Governor Newsom announces nearly $100M to accelerate California’s manufacturing industry and drive job creation
What you need to know: The state is awarding nearly $100 million in California Competes Tax Credits to nine companies expanding headquarters and manufacturing operations, creating thousands of new jobs and spurring more than $370 million in capital investment across the state as part of the California Jobs First initiative.
SACRAMENTO – Governor Gavin Newsom today announced the Governor’s Office of Business and Economic Development (GO-Biz) awarded $99.9 million in California Competes Tax Credits (CalCompetes) to nine innovative companies across the state.
These awards will support an estimated creation of 2,752 new jobs with an average weighted annual salary of $139,000, and will bring in more than $370 million in new private investment.
California’s global leadership in innovation and manufacturing continues to set us apart. Through programs like CalCompetes, we’re attracting companies and helping them grow successfully in our state, creating good-paying jobs and opportunities for Californians.
Governor Gavin Newsom
This round of CalCompetes awards supports a diverse range of manufacturers, spanning sectors including aerospace, wastewater treatment, and microelectronics. Manufacturing, identified as both a “strengthen” and “accelerate” sector within the state’s Economic Blueprint, powers innovation in California unlike any other state, delivering $405.6 billion in output in 2024 and employing more than 1.24 million workers.
Through the below awards, the state is investing in the workforce, infrastructure and innovation that drive the growth of this critically important sector:
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Atomic Machines Inc. is investing $156.3 million to expand micro-electromechanical system manufacturing facilities in Santa Clara, Emeryville and the Greater East Bay Area, creating 305 new jobs.
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Bright Machines is scaling their data center infrastructure manufacturing facility with a $62.9 million investment, creating 295 jobs in Fremont.
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Hadrian Automation, Inc. is creating 650 jobs and investing $52 million in Torrance and Northern California to expand their aerospace component manufacturing.
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Bella Phytologic is investing $33 million in its Santa Rosa and Sonoma County vitamin and supplement manufacturing facilities.
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Gimme Health Foods Inc. will establish a seaweed food and snack manufacturing facility in Madera, expand its San Rafael HQ, and create 102 jobs along with a $20 million investment.
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Pacific Scientific Energetic Materials Company (California) LLC is investing $18 million to expand its diagnostic and measurement device manufacturing facility in Hollister.
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Community Infrastructure Investment Group, Inc. will invest $12.8 million to establish its wastewater treatment equipment manufacturing facility in Fresno.
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True Anomaly will expand its satellite manufacturing facilities in Long Beach, creating 400 jobs along with a $12.7 million investment.
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Color Image Apparel, a clothing design and manufacturer, will expand its Beverly Hills headquarters, adding 774 jobs and making $2.5 million in investments.
“These companies represent the next generation of California innovation,” said Dee Dee Myers, Senior Advisor to Governor Newsom and Director of GO-Biz. “From advanced manufacturing to clean technology, these investments strengthen the industries that define our economy and accelerate inclusive, economic growth across the state.”
To date, CalCompetes has awarded tax credits to more than 1,200 businesses committed to creating nearly 160,000 full-time jobs based in California and generating over $50 billion in private investment in the state.
California Jobs First: A bold plan, realized locally
In February, Governor Newsom released the California Jobs First Economic Blueprint – a new economic vision for California’s future. The Blueprint, which is being implemented by the nine state agencies on the California Jobs First Council, outlines key initiatives to support regional growth, invest in 21st century job training, create an attractive environment for job creators and strengthen California’s innovation economy – all to help increase access to good-paying jobs for Californians.
California’s Economic Strength
California is not only a national economic powerhouse – it is driving the future. The state is one of the world’s largest economies, feeds the country and leads the nation in new business starts, venture capital investment, manufacturing, and agriculture. With an increasing population and record-high tourism spending, California’s economy continues to grow across key regions and sectors – proving that innovation and inclusion go hand in hand.