interests in supply chain diversification beyond China,” the media release stated.
As noted by NAI Commonweal's most recent Chippewa Valley area market report, the former Hutchinson Technologies building accounted for about 7% of Eau Claire's vacant industrial space. With the building now off the market, the area is certainly in need of additional industrial real estate in order to attract new businesses.
View TTM Technologies' full media release online, here. TTM Technologies currently operates a facility in Chippewa Falls.
