Viewing blog posts written by Rob Sanger


Go-Biz tax credit and other CA incentive programs for 2017

Posted by Rob Sanger, on Jan. 4, 2017

GO-Biz Now Accepting Applications for California Competes Tax Credits


The Governor’s Office of Business and Economic Development (GO-Biz) is now accepting applications for the California Competes Tax Credit (CCTC).  There are $100 million in tax credits available during this application period for businesses that are expanding and adding full-time jobs in the state.  The deadline to submit applications is Monday, January 23, 2017, at 11:59 p.m. (Pacific Time) and the online application website will automatically close once this deadline has passed. 

See if your competitor accessed these funds in 2016:  http://www.business.ca.gov/Portals/pdf

Contact Rob Sanger, 916-498-3334, for details about this and other California-focused incentive programs. Even if you are not hiring new employees, but you are investing in new equipment or other capital improvements, your company may still qualify.





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California not taking advantage of reshores

Posted by Gino DiCaro, VP, Communications on Nov. 17, 2016

Dr. Harry Moser and the Reshoring Initiative are working to bring good, well-paying manufacturing jobs back to the United States by assisting companies to more accurately assess their total cost of offshoring, and shift collective thinking from "offshoring is cheaper" to "local reduces the total cost of ownership".

Acccording to Moser, most companies make sourcing decisions based solely on price, oftentimes resulting in a 20 to 30 percent miscalculation of actual offshoring costs. HIs Total Cost of Ownership (TCO) Estimator helps companies account for all relevant factors — overhead, balance sheet, risks, corporate strategy and other external and internal business considerations. Using this information companies are coming back to the U.S. and reshoring their facilities, for which our country's middle class benefits tremendously.

Unfortunately a look at the Reshoring Initiative's regional reshoring data since the recession shows that California has been unable to keep pace with the country and attract an amount of jobs commensurate with the state's size and manufacturing prowess. Even with our proximity to markets we are losing out to other states that can provide lower costs and predicability.

With only one percent of the reshored jobs, California should work to take advantage of the reshoring phenomenon for our middle class and economy. 

 





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Manufacturing innovation awards on Nov. 4!

Posted by Gino DiCaro, VP, Communications on Oct. 28, 2016

CMTA was honored to be on the Advanced Manufacturing selection committee for a new awards program for the nine-county Sacramento region. On November 4, the 2016 Sacramento Region Innovation Awards will recognize significant innovations and the innovators and local companies that brought them to fruition.

Going through the difficult judging process we saw firsthand that the region's industry is world class, bringing leading edge research & development, good jobs and economic growth. 

The Advanced Manufacturing category finalists are: 

The program was founded by the law firm of Stoel Rives LLP, which has had similar award programs in Utah and Idaho. The Sacramento Business Journal is the program’s media sponsor and  Moss Adams LLP serves as the official CPA vote tabulator.

Join us in honoring the finalists and naming the winners at a luncheon ceremony at Sacramento's Doubletree Hotel on Friday, November 4th. See all the finalists and reserve your seat for the awards luncheon through the Sacramento Business Journal: http://bizj.us/1nu1x4  
 
You can also follow the hashtag #SacInnov8Awards for continued information on the program.
 
 
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Award nominations were reviewed by a panel of approximately 50 experts from local business, technology and academic communities.  

The following “Selection Committees” will carefully reviewed the nominations during a seven-week evaluation process. 

ADVANCED MANUFACTURING

  • Steve Mills, Partner, DCA Capital Partners
  • Gino DiCaro, Vice President of Communications, California Manufacturing & Technology Association (CMTA)
  • Tony Lopez, Vice President of Operations, Pride Industries
  • John Krueger, Executive VP, Greater Sacramento Area Economic Council

FOOD & AGRIBUSINESS

  • Kristy Levings, Director, AgStart
  • Joe Schmidt, Senior VP Business Development & Strategy, BioConsortia, Inc.
  • Ana Klien, VP & CFO, Sunsweet Growers Inc.
  • Julie Morris, Director of Technology Innovation, World Food Center at UC Davis
  • Trish Kelley, Senior Vice President, Valley Vision
  • Helen Singmaster, General Counsel, Raley's
  • Ryan Sharp, Associate Director, Venture Catalyst, UC Davis
  • Ashish Malik, VP of Global Marketing, Biologics, CropScience Division, Bayer CropScience LP
  • Melissa Jones, Office Managing Partner, Stoel Rives LLP [non-voting liaison]

