BNET Industries
Market Cap:$470.1M
Last Fiscal Year Sales:$669.4M
- Public
- US
Dow Jones Description
We are a one-stop provider of time-critical and technologically complex printed circuit boards (PCBs) and backplane assemblies, which serve as the foundation of sophisticated electronic products. We serve high-end commercial and aerospace/defense markets including the networking/communications infrastructure, defense, high-end computing, and industrial/medical markets which are characterized by high levels of complexity and moderate production volumes. Our customers include original equipment manufacturers (OEMs), electronic manufacturing services (EMS) providers, and aerospace/defense companies. Our time-to-market and high technology focused manufacturing services enable our customers to reduce the time required to develop new products and bring them to market.
Chief Executive Officer, President, and Director
Kenton K. AlderNumber of Employees 3,585
Peer Companies
NAICS Code Electronic Connector Manufacturing: 334417
Recent Events
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TTM Technologies to acquire printed circuit board business of Meadville
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UPDATE 2-TTM to buy Meadville PCB business for $521 mln
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TTM Rises on Deal That's Set to Double Sales
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TTM Technologies Provides Guidance
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TTM Technologies To Close Hayward And Los Angeles Facilities; Reaffirms Q3 Guidance - Update
News & Analysis
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ttm technologies inc. - All News and Analysis
TTM Technologies Q3 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. We will now beginning the question and answer session. (Operator’s instructions) Our first question comes from the line of Amit Daryanani, go ahead. Amit Daryanani – RBC Capital Markets Thanks all, good afternoon guys. I just had a quick question, I...
TTM Technologies, Inc. Q4 2008 Earnings Call Transcript
Question-and-Answer Session Operator Thank you, sir. Operator instructions. Our first question comes from the line of Shawn Harrison with Longbow Research. Please go ahead. Shawn Harrison – Longbow Research Good evening, Steve and Kent. Just I wanted to get to the incremental margins. It looks like you are being...
TTM Technologies: An Electronic Manufacturing Services Bargain
Tom Armistead submits: TTM Technologies TTMI is attractively valued at the 12/17/08 closing price of 5.36. The price represents a TTM P/E of 4.7, for a solid competitor with an excellent 10 year growth record. Based on the successful integration of its 2006 acquisition of Tyco's backplane operation, strong operational...
TTM Technologies, Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer Session Operator Thank you, sir. Ladies and gentlemen, at this time, we will begin our question-and-answer session. Operator instructions Our first question is from the line of Steven Fox with Merrill Lynch. Please go ahead. Steven Fox – Merrill Lynch Hi. Good afternoon, a couple of...
TTM Technologies, Inc. Q2 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Our first question is from the line of Amit Daryanani with RBC Capital Markets. Please go ahead. Amit Daryanani – RBC Capital Markets Thanks, good afternoon guys. Just a question, I guess, looking at the guidance, midpoint it looks like things would...
TTM Technologies, Inc. to Participate in Upcoming Investor Events
Company to Present at JPMorgan 36th Annual Technology Conference and Host TTM Analyst Event SANTA ANA, Calif. -- TTM Technologies, Inc. (Nasdaq:TTMI), a leading manufacturer of time-critical, technologically advanced printed circuit boards, will participate in the JP Morgan 36th Annual Technology Conference on Wednesday, May 21, 2008 at the...
TTM Technologies Inc. Q1 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Our first question is from Kevin Kessel from Bear Stearns. Please go ahead. Kevin Kessel - Bear Stearns Hey guys, I was just curious, in terms of the Networking and Communications strength that you saw in the quarter, can you just give us...
TTM Technologies, Inc. Prices $155 Million of 3.25% Convertible Senior Notes
SANTA ANA, Calif. -- TTM Technologies, Inc. (Nasdaq:TTMI) today announced the pricing of $155 million aggregate principal amount of 3.25% Convertible Senior Notes due 2015 in an underwritten public offering. The offering is being made pursuant to TTM's effective shelf registration statement previously filed with the Securities and Exchange Commission...
TTM Technologies, Inc. to Offer $125 Million of Convertible Senior Notes
SANTA ANA, Calif. -- TTM Technologies, Inc. (Nasdaq:TTMI), North America's largest printed circuit board PCB manufacturer, today announced its intention to offer, subject to market and other conditions, $125 million aggregate principal amount of Convertible Senior Notes due 2015 in an underwritten public offering. The offering will be made pursuant...
