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We should attract more manufacturing investments to California - 1.5% is not enough

Posted by Gino DiCaro, VP, Communications on May 20, 2016

In 2015, according to new data on U.S. manufacturing investments, the country’s south and midwest regions gained the most manufacturing investments.  California was dead last among the 50 states with 1.07 manufacturing investments for every one million people, equating to only 1.5 percent of total investments. 

Sadly, this is the continuation of a trend. Since the recession ended in 2010, each year California has failed to attract more than two percent of the country’s new manufacturing facilities. Manufacturing employment has also lagged the US, with a 3.3 percent growth in California compared to 7.3 percent nationally.   

If California kept pace with the national manufacturing job growth rate, we would have 50,000 more high paying manufacturing jobs today.

Kentucky has been the country’s manufacturing leader for the last two years. In 2015 they enjoyed:

  • 39 manufacturing investments per one million people
  • 7 percent of the total U.S. manufacturing investment pie with only 1.3 percent of the US population
  • 17 percent growth in manufacturing jobs since the recession

“These disappointing numbers should be a wake-up call to state leaders.  Manufacturing investments support modernization, new product development, job retention and job growth that we need,” said CMTA’s Dorothy Rothrock. “We should find ways to improve the manufacturing business climate and attract our fair share of investments.”

manufacturing investments by state 2015
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manufacturing jobs ca vs us 2010 to 2015
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New 2012 numbers show that California is still lagging the country in manufacturing investments

Posted by Gino DiCaro, VP, Communications on May 23, 2013

Investment chart





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