HARDWARE & ELECTRONICS

  • Harry Laswell, CEO, Powerhouse Science Center
  • Binda Mangat, President/CEO, Quorum Technologies, Inc.
  • Amit Gattani, Senior Director of Segment Marketing, Embedded Solutions Group,
  • Micron Technology, Inc.
  • Norman White, Senior Attorney, Intel
  • Robb Moore, CEO, ioSafe
  • Tim Keller, Project Coordinator, Area 52 / Sierra Energy

MEDICAL AND HEALTH TECHNOLOGY & SERVICES - supported by MedStart

  • John Caterham, CEO, Social Interest Solutions
  • John Mesic, M.D., Physician Executive, Sutter Health Valley Area
  • Cary Adams, JD, CEO, MedForce Accelerator / Almond Tree Capital
  • Claire Pomeroy, M.D., MBA, President and CEO, Albert and Mary Lasker Foundation, Former Dean of the UC Davis School of Medicine
  • Warren Smith, Ph.D., Professor, Electrical & Electronic Engineering Department, California State University, Sacramento
  • Simon Cherry, Ph.D., Professor, Department of Biological Engineering, University of California, Davis
  • Howard Bubb, CEO, SARTA
  • Zack Schmidt, CEO, SureClinical
  • Chris Wood, Senior Director, Mercy Neurological Institute , Dignity Health
  • Chris Gresens, M.D., Senior Medical Director and Vice President of Global Medicine , BloodSource
  • Dushyant Pathak, Associate Vice Chancellor, Office of Research, Executive Director Venture Catalyst, UC Davis
  • Matt Phillips, Director, MedStart, Social Interest Solutions
  • Meg Arnold, Principal, GSD Consulting
  • Matt Bethards, Stoel Rives LLP [non-voting liaison]

SOFTWARE

  • Roger Akers, Managing Partner, Akers Capital LLC
  • Laura Good, Consultant, Laura Good Consulting Services
  • Vaibhav Nadgauda, Partner, Moneta Ventures
  • Corley Phillips, Director, Sacramento Entrepreneurship Academy
  • Brandon Weber, Founder, The Urban Hive
  • Kim Box, Director, American River Bank
  • Mark Otero, Electronic Arts
  • John Peters, Angel Investor

SUSTAINABILITY

  • Todd Lindstrom, CEO, Enable Energy
  • Gary Simon, Chairman, CleanStart, Inc.
  • Nicole England, Teichert Construction
  • Erica Manuel, Manager: Community, Economic Development & Education, SMUD
  • John Bissell, CEO, Micromidas, Inc.
  • Chris Russell, Partner, Stoel Rives LLP [non-voting liaison]

 

 





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Continued manufacturing job growth lag in CA

Posted by Gino DiCaro, VP, Communications on Sept. 16, 2016

California's jobs report this week showed a loss of 3,400 jobs in August, indicating a continued industrial growth lag in California.  Since the recession the country's manufacturing job base grew by 7.2 percent while California grew by only 3.6 percent. Here's a look at some specific regional and industrial states: Indiana up 17.3 percent, Michigan up 33.3 percent, North Carolina up 6.7 percent, Arizona up 7.5 percent, Oregon up 13.2 percent, Nevada up 10.7 percent.

 





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Let’s get to the bottom of this 500,000 green jobs number

Posted by Gino DiCaro, VP, Communications on Aug. 27, 2016

Growing green jobs is a reason state leaders cite to support ambitious climate change policies.  The policies will spark technological innovations and entrepreneurship to create new industries and jobs but they often say nothing about the losses that may be suffered by consumers and other businesses. 

Senate Pro Tem Kevin deLeon said the following after SB 32 and AB 197 passed this week to set a new climate change target for 2030: 

"We have empirical evidence that's very clear that we have created 500,000 brand new jobs in the clean energy space ... This is not about reducing carbon in the abstract. This is about economic growth. That’s why we are the 6th largest economy in the world. There is rhyme and reason why we have this legislation – its because it leads to job growth."

The California Center for Jobs & The Economy has this to say about green job creation in California. Some highlights:   

  • The “500,000 new jobs” claim has been voiced since 2011, casting serious doubt on the validity of the number.
  • Next 10 identified only 180,0000 green jobs in their 2014 report and has since even reduced that number.
  • A report by Advanced Energy Economy Institute, a primary report used by many advocates, claims 142,000 advanced electricity generation jobs. But EDD data (the government’s gold standard for job tracking) says California has only 18,900 jobs total in the entire sector of "Electric Power Generation, Transportation & Distribution."

Most importantly, the “500,000 new clean energy jobs” claim does not account for jobs lost due to costs in other sectors such as manufacturing.  California’s 1.28 million high-wage manufacturing workers should be concerned that creating a phantom number of new green jobs at their expense is a measure of success for climate policies.





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