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,...
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.
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....
Voting Begins for CMTA’s “Coolest Thing Made in California” Contest Powered by JPMorganChase
Popular Round voting is open to the public Sacramento, Calif. – Over 140 California-made products are competing in the California Manufacturers & Technology Association’s (CMTA) 2nd annual contest, vying for the title of the “Coolest Thing Made in California.”...
Electric Motorcycle Company Ryvid Joins CMTA
Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) welcomed Ryvid, Inc. to the association today. The electric motorcycle company combines the engineering expertise of innovators with the design acumen of aerospace and automotive...
Press Release
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 President of Government Relations, Robert Spiegel, discussed SB 253, the Climate Corporate Data Accountability Act, and SB 261, the Greenhouse Gases: Climate-Related Financial Risk Act.
Adastra’s Director of Management and ESG, Alena Miazga, discussed real-world successes and use cases with ESG solutions.
Did you miss the webinar? Watch the recording from the live webinar on September 24, 2024, below.
Two bills will start to impact California’s manufacturers in 2026.
SB 253, the Climate Corporate Data Accountability Act
SB 253 requires all U.S. businesses with annual revenues over $1 billion and operating in California to disclose their greenhouse gas emissions. Starting in 2026, businesses must report Scope 1 (direct) and Scope 2 (indirect) emissions, and by 2027, Scope 3 (upstream and downstream) emissions.
SB 261, the Greenhouse Gases: Climate-Related Financial Risk Act
SB 261 will require companies with more than $500 million in annual revenues to disclose their climate-related financial risks and measures they have adopted to reduce and adapt to those risks. The law requires companies to prepare their reports following the Task Force on Climate-Related Financial Disclosures (TCFD) framework, with the first disclosures due in 2026.
Questions? Contact us.
Katie Durham, VP of Member Engagement at CMTA, kdurham@cmta.net
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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.
About Adastra
Adastra North America transforms businesses into digital leaders. Since 2000, Adastra has been helping global organizations accelerate innovation, improve operational excellence, and create unforgettable customer experiences, all with the power of their data. By providing cutting-edge Artificial Intelligence, Big Data, Cloud, Digital, and Governance services and solutions, Adastra helps enterprises leverage data that they can control and trust, connecting them to their customers – and their customers to the world. Adastra North America has offices in Toronto, Calgary, Ottawa, and Miami. For more information, visit Adastra’s website.