TTM Technologies to build $130M PCB manufacturing facility in Penang, Malaysia

TTM TECHNOLOGIES INC

Total capex of $130M spread from 2022 to 2025; Phase 1 capacity targets ~$180M revenue by 2025.
Construction starts 2022, pilot production in H2 2023, volume production 2024; 27-acre site at Science Park.
Facility to serve commercial markets: networking/telecom, data center, medical, industrial, instrumentation.
Already secured long-term customer commitments for supply chain diversification; 25% Phase 2 expansion potential.

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