TTM Technologies Expands Operations in Loudoun County, bringing $13.4 Million Investment and 43 Jobs
TTM Technologies, a leading global printed circuit board manufacturer, announced the expansion of its operations in Loudoun County, Virginia, representing a significant investment of $13.4 Million and creating 43 new jobs. Governor Glenn Youngkin made the announcement on Friday, February 16, 2024.
Phyllis J. Randall, Chair of the Loudoun County Board of Supervisors, expressed enthusiasm for TTM Technologies’ expansion, stating, “We are pleased to see TTM Technologies expand its footprint in Loudoun County. This investment not only diversifies our economy but also demonstrates the confidence that companies have in our community as a premier destination for business growth.”
Supervisor Koran Saines, who represents the Sterling District where TTM Technologies is expanding, echoed these sentiments, remarking, “TTM Technologies’ decision to go all in with Loudoun is a testament to the strength of our local economy and the quality of our workforce. This expansion will provide valuable job opportunities for Loudoun’s skilled workers and further solidify the County’s position as a leader in advanced manufacturing.”
TTM Technologies’ expansion in Loudoun County aligns with the county’s economic development strategy of attracting and investing in innovative companies that not only bolster and diversify the local economy but enhance the region’s competitiveness in the global marketplace. TTM was awarded a Commercial Business Incentive Fund grant from the County and a Virginia Jobs Investment Program grant from the Virginia Economic Development Partnership for this expansion project.
“Our Board of Supervisors has always been forward-thinking when investing in initiatives to attract and retain high-caliber companies like TTM Technologies,” stated Buddy Rizer, Executive Director of Loudoun County’s Department of Economic Development. “Loudoun County remains committed to fostering an environment where innovative companies like TTM Technologies can Start, Scale, and Soar, contributing to the continued growth of our community and creating more #LoudounPossible stories within our economy.”
About TTM Technologies:
Founded in 1998, TTM Technologies, Inc. is a leading global manufacturer of technology solutions including mission systems, radio-frequency (RF) components/RF microwave/microelectronic assemblies, quick-turn and technologically advanced printed circuit boards. 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.
About Loudoun County Department of Economic Development:
The Loudoun County Department of Economic Development is dedicated to promoting economic growth and diversification by attracting new businesses, retaining, and expanding existing businesses, and fostering entrepreneurship in Loudoun County, Virginia.
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