Pictured: California’s Lt. Gov. Eleni Kounalakis presents the 2023 "Coolest Thing Made in California" award to Tesla on October 6, 2023. Contest starts July 29, 2024 Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) is thrilled to...
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.
Manufacturing Minute: Boeing is Building Autonomous Undersea Vehicles for the U.S. Navy in California
This week's Manufacturing Minute highlights impressive developments happening in California from two of CMTA's Board Member companies. Manufacturing Minute is released bi-weekly by the California Manufacturers & Technology Association and is powered by Tri Tool...
Manufacturing Minute: Union Pacific’s Big Boy Steam Locomotive Coming to California
This week's Manufacturing Minute brings exciting developments across the manufacturing sector in California from our CMTA members. Manufacturing Minute is powered by Tri Tool Technologies. https://youtu.be/FIaKfyv4oSM Watch the latest episode in the video player...
Manufacturing Minute: Boeing Subsidiary Leads Development of Space Defense Satellites
This week's Manufacturing Minute highlights groundbreaking advancements from our CMTA members, showcasing their commitment to innovation. Manufacturing Minute is powered by Tri Tool Technologies. https://www.youtube.com/watch?v=6Ehc8RuqQ1A Watch the latest episode in...
CMTA Government Relations Update: A Recently Expired California Incentive Program May be Reestablished
This month’s Government Relations Update video highlights crucial legislative developments for California’s manufacturing sector. https://www.youtube.com/watch?v=OOD_nmxABJo The California Legislative Summer Recess is approaching on July 3, 2024. This date marks the...
Organic Fertilizer Company, Glogens, Joins CMTA
Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) welcomed Glogens, a fertilizer and plant nutrient company, to the organization today. The Sacramento organic fertilizer company utilizes natural coal and amino acids to enhance...
Sustainable House Manufacturer, ReMo Homes, Joins CMTA
Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) officially welcomed ReMo Homes, a pioneering modular manufacturing company, to the organization today. ReMo Homes is working towards providing zero-carbon, cost-effective modular and...
Manufacturing Minute: Tandem PV Awarded $4.7 Million to Advance New Solar Technology
In this week's Manufacturing Minute, we highlight three significant developments in the manufacturing sector. Manufacturing Minute is powered by Tri Tool Technologies. https://youtu.be/FbUPSHYhM0g U.S. Department of Energy Awards CMTA Member, Tandem PV, with New...
Navigating a New Era of Manufacturing: Harnessing AI in the Industry
Webinar presented by Hitachi Digital Services and Dr. Chetan Gupta, head of AI research at Hitachi Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) hosted an exclusive webinar on the evolving landscape of the manufacturing...
California Aerospace Day Celebrates Achievements of the Golden State’s Aerospace Industry
The event co-hosted by Boeing, Lockheed Martin & Amazon Project Kuiper, showcases significance of aerospace industry and its impact on California’s economy and beyond. https://youtu.be/004LflPp2Fo?feature=shared Sacramento, Calif. – In partnership with Boeing,...
Press Release
CMTA Welcomes Financial Institution, First Citizens Bank, to Organization
Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) announced the welcome of First Citizens Bank to its associate membership today.
“CMTA has worked to promote California’s manufacturers for over 100 years, and we recognize the pivotal role that innovation and technology play in driving economic growth and prosperity,” said CMTA’s CEO & President, Lance Hastings. “We are thrilled to announce First Citizens Bank as the newest associate member of CMTA as we continue to support our manufacturers.”
First Citizens provides a wide variety of products, services, and resources to help companies build value for the future. The bank’s team of professionals help businesses set and achieve their long- and short-term goals with a supportive, relationship-banking approach.
“For 125 years, businesses and manufacturing companies of all sizes and scope have relied on First Citizens Bank to do more with the money they make, invest and borrow,” said First Citizens Bank Sacramento Area Executive Michelle Chan. “First Citizens is here for the long haul, proud to join the CMTA and help manufacturers grow. Those who choose us value the service, reliability, care and long-term thinking we bring to their business.”
The financial institution has been awarded a Top 20 institution in the U.S., with over 550 branches across California and 22 other states.
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About CMTA
The California Manufacturers & Technology Association has advocated for pro-growth laws and regulations before the California legislature and administrative agencies since 1918. The total output from manufacturing in California is $300 billion per year, roughly 10 percent of the total economic output of the state. Manufacturers employ 1.3 million Californians paying wages more than $25,000 higher than other non-farm employers in the state. For more information, visit CMTA’s website.
About First Citizens Bank
First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. Headquartered in Raleigh, N.C., and now celebrating the 125th anniversary of its founding, First Citizens has built a unique legacy of strength, stability and long-term thinking that has spanned generations. First Citizens offers an array of general banking services including a network of more than 500 branches and offices in 30 states; commercial banking expertise delivering best-in-class lending, leasing and other financial services coast to coast; innovation banking serving businesses at every stage; and a nationwide direct bank. Parent company First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than $200 billion in assets. Discover more at firstcitizens.com.