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New CMTA President focusing on a promise of manufacturing

Posted by Gino DiCaro, VP, Communications on Dec. 15, 2018

Last week the Orange County Register published new CMTA President Lance Hastings' inaugural op ed on his commitment to working toward the promise of new manufacturing opportunities in California. It's the first of many pieces that will seek to illuminate the ultra economic benefits of manufacturing, the challenges to new manufacturing investment in California, and CMTA's solutions and ideas to turn the state's long held dream into a promise. 

Make California's Dream a Promise

By Lance Hastings in the OC Register -- December 14, 2018

California has always evoked dreams of new adventures and opportunities that couldn’t be found elsewhere. Those of us who are lucky enough to call it our home hold on to the dream of a wonderful future that only the Golden State can provide.

Many of the hallmarks that attracted millions of people are still present: fantastic climate, beautiful Pacific shores and majestic mountains. Early settlers flocked to the state in pursuit of gold and a new, prosperous future. Hollywood and the movie industry shared an elegance that was the envy of the world. In the 1980’s and 90’s aerospace and high tech manufacturing were plentiful and grew at record paces, providing much of the middle class with home ownership and a college education for their kids.

Now in 2019, almost two centuries after California became a state, we continue to lead the country in innovation but the production of our own inventions is falling short. New clean and exciting manufacturing facilities are simply growing quicker elsewhere. California is still the largest manufacturing state in the country but this doesn’t tell the whole story. Los Angeles County in southern California for example lost 7 percent of its manufacturing core since 2010 while the rest of the country grew by more than 12 percent. That means more than 25,000 southern California middle class families lost out on the dream that manufacturing could have provided. ... READ MORE AT THE OC REGISTER





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Cal Tax says: "Let's encourage manufacturing in CA"

Posted by Gino DiCaro, VP, Communications on April 30, 2017

Last week, as the Legislature heard two bills to extend and improve a California sales tax exemption on manufacturing equipment purchases, the California Taxpayers Association (Cal Tax) president wrote a great piece for the OC Register on the importance of encouraging manufacturing investment in California. Most states either don't tax the purchases in the first place or provide some level of exemption. If the state's exemption was allowed to sunset, it would create a competitive disadvantage in California's ability to attract investment for the high wage sector.  Cal Tax analyzed the state's current temporary exemption and found that every $1 dollar of incentive claimed has created $23 in return investment.  Cal Tax's piece below. Share it around where you can.

Let's encourage manufacturing in California 

by Teresa Casazza -- President, Cal Tax
(ran in OC Register April 27, 2017)

While discussing California’s loss of manufacturing jobs, a colleague once quipped that at the rate we’re going, the only factory jobs left in this state will be at The Cheesecake Factory.

We haven’t gotten to that point yet, but it is true that the Golden State has been losing manufacturing jobs to other states and countries, in large part because of the high cost of doing business in California.

Even native California companies are moving operations to other states. The latest is Aerojet Rocketdyne, the pioneering aerospace company that is eliminating 1,100 jobs in Sacramento and creating 800 jobs in Alabama. You don’t have to be one of Aerojet’s rocket scientists to know that California needs to improve its jobs climate.

In 2013, the Legislature and governor approved an economic development plan to attract and retain high-paying manufacturing and research-and-development jobs. This legislation has been good for our economy, and has the potential to be great with a few adjustments — tweaks included in twin bills, Assembly Bill 600 and Senate Bill 600, by Assemblyman Jim Cooper and Sen. Cathleen Galgiani, respectively... READ MORE ON OC REGISTER





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