-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...
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.
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...
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...
Top Eight Announced in CMTA’s “Coolest Thing Made in California” Contest Powered by JPMorganChase
Voting to eliminate four products begins Monday, Sept. 2, 2024 Sacramento, Calif. – The bracket is narrowing for the “Coolest Thing Made in California” contest hosted by the California Manufacturers & Technology Association (CMTA), and eight products have racked...
EHS Consulting Firm ALL4 & Insurance Brokerage EPIC Join CMTA as Associate Members
Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) welcomed several associate members to the organization today, including consulting agency ALL4 and Edgewood Partners Insurance Center (EPIC). “Our associate members play an important...
16 Products Advance in CMTA’s “Coolest Thing Made in California” Contest Powered by JPMorganChase
Voting to eliminate eight products begins Monday, August 26 Sacramento, Calif. – Almost 85,000 votes later, 16 products advanced and will go head-to-head, competing for the title of the “Coolest Thing Made in California.” Over 135 products were nominated for the 2nd...
Manufacturing Minute: Northrop Grumman’s Historic Launch of its Arctic Satellite Broadband Mission in California
In this week's Manufacturing Minute, we highlight three significant developments in the manufacturing sector. Manufacturing Minute is released bi-weekly by the California Manufacturers & Technology Association and is powered by Tri Tool Technologies....
Press Release
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, Governor Newsom stated this bill would have a significant impact on the state general fund and should be considered in the annual budget process.
California Manufacturers & Technology Association CEO and President Lance Hastings released this statement in response to the veto:
“On behalf of the California Manufacturers & Technology Association, the 30,000 manufacturers and 1.3 million workers in the sector, we are extremely disappointed in Governor Newsom for not supporting this much-needed legislation after it was passed unanimously by both houses of the Legislature. This is the second time he has vetoed a manufacturer’s investment tax credit within the last two years and over that time we have sought to work with the Administration to highlight, promote, and expand manufacturing in California. His veto sends a strong and daunting signal to the rest of the country – and world – that manufacturing is not an economic priority in California.
By not aligning with 38 other states that already provide similar investment credits for manufacturers, California faces the real possibility of losing our top ranking in manufacturing, which would lead us slipping from the 5th largest economy in the world and falling behind in global competitiveness. We urge the Governor and Legislature to join us in a constructive dialogue about modernizing our tax framework to recognize that manufacturing and strong support of research and development, are essential to foster a robust manufacturing sector that drives job creation and economic growth. Let’s work together to cultivate an environment where California can thrive as a leader in manufacturing – starting immediately.”
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About CMTA
The California Manufacturers & Technology Association (CMTA) 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.