TTM Technologies Inc. Q4 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions The first question comes from the line of Mat Sheerin, with Thomas Weisel Partners Mat Sheerin - Thomas Weisel Partners So, this question is on the book to bill, which has been hired in the industry. If you were to back out the military...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Kenton K. Alder | Chief Executive Officer, President, and Director |
| Shane S. Whiteside | Executive Vice President, Chief Operating Officer |
| Steven W. Richards | Executive Vice President, Chief Financial Officer |
| Doug Soder | Executive Vice President |
| Douglas L. Soder | Executive Vice President |
| Clay Swain | Senior Vice President Marketing |
| O. Clay Swain | Senior Vice President, Sales |
| Dale Knecht | Vice President, Information Technology |
| Daniel L. Felsenthal | Vice President |
| Jeanette Newman | Vice President, Human Resources |
| Tony Sanchez | Vice President & Corporate Controller |
| John G. Mayer | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Robert E. Klatell | Chairman and Director |
| Richard P. Beck | Chairman |
| Thomas T. Edman | Chairman |
| James K. Bass | Board of Directors |
| Michael E. Moran | Vice Chairman |
| Richard P. Back | Board of Directors |
Kenton K. Alder has served as our Chief Executive Officer, President and Director since March 1999. From January 1997 to July 1998, Mr. Alder served as Vice President of Tyco Printed Circuit Group Inc., a printed circuit board manufacturer. Prior to that time, Mr. Alder served as President and Chief Executive Officer of ElectroStar, Inc., a publicly held printed circuit board manufacturing company, from December 1994 to December 1996. From January 1987 to November 1994, Mr. Alder served as President of Lundahl Astro Circuits Inc., a predecessor company to ElectroStar. Mr. Alder holds a Bachelor of Science in Finance and a Bachelor of Science in Accounting from Utah State University.
| Organization | Position | Status |
|---|---|---|
| TTM Technologies, Inc. | Chief Executive Officer, President, and Director | Current |
| TTM Technologies, Inc. | Board of Directors | Current |
| Electro Star | Chief Executive Officer | Former |
| Electro Star | President | Former |
| Utah State University | Bachelor of Science In Finance | Former |
| Organization | Position | Status |
|---|---|---|
| TTM Technologies Advanced Circuits Div. | COO | Current |
| TTM Technologies, Inc. | Executive Vice President, Chief Operating Officer | Current |
| TTM Technologies, Inc. | Vice President | Former |
| Power Circuits Inc. | Director of Operations | Former |
| University of California, Irvine | Bachelor of Arts In Economics | Former |
Steven W. Richards has served as our Chief Financial Officer since November 2005. From May 2000 to October 2005, Mr. Richards was our Vice President and Treasurer. Prior to joining TTM Technologies, Mr. Richards worked for Atlantic Richfield, an oil and gas company, from June 1996 to April 2000 in financial planning, analysis and reporting. Mr. Richards holds a Bachelor of Journalism degree from the University of Missouri, Columbia, a Master of Business Administration degree from the University of Southern California and holds the Chartered Financial Analyst designation.
| Organization | Position | Status |
|---|---|---|
| TTM Technologies, Inc. | Executive Vice President, Chief Financial Officer | Current |
| TTM Technologies, Inc. | Board of Directors | Current |
| ARCO | Former | |
| University of Southern California | Master of Business Administration Degree | Former |
| University of Missouri | Bachelor of Journalism Degree | Former |
| University of Missouri-Columbia | Bachelor of Journalism Degree | Former |
Doug Soder recently joined TTM Technologies as Executive Vice President. He formerly was Executive Vice President of Tyco Electronics Printed Circuit Group since January 2001. Mr. Soder began his career in 1983 as a Sales Engineer with AMP Inc. From 1983 to 1989, Mr. Soder held a progression of sales assignments culminating with Account Executive assignments for IBM. In 1989, Mr. Soder joined TEPCG as a Regional Sales Manager. From 1989 to 1994, Mr. Soder held a number of Regional Sales Manager assignments and helped establish a national manufacturing representative network for the business. In 1994, Mr. Soder returned to AMP Inc., serving as Regional Sales Manager for AMP-AKZO, the company's PCB joint venture with Akzo Nobel Corp. In 1996, Mr. Soder re-joined TEPCG as Vice President of Sales & Marketing, a role he held for four years. Mr. Soder received his Bachelor of Arts in Political Science from Dickinson College.
