News & Insights

We’re changing the narrative of the manufacturing industry one story at a time. CMTA’s award-winning storytelling team showcases California’s 30,000 manufacturers by uplifting the voices of our makers. Find industry news and the stories from those “Making California” below. 

How AB 52, Manufacturing Tax Credit, Will Expand California Jobs

California manufacturing generates more than $394 billion annually and employs more than 1.3 million people with over 30,000 firms. Our manufacturers are the most significant contributor to the United States manufacturing industry, making up 11% of the manufacturing...

Electric Motorcycle Company Ryvid Joins CMTA

Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) welcomed Ryvid, Inc. to the association today. The electric motorcycle company combines the engineering expertise of innovators with the design acumen of aerospace and automotive...

Press Release

CMTA Government Relations Update: A Recently Expired California Incentive Program May be Reestablished

Jun 21, 2024

This month’s Government Relations Update video highlights crucial legislative developments for California’s manufacturing sector. 

The California Legislative Summer Recess is approaching on July 3, 2024. This date marks the deadline for policy committees to meet and report bills, after which the State Legislature will take a break and reconvene on August 5, 2024.  

AB 2922 (Garcia), a CMTA Maker Bill, is aimed at revitalizing the recently expired Capital Investment Incentive Program. If successful, this bill will extend the program until January 1, 2035, providing financial incentives to attract qualified manufacturers to California. AB 2922 promotes economic growth, job creation, and regional development by allowing counties and cities to offer tax benefits to manufacturers with significant capital investments. This bill has been referred to the Senate Local Government Committee and represents a substantial opportunity for the state’s manufacturing sector to continue to thrive. 

Learn more about CMTA’s bills here. 

Do you want to get exclusive government relations insights from CMTA?  📲 Reach out to members@cmta.net.
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