Company: TTMI
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000950170-25-024839
Chunk: 164

Company: TTM TECHNOLOGIES INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 2
Chunk 164
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    Operating Segment
     
    Leased Square Feet

    Owned Square Feet

    Total Square Feet

    Canada

    Toronto
     
    PCB

    15,500

    99,960

    115,460

    Malaysia

    Penang
     
    PCB

    827,000

    —

    827,000

    China

    Dongguan
     
    PCB

    —

    1,069,129

    1,069,129

    Guangzhou
     
    PCB

    —

    1,872,800

    1,872,800

    Hong Kong (1)
     
    Asia Headquarters

    —

    24,640

    24,640

    Huiyang
     
    PCB

    —

    435,485

    435,485

    Suzhou
     
    RF&S Components

    68,030

    —

    68,030

    Zhongshan
     
    PCB

    —

    1,132,760

    1,132,760

    Total

    910,530

    4,634,774

    5,545,304

(1)Location of our headquarters and not a manufacturing facility.

(2)In December 2021, we entered into a joint venture agreement with our landlord, O.J.B./1600 University Boulevard, LLC, Count Du Greenmonet, LLC and GFI#2/DII, LLC, to jointly own approximately 100,896 square feet of land and building. We have a 50% ownership interest and we account for this joint venture under the equity method of accounting and do not consolidate our interest in the property.

(3)Location includes two manufacturing facilities.

We maintain our properties in good operating condition. We believe that our properties are suitable and adequate for us to operate at present levels, and the productive capacity and extent of utilization of the facilities are appropriate for our existing manufacturing requirements.

On November 1, 2023, we announced our selection of Syracuse, New York as the location for a new proposed advanced technology PCB manufacturing facility. We expect that the proposed facility will bring advanced technology capability for our domestic high-volume production of ultra-high-density interconnect (HDI) PCBs in support of national security requirements. We believe the planned investment aligns with New York State’s continuing focus on the region as a