The TTM Technologies manufacturing plant on Severn Road in Sterling.

Circuit board manufacturer TTM Technologies is upgrading its Loudoun County operations with a $13.4 million investment expected to create 43 new jobs

The Board of Supervisors on Tuesday is expected to approve a $150,000 Commercial Business Incentive Fund grant as part of the Department of Economic Development’s effort to secure the re-investment in the manufacturing plant located along Rt. 28 in Sterling. Also, the state government has offered the company $36,750 through the Virginia Jobs Investment Program grant.

According to information provided to the county board, the investment is expected to generate $250,000 in new tax revenue during the next three years. 

Founded in 1998, TTM—which stands for time to market—manufactures mission systems, radio-frequency components/RF microwave/microelectronic assemblies, and quick-turn and technologically advanced printed circuit boards. The California-based company has more than 200 employees at its Loudoun location.

The new project involves the purchase of $13.4 million in equipment and a $1.3 million renovation of its plant on Severn Way.

According to the Department of Economic Development, the company was considering making the expansion at its facilities in California, Colorado, Connecticut, North Carolina, Ohio, or Oregon. The publicly traded company is consolidating and modernizing its facilities, including an announcement in November that it will build a $130 million manufacturing plant next to its operations near Syracuse, NY.

“TTM Technologies’ expansion demonstrates Virginia’s thriving tech and manufacturing ecosystems can support the growth of our corporate partners with competitive global industries,” Gov. Glenn Youngkin stated in an announcement. “Reshoring the production of complex printed circuit boards in Virginia is another boost for our manufacturing sector, and we are proud that TTM has found the right location, business climate, and workforce to grow its capacity and capabilities here in the Commonwealth.”

County supervisors hailed the investment as an important part of Loudoun’s business landscape. 

“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,” County Chair Phyllis J. Randall (D-At Large) stated.

“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,” stated Supervisor Koran Saines (D-Sterling). “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.”

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