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

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

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: 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.”

##

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.

##

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: California Bottling Company Gets First Electric Trucks

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

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.

###

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

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

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

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.
 

Share This