Economic Development

California manufacturers have been at the forefront of global leadership and innovation. Our member companies look to continue partnering with policymakers to implement pro-growth strategies in California and support creating statewide plans that incentivize investments and employment. 

Manufacturing Minute: Northrop Grumman Teaming Up with the U.S. Air Force

Find out California’s latest manufacturing news in the newest Manufacturing Minute episode with CMTA’s Vice President of Communications, Ananda Rochita. Manufacturing Minute is powered by Tri Tool Technologies.  ⚙️ Wisk is on its way to get its eVTOL Certification💫 ...

Here’s How California’s Budget Deficit Impacts Manufacturers

Sacramento, Calif. – California's Governor Gavin Newsom announced Wednesday the state is facing a projected budget deficit of $37.86 billion. Here's what that means for the Golden State's manufacturers. Read the full budget summary for 2024-25 here. ### About CMTA The...

Press Releases

Manufacturing Minute: Northrop Grumman Teaming Up with the U.S. Air Force

Find out California’s latest manufacturing news in the newest Manufacturing Minute episode with CMTA’s Vice President of Communications, Ananda Rochita. Manufacturing Minute is powered by Tri Tool Technologies. 

⚙️ Wisk is on its way to get its eVTOL Certification💫 

⚙️ Learn why Northrop Grumman is teaming up with the U.S. Air Force ✈️ 

⚙️ California’s Lt. Governor will join CMTA in Palm Springs 🌴 

Manufacturing Minute: Samsung Opening New Semiconductor Campus in Northern California

A tech industry giant just announced its brand-new semiconductor facility in the Sacramento region. Find out California’s latest manufacturing news in the newest Manufacturing Minute episode with CMTA’s Vice President of Communications, Ananda Rochita. Manufacturing Minute is powered by Tri Tool Technologies. 

⚙️ Find out why a California AI Robot Manufacturer partnered with BMW Manufacturing

⚙️ Learn more about the new semiconductor campus in the Sacramento region

⚙️ Tri Tool Technologies’ latest innovation

Government Relations Update: New Video Series on the Latest News in California’s Legislature

Ready to learn more about what is happening in California’s legislature? Check out our brand-new Government Relations Update video with CMTA’s Vice President of Communications, Ananda Rochita.

📝 Learn About California’s 2024 Intro Bills 

💰 Find out what is Going to Happen with California’s Projected Budget. 

⚙️ CMTA’s Sponsored Bills Are Coming Your Way Soon… 

Do you want to get exclusive government relations insights from CMTA?

📲 Reach out to members@cmta.net.

Manufacturing Minute: Governor Newsom’s Plans for a World-Leading Innovation Hub

Innovation in California is at an all-time high! Find out California’s latest manufacturing news in the newest Manufacturing Minute episode with CMTA’s Vice President of Communications, Ananda Rochita. Manufacturing Minute is powered by Tri Tool Technologies

⚙️ Siemens Mobility’s Sacramento facility is competing for a high-speed rail project between Merced and Bakersfield

⚙️ A former Southern California mall is transforming into a world-leading innovation hub. What Newsom says his plans are…

⚙️ Hear from the women transforming the manufacturing industry! Register for CMTA’s Women MakingCA Conference: https://WomenMakingCA.eventbrite.com

Here’s How California’s Budget Deficit Impacts Manufacturers

Here’s How California’s Budget Deficit Impacts Manufacturers

Sacramento, Calif.California’s Governor Gavin Newsom announced Wednesday the state is facing a projected budget deficit of $37.86 billion. Here’s what that means for the Golden State’s manufacturers.

Read the full budget summary for 2024-25 here.

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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.

Manufacturing Minute: Find Out How You Can Be More Involved with CMTA in 2024

It’s the first manufacturing minute of 2024! Find out what is happening this new year at CMTA in your Manufacturing Minute Powered By Tri Tool Technologies with CMTA’s Vice President of Communications, Ananda Rochita. 

⚙️ How a Fremont high-tech battery manufacturing facility met its demand
⚙️ California’s Legislators are back in session. Here’s what is next for CMTA’s Government Relations Team
⚙️ Here’s who is speaking at the 3rd Annual Women MakingCA Conference in March
 

CMTA Welcomes Financial Institution, First Citizens Bank, to Organization

CMTA Welcomes Financial Institution, First Citizens Bank, to Organization

Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) announced the welcome of First Citizens Bank to its associate membership today.

“CMTA has worked to promote California’s manufacturers for over 100 years, and we recognize the pivotal role that innovation and technology play in driving economic growth and prosperity,” said CMTA’s CEO & President, Lance Hastings. “We are thrilled to announce First Citizens Bank as the newest associate member of CMTA as we continue to support our manufacturers.”

First Citizens provides a wide variety of products, services, and resources to help companies build value for the future. The bank’s team of professionals help businesses set and achieve their long- and short-term goals with a supportive, relationship-banking approach.

“For 125 years, businesses and manufacturing companies of all sizes and scope have relied on First Citizens Bank to do more with the money they make, invest and borrow,” said First Citizens Bank Sacramento Area Executive Michelle Chan. “First Citizens is here for the long haul, proud to join the CMTA and help manufacturers grow. Those who choose us value the service, reliability, care and long-term thinking we bring to their business.”

