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Two big regional manufacturing events this week in Fresno and the Inland Empire

Posted by Gino DiCaro, VP, Communications on Feb. 10, 2019

There are two important regional manufacturing events in California this week.

CMTA’s new President Lance Hastings will be presenting the State of California Manufacturing and the Association’s 2019 Opportunities Agenda to the Inland Empire Manufacturing Summit this Thursday, February 14 in Riverside. The Summit has brought together Tony Sciarra from Tesla, Ed Magee from Fender Musical Instruments, Nobel Prize Laureate Richard Schrock, Todd Boppell of the National Association of Manufacturers, economist Sean Flynn of Scripps College, Sean Miller of American National Manufacturing, and more.

More than 500 people are expected to attend and the event is a “Don’t miss" for all manufacturers in the the Riverside and San Bernardino area.

INLAND EMPIRE EVENT DETAILS HERE

Also yours truly will be presenting alongside California Forward co-chair Pete Weber at the San Joaquin Valley Manufacturing Alliance event on Wednesday, February 13 in Fresno. The Alliance and the Fresno Business Council are doing great things in the region bringing manufacturers together and creating an environment of stewardship and civic transformation in many areas but most importantly for workforce development. Don’t miss it if you are in the Valley!

SAN JOAQUIN EVENT DETAILS HERE





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Success, headwinds and digital solutions in new report on U.S. manufacturing

Posted by Gino DiCaro, VP, Communications on Feb. 1, 2019

The U.S. manufacturing industry appears back on track and is likely to surpass growth expectations for two consecutive years in a row, according to a recently released Deloitte report on the sector.

On one hand, manufacturing is firing with output humming, an increase in capacity utilization and solid performance results. On the other hand, tensions loom in the background with supply chain demand that outpaces supply, and an ever increasing shortage in skilled talent.  (Sidenote: These factors can often multiply out in California where we are struggling to keep up with the country's resurgence.) Amid the national headwinds is a move toward digital and advanced technologies that are transforming the manufacturing business model.  Digital often holds the fate of industrial manufacturing companies and will do so tremendously in the years to come, according to the report.  

The Deloitte report provides some observations and predictions for our great industry -- themes include M&A's among an influx of digital technologies, building supply network resilience in an uncertain trade world, talent recruitment and retention, and the sector's overall digital maturity.

Click here for PDF of report

 

 

 

 

 





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CMTA Open House ignites the Capitol community

Posted by Lance Hastings, President on Jan. 28, 2019

Last week CMTA hosted its annual Open House to welcome legislators, Administration officials, industry partners and other friends of manufacturing. A heartfelt thank you from the CMTA team to everyone who joined us to network and reconnect in the early weeks of what will be a busy year!

#CAmfg and #MakingCA will be up front and center in the Capitol in 2019.





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Six rankings indicating California's investment climate

Posted by Gino DiCaro, VP, Communications on Jan. 25, 2019

Site Selection Magazine recently released its “State of the States” report, a guided tour of economic development laws, leaders, policies, indicators and projects from last year. The compendium includes six rankings for each state in the following (with California’s rank in parentheses):

  • (49th) Business Tax Climate
  • (1st)  Higher Education
  • (19th) National Career Readiness Certificates
  • (49th) Workers’ Compensation Premium Rate
  • (47th) Industrial Electricity Power Costs
  • (42nd) Fiscal Condition Index

These are some of the critical datapoints and indicators that drive specific site selection for companies looking to scale up long-term manufacturing across the country. The low rankings certainly play a role in California’s lag in the national manufacturing resurgence. There is no doubt we are highly successful at researching and developing and innovating products, with our tremendous University institutions, but we must make what innovate. It's time to improve California's business climate for long term manufacturing investment and to make way for the economic opportunites that come with those investments.

Link to California's report

Link to State of the States clearinghouse of 50 states





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As we close out 2018, an update on CA MFG job gains vs the Country

Posted by Gino DiCaro, VP, Communications on Jan. 18, 2019

Californa gained about 1,400 new manufacturing jobs in December 2018 according to numbers released by the Labor Market Information Department on Friday. California saw some good gains in 2018 but we are still getting outpaced by the country by a substantial margin. As you see below, our clip of manufacturing job growth is 5.6 percent versus the country's 13.2 percent. Further, our largest industrial county has declined by 7.3 percent in manufacturing job growth.

 





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