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 in the News: April 2025

Scroll through CMTA's round-up of manufacturing-related news and updates from April 2025. The articles below don’t reflect the views of the manufacturing industry or CMTA. They are a collection of the latest industry news from this past month.   Latest Industry...

First Major Tankless Brand Assembled in U.S. Joins CMTA

Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) welcomed new member Rinnai to the organization. Rinnai America Corporation, a subsidiary of Rinnai Corporation in Nagoya, Japan, was established in 1974. With a global perspective to...

Porsche Consulting Joins CMTA’s Member Network

Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) welcomed new member Porsche Consulting to the organization in March. The consulting firm is a leading management consultancy from Germany with offices located around the world. It...

Schneider Electric Joins CMTA

Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) welcomed new member Schneider Electric to the organization today. Schneider Electric is a global industrial technology leader and a powerhouse of energy distribution, industrial...

Largest Flexible Packaging Manufacturer for Produce Joins CMTA

Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) welcomed new member Emerald Packaging to the organization today. For 60 years, Emerald Packaging has been reinventing produce packaging and is the largest flexible packaging...

As Seen On TV: Women in Manufacturing California-Made Products

California-made products were recently featured on ABC10, CBS Sacramento, and Fox40, highlighting the creativity and innovation driving the state’s manufacturing industry. These TV segments lead up to CMTA’s 4th Annual Women MakingCA Conference on Thursday, March 13,...

Leading Developer in Energy Storage Solutions Joins CMTA

Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) welcomed new member Convergent Energy and Power (Convergent) to the organization today. Convergent is a leading provider of energy storage solutions in North America. The...

Press Release

CMTA Welcomes Financial Institution, First Citizens Bank, to Organization

Dec 20, 2023

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.

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