TTM Technologies Inc., a manufacturer of printed circuit boards, announced Thursday that it plans to close its Dallas, Ore., facility and transfer production to other company sites, primarily in Logan and in Redmond, Wash.
The Dallas operation, which mainly has produced commercial printed circuit boards, was part of the Tyco Printed Circuit Group business acquired in October 2006.
The approximately 300 affected employees will be offered severance and other benefits. TTM, based in Santa Ana, Calif., expects to pay approximately $2.6 million for employee severance in the first quarter of 2007. In addition to transferring assets to other sites, the company also will sell some of the Dallas property, plant and equipment.