Scroll through CMTA's round-up of manufacturing-related news and updates from May 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...
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: Anheuser-Busch Invests $300M in U.S. Manufacturing
Anheuser-Busch is investing $300 million in U.S. manufacturing, continuing its 165-year legacy of American production. This week’s Manufacturing Minute highlights how CMTA member companies Anheuser-Busch and John Deere, along with the Small Business Administration,...
Nationally Recognized Firm Eide Bailly Joins CMTA
Sacramento, Calif. –The California Manufacturers & Technology Association (CMTA) welcomed new member Eide Bailly to the organization today. Eide Bailly is a certified public accounting and business advisory firm, providing leaders of all levels with solutions...
CMTA Celebrates Asian American and Pacific Islander Heritage with Manufacturing Leaders
Insights with Manufacturing Leaders: AAPI Heritage Month Asian American and Pacific Islander (AAPI) Heritage Month is a time to honor the vibrant contributions, innovation, and leadership of AAPI individuals across all industries. In California’s diverse and...
California-Made Gift Guide for Mother’s Day & Father’s Day
California-Made Picks for Mother’s Day & Father’s Day With over 35,000 manufacturers across California, you're bound to find the perfect gift that’s thoughtful, high-quality, and locally made. This Mother’s and Father’s Day, surprise them with something...
J&J, Caterpillar Inc., and Novartis Invest in U.S. Manufacturing: Manufacturing Minute
This week’s Manufacturing Minute highlights CMTA members leading the way with major investments and advancements in workforce development, U.S. manufacturing, and pharmaceutical innovation. https://youtu.be/jMnlk4-ZJrk Watch the latest Manufacturing Minute episode in...
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...
Manufacturing Minute: California’s First New Steel Mill in 50 Years Begins Construction
This week's Manufacturing Minute brings attention to significant developments in steel manufacturing, electrical products, and workers' compensation solutions for California manufacturers. https://youtu.be/8VbyGGXGdgk Watch the latest Manufacturing Minute episode in...
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...
Press Release
CMTA Welcomes Financial Institution, JP Morgan Chase, to Organization

Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) welcomed JP Morgan Chase & Co. to the organization today.
JP Morgan Chase is a leading global financial services firm with a rich history of over 200 years and assets of $3.9 trillion in worldwide operations.
“We welcome JP Morgan Chase as a valued partner in driving forward California’s manufacturing and technology sectors through their deep understanding of business success,” said Lance Hastings, President & CEO of CMTA. “Their membership marks a significant milestone in our pursuit of industry innovation and economic growth as it is one of the largest financial institutions in the country.”
JP Morgan Chase is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management.
“We are deeply rooted to innovation and sustainable growth and are proud to align our expertise in Commercial Banking and Wealth Management with the California Manufacturing and Technology Association and its esteemed members,” said Ashley Grech, Vice President of JP Morgan Chase & Co. “Our history of supporting diverse industries and businesses positions us to provide tailored financial solutions that drive success in California’s vibrant manufacturing sector. Together, we look forward to fostering economic growth and innovation in California’s manufacturing industry and to CMTA’s members.”
The financial institution serves millions of customers, clients, and communities in 100+ global markets. It has been on the edge of innovation, setting international financial institutions’ standards.
JP Morgan Chase is known as a renowned place to work, winning multiple awards and recognitions. Recently, it was named in the Time100 list of Most Influential Companies for 2023, and FORTUNE ranked it as a top five World’s Most Admired Companies.
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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 JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase had $3.9 trillion in assets and $313 billion in stockholders’ equity as of June 30, 2023. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.