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
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 affordable solar panel using perovskite technology, which many have described as the future of solar energy.
“Adding new technologies and capabilities that enhance California’s reliable and affordable energy objectives is a key component to meeting the needs of the future,” said CMTA’s CEO & President Lance Hastings. “CMTA is excited to welcome Tandem PV to the organization and help them grow their manufacturing facility in California.”
Perovskite is a synthetic crystalline material that is sensitive to wavelengths of light that conventional solar panels do not efficiently convert to electricity. Tandem PV’s co-founder Colin Bailie developed the first perovskite-silicon tandem solar cell at Stanford University in 2013. The company’s perovskite-based solar panels are 25% more efficient than the average silicon solar panel. More powerful and affordable solar energy will help the world expeditiously attain its renewable energy goals.
“We are excited to join CMTA, which has a singular focus on helping California manufacturers like Tandem PV,” said Tandem PV CEO Scott Wharton. “It has great relationships with state and local government officials and expertise about how to access myriad government sources that can support our work as a small manufacturer and help us thrive as a climate tech leader in the state.”
Tandem PV secured an additional $6 million at the beginning of 2024 to further its R&D with plans for its first manufacturing facility. It has received support from the U.S. Dept. of Energy and the California Energy Commission.
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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 Tandem PV
Tandem PV, based in Silicon Valley and founded in 2016, is driving the transition to a net-zero economy by developing state-of-the-art perovskite-based solar panels. The company is committed to the production of highly efficient and durable solar technology suited for broad-scale deployment. Its co-founder and CTO, Colin Bailie, developed the first perovskite-silicon tandem solar cell at Stanford University and launched the company through Cyclotron Road, the U.S. Dept. of Energy startup accelerator supporting innovations with potential for global commercial impact. Tandem PV has raised a total of $28 million in venture capital and government funds including from the DOE, the National Science Foundation, and the California Energy Commission. For more information, visit Tandem PV’s website.