| Organization | Position | Status |
|---|---|---|
| TTM Technologies, Inc. | Executive Vice President | Current |
| Dickinson College | Bachelor of Arts In Political Science | Former |
Douglas L. Soder recently joined TTM Technologies as Executive Vice President. He formerly was Executive Vice President of Tyco Electronics - Printed Circuit Group since January 2001. Mr. Soder began his career in 1983 as a Sales Engineer with AMP Inc. From 1983 to 1989, Mr. Soder held a progression of sales assignments culminating with Account Executive assignments for IBM. In 1989, Mr. Soder joined TE - PCG as a Regional Sales Manager. From 1989 to 1994, Mr. Soder held a number of Regional Sales Manager assignments and helped establish a national manufacturing representative network for the business. In 1994, Mr. Soder returned to AMP Inc., serving as Regional Sales Manager for AMP - AKZO, the company's PCB joint venture with Akzo Nobel Corp. In 1996, Mr. Soder re-joined TE - PCG as Vice President of Sales & Marketing, a role he held for four years. Mr. Soder received his Bachelor of Arts in Political Science from Dickinson College.
| Organization | Position | Status |
|---|---|---|
| TTM Technologies, Inc. | Executive Vice President | Current |
| Dickinson College | Bachelor of Arts In Political Science | Former |
O. Clay Swain has served as our Senior Vice President, Marketing since November 2005, having served as our Vice President, Sales and Marketing since September 2001, as our Vice President, Sales since June 2000 and as our National Sales Manager from March 2000. From July 1999 to February 2000, Mr. Swain served as General Manager of Tyco Printed Circuit Group, Logan Division, a publicly held printed circuit board manufacturing company. From January 1997 to June 1999, Mr. Swain served as Director of Sales of Tyco Printed Circuit Group. From December 1994 to December 1996, Mr. Swain served as National Sales Manager of ElectroStar, Inc., previously a publicly held printed circuit board manufacturing company. Mr. Swain holds a Bachelor of Science and a Master in Business Administration from Utah State University.
| Organization | Position | Status |
|---|---|---|
| TTM Technologies, Inc. | Senior Vice President Marketing | Current |
| Electro Star | National Sales Manager | Former |
| Utah State University | Master In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| TTM Technologies, Inc. | Senior Vice President, Sales | Current |
| Electro Star | Sales Manager | Former |
| Utah State University | Master In Business Administration | Former |
| Utah State University | Bachelor of Science | Former |
| Organization | Position | Status |
|---|---|---|
| TTM Technologies, Inc. | Vice President, Information Technology | Current |
| AMP Ltd. | Manager | Former |
| Lafayette College | Bachelor of Science In Mathematics | Former |
| Organization | Position | Status |
|---|---|---|
| TTM Technologies, Inc. | Vice President | Current |
Jeanette Newman has served as our Vice President, Human Resources since January 2006, having served as the Human Resources Director for our Burlington Division since 2002. Prior to joining TTM Technologies, Ms. Newman served from 2000 to 2002 as Human Resources Director for BroadBand Office.com, a start-up company. From 1995 to 2001, Ms Newman was a Human Resource Consultant and Generalist with MCI WorldCom. Ms Newman holds a degree in Human Resource Management from George Mason University, Virginia, and Certification in Human Resource Organization Development from University of Virginia.
