Gino DiCaro

Lt. Gov. Gavin Newsom presents economic development plans to CMTA Board

By Gino DiCaro, VP, Communications

Capitol Update, April 1, 2011 Share this on FacebookTweet thisEmail this to a friend

On Tuesday, at CMTA's quarterly Board of Directors meeting in Sacramento, Lt. Governor Gavin Newsom surprised attendees with a fervent speech about economic development, and the critical role of manufacturing in California's recovery.

Newsom demonstrated a deep understanding of the tremendous economic benefits that manufacturing brings to a regional economy, invoking the true power of high middle class wages, long supply chains, intellectual capital, and research and development.

He told the CMTA Board that creating new California jobs is his top priority and that he is working on an economic development strategy to reinvigorate the state's lackluster approach to job growth and retention.

CMTA looks forward to partnering with Lt. Governor Newsom to create a business climate that encourages California manufacturers to reinvest in their California operations and makes investors and entrepreneurs think of California first. 

(Clockwise starting top left: CMTA chairwoman and Ace Clearwater CEO Kellie Johnson with Newsom -- Newsom talking manufacturing and economic development -- CMTA Executive Committee member and California Steel VP Brett Guge with Newsom -- CMTA president Jack Stewart with Newsom)

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