COSTA MESA, CA – TTM Technologies is closing its electronic manufacturing services plant in Juarez, Mexico, as part of a three-plant closure over the next three to six months.
TTM said it would transfer employees to other facilities or offer benefits to those employees who are not retained.
The printed circuit board manufacturer expects to lay off approximately 550 employees at the three affected plants.
The firm said it would offer customers uninterrupted support at its remaining manufacturing sites.
TTM still expects non-GAAP third quarter revenue in the range of $640 million to $680 million.