This week's Manufacturing Minute highlights three significant advancements that are shaping the industry's future. Manufacturing Minute is powered by Tri Tool Technologies. https://www.youtube.com/watch?v=_BLxyJ_BRaI $14 Million STEM Grant to San Francisco...
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.
CMTA Government Relations Update: California’s Manufacturers May Lose a Major Training Program
This month’s Government Relations Update video highlights crucial legislative developments for California’s manufacturing sector. https://youtu.be/Dmj-DjtEur0 Both the Assembly and Senate have a huge deadline on Friday, May 24, 2024, to pass bills introduced in their...
Silicon Valley Solar Startup Tandem PV Joins CMTA
Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) welcomed Tandem PV, an innovative solar energy startup, to the organization today. The Silicon Valley startup is leading the charge to develop and commercialize a more powerful and...
Digital Consultancy Firm Hitachi Digital Services Joins CMTA
Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) welcomed Hitachi Digital Services to the organization today. Hitachi Digital Services, a wholly owned subsidiary of Hitachi Ltd., is an edge-to-core digital consultancy and...
Manufacturing Minute: Siemens Mobility Selected to Manufacture Trains for High-Speed Rail Project
This week's Manufacturing Minute brings forth exciting developments shaping the future of the nation's high-speed rail ambitions and industry growth in the Golden State. https://www.youtube.com/watch?v=_MpVhnc_AOI Siemens High-Speed Rail Project Siemens Mobility, a...
Fremont Economic Development Department Partners with CMTA in First-of-its-Kind Collaboration
This is the first city partnership in CMTA history. Sacramento, Calif. – In a first-of-its-kind collaboration, the California Manufacturers & Technology Association (CMTA) and the City of Fremont’s Economic Development Department are entering a private-public...
‘This could really impact the manufacturing sector right here in California’: Study Says Manufacturing in U.S. Could Need Up to 3.8 Million Workers
Sacramento, Calif. – As many as 3.8 million manufacturing jobs will need to be filled in the next decade as the industry continues to advance post-pandemic, according to a new study by Deloitte and the Manufacturing Institute. California Manufacturers and Technology...
Profile Series: Meet Beau Huiskens, the CEO of Taurus Fabrication
In our latest Profile Series highlighting the incredible leaders behind California’s manufacturers, discover the story behind the success of a California manufacturing business rooted in generations of craftsmanship. Beau Huiskens, CEO of Taurus Fabrication and CMTA...
Opportunity Stanislaus and California Manufacturers & Technology Association Announce Strategic Partnership
Opportunity Stanislaus (OS) and the California Manufacturers & Technology Association (CMTA) forge a dynamic partnership to strengthen the manufacturing sector in the Northern San Joaquin Valley and across California. Sacramento, Calif. – Recognizing the pivotal...
Op-Ed: Statewide water supply target supports California’s manufacturers
OPINION – Water use in California is typically thought of in three parts: water for the environment (50%), water for agriculture (40%), and water for communities (10%) per the Public Policy Institute of California (PPIC). As a result, “ag” is the sector of the economy...
Press Release
Manufacturing Maker AB 52 Passes Unanimously Through California State Assembly Floor, Heads to Senate
Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) is pleased to announce today that Assembly Bill 52 (Grayson) passed the California State Assembly Floor with a 77-0 vote.
“Investing in the future of manufacturing goes hand in hand with our commitment to economic growth,” said Lance Hastings, CEO & President of CMTA. “We applaud the members of the Assembly that supported AB 52. We not only will fuel innovation and productivity but also lay the foundation for job creation and a thriving economy. It is through strategic incentives like this that we can foster an environment where businesses can flourish, driving technological advancements and gearing industries forward.”
The CMTA-sponsored measure is a manufacturing tax credit equal to the local portion of the sales and use tax to purchase qualified manufacturing and R&D equipment. This measure aligns California with 38 other states who already credit or exempt manufacturing equipment, allowing our manufacturers to continue to innovate and produce at the highest levels.
AB 52 will reinvigorate California’s economy, with an estimated 163,000 new manufacturing jobs expected to be created and $1.5 to 3.5 billion in new economic activity if passed, according to the Economic Strategy Institute. This measure supports small and medium-sized manufacturers and will generate millions for services while keeping manufacturers in line with the state’s sustainability goals.
“Every Californian wins when manufacturing grows. Opportunities are created for the middle class, our economy gets stronger, and our state revenues reap benefits from an influx of economic activity,” said Assemblymember Tim Grayson (D-Concord). “AB 52 will benefit cities across the Golden State by keeping manufacturers in California and increasing our competitiveness for new investments.”
AB 52 now heads to the Senate.
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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.