| Organization | Position | Status |
|---|---|---|
| TTM Technologies, Inc. | Vice President, Human Resources | Current |
| TTM Technologies, Inc. | Human Resources Director | Former |
| MCI WorldCom | Human Resource Consultant | Former |
| George Mason University | Degree In Human Resource Management | Former |
| George Mason University | Degree In Human Resource Management | Former |
| University of Virginia | Certification in Human Resource Organization Development | Former |
| Organization | Position | Status |
|---|---|---|
| TTM Technologies, Inc. | Vice President & Corporate Controller | Current |
| TTM Technologies, Inc. | Board of Directors | Current |
| Golden Gate University | Master of Business Taxation | Former |
| Organization | Position | Status |
|---|---|---|
| TTM Technologies, Inc. | Chairman and Director | Current |
| TTM Technologies, Inc. | Director | Current |
| Datascope Corp. | Board of Directors | Current |
| DICOM Group plc | Chief Executive Officer | Former |
| Arrow Electronics, Inc. | Chief Financial Officer | Former |
| Arrow Electronics, Inc. | Executive Vice President | Former |
| Arrow Electronics, Inc. | consultant | Former |
| DICOM Group plc | Board of Directors | Former |
| Mediagrif Interactive Technologies, Inc. | Board of Directors | Former |
| New York University | Juris Doctorate | Former |
| New York University School of Law | Juris Doctorate | Former |
| Williams College | Bachelor of Arts Degree In History | Former |
| Datascope Corp. | member | Former |
| Organization | Position | Status |
|---|---|---|
| TTM Technologies, Inc. | Chairman | Current |
| Advanced Energy Industries, Inc. | Chairman | Current |
| TTM Technologies, Inc. | Director | Current |
| Applied Films Corporation | Board of Directors | Current |
| Advanced Energy Industries, Inc. | Chief Financial Officer | Former |
| Cimage Corporation | Chief Financial Officer | Former |
| Cimage Corporation | Executive Vice President | Former |
| Advanced Energy Industries, Inc. | Senior Vice President | Former |
| Applied Films Corporation | Chairman of the Board | Former |
| Babson College | Master of Business Administration | Former |
| Babson College | Bachelor of Science In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Applied Films Corporation | President & CEO | Current |
| Applied Materials, Inc. | Vice President | Current |
| Acquisitions Ltd. | Corporate Vice President | Current |
| Emerging Business Group | Corporate Vice President | Current |
| TTM Technologies, Inc. | Chairman | Current |
| American Electronics Association | Board of Directors | Current |
| Usdc | Board of Directors | Current |
| TTM Technologies, Inc. | Director | Current |
| Applied Films Corporation | Chief Operating Officer and Executive Vice President | Former |
| Applied Materials, Inc. | General Manager Emerging Business Group | Former |
| Marubeni Specialty Chemicals | General Manager | Former |
| High Performance Inc | General Manager | Former |
| Acquisitions Ltd. | General Manager | Former |
| Emerging Business Group | General Manager | Former |
| Wharton Graduate School of the University of Pennsylvania | Master's Degree In Business Administration | Former |
| Yale University | Bachelor of Arts Degree In East Asian Studies | Former |
| Wharton Graduate School of the University of Pennsylvania | Bachelor of Arts Degree In East Asian | Former |
| Organization | Position | Status |
|---|---|---|
| The New Piper Aircraft, Inc. | Chief Executive Officer | Current |
| The New Piper Aircraft, Inc. | Director | Current |
| TTM Technologies, Inc. | Board of Directors | Current |
| Eftc | Chief Executive Officer | Former |
| Sony Corporation | Senior Vice President | Former |
| The New Piper Aircraft, Inc. | Senior Executive | Former |
| The Ohio State University | B.S.M.E. | Former |
John G. Mayer has served as our Director since September 2000. Mr. Mayer is presently retired. From January 1997 to November 1999, Mr. Mayer served as Vice President of Tyco Printed Circuit Group, Inc., a printed circuit board manufacturer. Mr. Mayer served as Chief Operating Officer of ElectroStar, Inc., previously a publicly held printed circuit board manufacturing company, from December 1994 to December 1996. From April 1986 to November 1994, Mr. Mayer served as President of Electro-Etch Circuits, Inc., a predecessor company to ElectroStar. Mr. Mayer holds a Bachelor of Arts in History, the Arts and Letters from Yale University and a Juris Doctorate from UCLA School of Law. The board has determined that Mr. Mayer is an independent director.
| Organization | Position | Status |
|---|---|---|
| TTM Technologies, Inc. | Director | Current |
| Electro Star | Chief Operating Officer | Former |
| University of California, Los Angeles School of Law | Juris Doctor | Former |
| University of California, Los Angeles | Juris Doctor | Former |
| Yale University | Bachelor of Arts In History | Former |
| University of California, Los Angeles School of Law | Bachelor of Arts In History | Former |
| University of California, Los Angeles | Bachelor of Arts In History | Former |
| Organization | Position | Status |
|---|---|---|
| Bristol Investment Group, Inc. | Managing Partner | Current |
| Air Evac EMS, Inc. | Chairman | Current |
| Pennant Foods | Chairman | Current |
| Celeste Industries Corporation | Chairman | Current |
| TTM Technologies, Inc. | Vice Chairman | Current |
| Electro Star | Director | Former |
| DePaul University | MBA | Former |
| Drake University | BS | Former |
| Organization | Position | Status |
|---|---|---|
| TTM Technologies, Inc. | Board of Directors | Current |
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