PENANG, April 25 (Bernama) — TTM Technologies, Inc. (NASDAQ: TTMI) (TTM), a leading U.S. based global manufacturer of printed circuit boards (PCBs), radio frequency (RF) components and RF microwave/microelectronic assemblies, held its groundbreaking ceremony today to celebrate its new manufacturing plant in Penang, Malaysia. The proposed capital investment for this plant is USD130 million (approximately RM550 million) through 2025.
YAB Tuan Chow Kon Yeow, Chief Minister of Penang; YB Dato’ Haji Abdul Halim Bin Haji Hussain, Penang Exco for Trade, Industry and Entrepreneurial Development; Ms. Lim Bee Vian, Deputy Chief Executive Officer (DCEO), Investment Development, of the Malaysian Investment Development Authority (MIDA); YBhg. Dato’ Loo Lee Lian, Chief Executive Officer, InvestPenang and Thomas Edman, President and Chief Executive Officer, TTM Technologies, Inc. were at the event. They were accompanied by Philip Titterton, Executive Vice-President and Chief Operating Officer, TTM Technologies, Inc.; and Anthony Sandeen, President, Automotive and Medical, Industrial & Instrumentation (AMI&I) Business Unit, TTM Technologies, Inc.