The financial institution has been awarded a Top 20 institution in the U.S., with over 550 branches across California and 22 other states.

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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 First Citizens Bank

First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. Headquartered in Raleigh, N.C., and now celebrating the 125th anniversary of its founding, First Citizens has built a unique legacy of strength, stability and long-term thinking that has spanned generations. First Citizens offers an array of general banking services including a network of more than 500 branches and offices in 30 states; commercial banking expertise delivering best-in-class lending, leasing and other financial services coast to coast; innovation banking serving businesses at every stage; and a nationwide direct bank. Parent company First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than $200 billion in assets. Discover more at firstcitizens.com.

Manufacturing Minute: Find Out Why the World’s Largest Plane Took Flight in California

Find out why the world’s largest plane recently took flight in California in your Manufacturing Minute with CMTA’s Vice President of Communications, Ananda Rochita.

⚙️ New manufacturing facility in Irvine will work with the U.S. Department of Defense – Here’s what that means
⚙️ Stratolaunch completes hypersonic flight test, and what’s next for the company
⚙️ Need some holiday shopping inspiration? How to shop local ✨🎁

CMTA’S President & CEO Releases Statement on Closure of U.S.-Mexico Railroad Crossings in Texas

CMTA’S President & CEO Releases Statement on Closure of U.S.-Mexico Railroad Crossings in Texas

Sacramento, Calif. – California Manufacturers & Technology Association (CMTA) President and CEO, Lance Hastings released a statement on the closure of the U.S.-Mexico railroad crossings in Texas impacting California’s manufacturing sector. CMTA will do what it can to support our state’s leaders to ensure the smooth flow of goods. 

The closure of U.S.-Mexico border crossings in Texas will greatly impact California’s manufacturing sector.

 

Our industry relies on efficient logistics and uninterrupted supply chains, and any delays at the border can have a cascading impact on production, jobs, and economic growth. It is imperative that stakeholders work together to find swift and effective solutions, safeguarding the resilience of the manufacturing landscape in California and beyond.

 

The California Manufacturers & Technology Association (CMTA) will do what it can to support our state’s leaders to ensure the smooth flow of goods.”

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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 the CMTA website.

Op-Ed: Bishop-Wisecarver CEO Pamela Kan – Setting California Up For Success

Op-Ed: Bishop-Wisecarver CEO Pamela Kan – Setting California Up For Success

OPINION  – Manufacturing in California is an often invisible, but critical part of our daily lives. Whether you’re rolling off your mattress in the morning, taking a slice of bread for your sandwich at lunch or closing your blinds at the end of the day, you’ve in some way benefited from the invisible hand of our state’s manufacturers.As a California business owner for more than two decades, I have been fortunate to observe the resilience, dedication and innovation that characterize our local entrepreneurs. However, as rewarding as this journey has been, it has not been without its share of struggles.

When my family business started over 70 years ago, it was a modest venture that served the needs of our immediate community. Since then, it has grown into a global supplier that is making products that are essential components for industrial machinery and goods that make our world go round.

Small- and medium-sized manufacturers account for 70% of California’s manufacturing output of over $300 billion a year. Manufacturers also employ more than 1.3 million people. Because of that, it is imperative that manufacturing continues to thrive in California, but small and medium-sized businesses like mine continue to face immense challenges.

The past few years have been a rollercoaster ride from weathering the COVID-19 pandemic to navigating a myriad of supply chain issues and inflation, to keeping up with the ever-rising costs of doing business in the state.

Gov. Newsom understands this and his commitment to small businesses has helped substantially. During the pandemic he supported grants to help businesses as well as incentives for companies to move to California and create full-time jobs through a research and development tax credit. The Governor’s focus on investing in R&D has allowed manufacturing firms to innovate.

Now, the state has an opportunity to build on its foundation by investing further in manufacturing.

While I defer to state leaders on the details of such a measure, what I know is that investing in a tax credit could be done in a way that is revenue-neutral for local communities, while incentivizing manufacturers to invest here in California in way that benefits our entire economy.

A manufacturing tax credit would allow manufacturers to leverage innovative technology, invest in carbon-reducing equipment, support environmental, social and governance (ESG) policies and offer competitive salaries and benefits.

This investment would also lead to more jobs and produce more local tax revenue that would help cities and counties provide the services that we all need.

Manufacturing businesses were built on ideas – innovation. However, manufacturing in our state is at a crossroads. Other states are becoming more competitive and the increasing costs of doing business in California make it harder, especially for small- and medium-sized businesses, to grow. Strong businesses create a strong supply chain to fuel the larger, well-known brands of California.

The time to act is now. We can’t afford to wait and miss out on our opportunity to maintain a competitive advantage.

I’m optimistic that California leaders will decide to act and empower manufacturers to lead California toward a more innovative, secure, and prosperous future.

Pamela A. Kan is the president of Bishop-Wisecarver (BWC), a family-owned, American manufacturing company located in Pittsburg, CA.

-This OpEd was written by Pamela A. Kan, President of Bishop-Wisecarver (BWC), and was first published in Capitol Weekly on Dec. 6, 2023.

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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 the CMTA website.

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