Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) kicked off the start of a month-long celebration to recognize California’s 30,000 manufacturers. October is known as Manufacturing Month, with the first Friday of October, October 4,...
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.
Solano Economic Development Corporation and California Manufacturers & Technology Association Announce Strategic Partnership
Sacramento, Calif. – The Solano Economic Development Corporation and the California Manufacturers & Technology Association (CMTA) announced today it is entering a strategic partnership to bridge the gap of state and local resources for advanced manufacturing...
CMTA’S President & CEO Releases Statement on Passage of AB 98 (J. Carrillo)
Sacramento, Calif. – California Manufacturers & Technology Association (CMTA) President and CEO, Lance Hastings, released the following statement on the passage of Assembly Bill 98 (J. Carrillo), the statewide mandate on warehouse operations. “On Sunday evening,...
Op-Ed: AI Needs Carefully Crafted Regulations That Foster Innovation
-This commentary was originally published in Capitol Weekly's September Issue, written by Lance Hastings and Samantha Corbin. Hastings is the President and CEO of the California Manufacturers & Technology Association (CMTA), and Corbin is the Senior Policy Advisor...
WEBINAR: Data-Driven Solutions for ESG in Manufacturing
Webinar presented by Adastra and CMTA Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) hosted an exclusive webinar with associate member Adastra, exploring data-driven ESG solutions in manufacturing on Sept. 24, 2024. CMTA's Vice...
Supply Chain Operating System Startup for Manufacturers Joins CMTA
Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) welcomed new member, Soff, to the organization today. Based in San Francisco, Soff is a supply chain operating system for manufacturing companies. The startup company works to unify...
CMTA’s CEO & President Releases Statement on Gov. Gavin Newsom Vetoing Manufacturing Tax Credit, AB 52 (Grayson)
Sacramento, Calif. – Late Friday evening, California Governor Gavin Newsom returned AB 52 (Grayson) to the Legislature without his signature. This bill would have provided an investment tax credit for the purchase of manufacturing equipment. In his veto message,...
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...
Four Products Make the Final Round of the “Coolest Thing Made in California” Contest
Voting for the winner starts Monday, Sept. 9 Sacramento, Calif. – The four finalists of the 2024 “Coolest Thing Made in California” contest, hosted by the California Manufacturers & Technology Association (CMTA), have been announced. From a pool of 138 products...
CMTA Government Relations Update: California Assembly Bill Would Create Tax Credit for Manufacturers
This month’s Government Relations Update video highlights crucial legislative developments for California’s manufacturing sector. https://youtu.be/F8B9bRRI5s8 This proposed legislation, which aims to introduce a manufacturing tax credit for qualified manufacturing...
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.