$16 million in tax breaks OK’d for tech company expansion set to create 400 jobs in DeWitt

TTM Technologies in Dewitt.

TTM Technologies is planning a $122 million expansion that the company says will create 400 jobs in DeWitt. Dennis Nett | dnett@syracuse.com

Syracuse, N.Y. -- The Onondaga County Industrial Development Agency on Thursday approved nearly $16 million in tax breaks for a technology company expansion that is to create 400 jobs in DeWitt.

The agency voted to grant TTM Technologies Inc. a payment-in-lieu-of-tax agreement that will save the company $10.6 million in property taxes over 30 years, as well as $4.5 million in sales taxes on construction materials and $825,000 in mortgage recording tax.

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