ANAHEIM, CA -- DDi Corp. this month will invest $7.5 million on a new headquarters and manufacturing site here, the company said today.

The printed circuit board fabricator has signed an agreement to purchase an 96,000 sq. ft. building, where it will relocate its corporate headquarters and local manufacturing operations. Closing is expected to occur this month, subject to certain conditions. The company plans to complete the move into the new building before its current Anaheim leases expire at the end of the third quarter.

The move will consolidate the company's current campus, consisting of eight buildings, into a single site. The new building offers improved facility security, which is attractive to DDi's military and commercial customers, the company said.

President and chief executive Mikel Williams said, “Our current Anaheim location houses both our technology center as well as our corporate offices in eight different building structures. With the new facility, all contained in one building, our high-technology manufacturing capabilities will be further enhanced with improved manufacturing flow."

DDi currently pays annual facility-related expenses of just over $800,000. It intends to close the purchase with cash, but is exploring mortgages given the low interest rates available.

The new building comes equipped with clean rooms, filtration systems and HVAC systems, DDi said. About a third of the new building will be dedicated to offices, the rest to manufacturing.

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