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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: UC Berkeley Teams Up With NASA

Nov 7, 2023

Find out what's happening in California's manufacturing industry on this week's Manufacturing Minute with Ananda Rochita. ⚙️ BP Pulse Makes a Historic Deal with Tesla ⚙️ UC Berkeley Teams Up With NASA ⚙️ Women Making California Award Nominations open Nov. 15...

CMTA Welcomes Financial Institution, JP Morgan Chase, to Organization

Oct 24, 2023

Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) welcomed JP Morgan Chase & Co. to the organization today. JP Morgan Chase is a leading global financial services firm with a rich history of over 200 years and assets of $3.9...

Press Releases

Manufacturing Minute: California Bottling Company Gets First Electric Trucks

Dec 5, 2023 | , , , , ,

Find out what California company is one step closer to an all-electric vehicle fleet in your #ManufacturingMinute with Ananda Rochita, VP of Communications.

⚙️ Why the Port of Long Beach is thriving this holiday season⚓️
⚙️ And the Women MakingCA Conference is only three months away! 🎉 Go to CMTA.net/WomenMakingCA to learn more. 

CMTA Welcomes Financial Institution, JP Morgan Chase, to Organization

CMTA Welcomes Financial Institution, JP Morgan Chase, to Organization

Oct 24, 2023 | , ,

Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) welcomed JP Morgan Chase & Co. to the organization today.

JP Morgan Chase is a leading global financial services firm with a rich history of over 200 years and assets of $3.9 trillion in worldwide operations.

“We welcome JP Morgan Chase as a valued partner in driving forward California’s manufacturing and technology sectors through their deep understanding of business success,” said Lance Hastings, President & CEO of CMTA. “Their membership marks a significant milestone in our pursuit of industry innovation and economic growth as it is one of the largest financial institutions in the country.” 

JP Morgan Chase is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management.

“We are deeply rooted to innovation and sustainable growth and are proud to align our expertise in Commercial Banking and Wealth Management with the California Manufacturing and Technology Association and its esteemed members,” said Ashley Grech, Vice President of JP Morgan Chase & Co. “Our history of supporting diverse industries and businesses positions us to provide tailored financial solutions that drive success in California’s vibrant manufacturing sector. Together, we look forward to fostering economic growth and innovation in California’s manufacturing industry and to CMTA’s members.”

The financial institution serves millions of customers, clients, and communities in 100+ global markets. It has been on the edge of innovation, setting international financial institutions’ standards. 

JP Morgan Chase is known as a renowned place to work, winning multiple awards and recognitions. Recently, it was named in the Time100 list of Most Influential Companies for 2023, and FORTUNE ranked it as a top five World’s Most Admired Companies.

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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 JPMorgan Chase & Co.

JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase had $3.9 trillion in assets and $313 billion in stockholders’ equity as of June 30, 2023. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

Manufacturing Minute: Details on Stratolaunch’s Contract with the U.S. Air Force

Oct 24, 2023 | , , , , ,

Find out what’s happening in California’s manufacturing industry on this week’s Manufacturing Minute with Ananda Rochita.

⚙️ Siemens Mobility’s New Project in Sacramento
⚙️ Bayer’s Huge Investment in Berkeley 
⚙️ Stratolaunch’s Brand-New Contract 
⚙️ The CA Manufacturer Awarded Funds for National Hydrogen Hubs

Manufacturing Minute: How the Recent COVID Surge is Impacting CA Manufacturers

Oct 4, 2023 | , , ,

Find out what’s happening in the manufacturing industry on this week’s Manufacturing Minute with Ananda Rochita.

⚙️ A new manufacturing grant for a California school
⚙️ How the recent COVID-19 surge is impacting CA manufacturers
⚙️ A new era for a well-known cereal brand
⚙️ When the winner will be announced for the Coolest Thing Made in California competition 
 

Manufacturing Minute: Details on Reyes Coca-Cola Bottling’s $500 Million Expansion

Sep 14, 2023 | , , ,

Find out what’s happening in the manufacturing industry on this week’s Manufacturing Minute with Ananda Rochita.

⚙️ Details on Reyes Coca-Cola Bottling’s $500 Million Expansion
⚙️ Where Bosch stands on its move to Roseville, CA
⚙️ What to know about the first-ever MakingCA Conference. Buy tickets here.

Click on the photo below to watch the latest manufacturing news.
 

CMTA’S President & CEO Releases Statement on Passage of SB 253 (Wiener)

CMTA’S President & CEO Releases Statement on Passage of SB 253 (Wiener)

Sep 12, 2023 | , , ,

Sacramento, Calif. – California Manufacturers & Technology Association (CMTA) President and CEO, Lance Hastings releases a statement on the passage of Senate Bill 253 (Wiener), the Climate Corporate Data Accountability Act.

“Earlier Tuesday, the California Legislature passed a bill that requires the most extensive reporting of emissions to date with the singular purpose to catalog, name, and shame manufacturing companies in California. The legislation requires disclosure of upstream and downstream activity known as Scope 1, 2, and 3 emissions – a near-impossible task with zero environmental benefits. There already are mechanisms in place to encourage the reduction of greenhouse gases and entire market-based programs like Cap & Trade have been established for those purposes – with significant effect.

 

SB 253 (Wiener) is flawed and a wide-ranging mandate for public and private companies. To comply with SB 253, manufacturers will spend millions of dollars to fulfill the legislation’s requirements. The uncertainty and unreliability of this data and the processes required to comply with the legislation will not produce complete, accurate, or comparable disclosures. Instead, manufacturers should continue to improve our processes and identify technologies in partnership with government and academia that will advance emission reductions.

 

California manufacturers are some of the most innovative, sustainable, and efficient producers in the entire world. Instead of working with manufacturers as the driving force behind the world’s fourth largest economy, SB 253 signals that California is willing to slide back to the fifth, then the sixth largest economy in the world. The 1.3 million employees in the California manufacturing sector deserve better treatment from policymakers on such critical issues.”

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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.

Manufacturing Minute: New Investment by President Biden & Coolest Thing Made in CA Competition

Aug 17, 2023 | , , ,

October is just around the corner, which means a busy month showcasing makers for National Manufacturing Month! Check out this week’s Manufacturing Minute to hear the latest manufacturing news from California.

️⚙️ What to know about the Coolest Thing Made in California competition
⚙️ New facility for Reyes Coca-Cola Bottling
⚙️ A look at President Biden’s “Invent Here – Build Here” investment

Click on the photo below to watch the latest manufacturing news.
 

Manufacturing Minute: Awards Program for Makers & Where CA Ranks with New Jobs

Aug 4, 2023 | , , , ,

Celebrate Manufacturing Month with CMTA! On this week’s Manufacturing Minute, Ananda Rochita shares the latest manufacturing news you need to know.

⚙️CMTA debuts a new event & awards program for CA manufacturers! Register for tickets here.
⚙️Millions of dollars given in incentives. Details on who benefits.
⚙️ Manufacturing jobs are growing! Where CA ranks compared to the rest of the country.

Click on the photo below to watch the latest manufacturing news.

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