CALED Continues to Fight for Manufacturing Tools by Supporting HR 3787

CALED recently sent a letter to Speaker of the House Kevin McCarthy (R-Calif.) requesting support of HR 3787, the Modernizing Agriculture and Manufacturing Bonds Act (MAMBA). This act specifically would benefit small- and medium-sized manufacturers through adjustments made to Industrial Development Bonds (IDBs) and agriculture bonds in California by: Increasing the maximum IDB size limit [...]

2023-09-28T10:14:37-07:00September 28th, 2023|CALED News|

CALED Champions Manufacturing

$30 million now available in IDB allocation for small and medium-sized manufacturers to be used for land purchases, facility expansion, new production equipment acquisition, and solar and energy conservation retrofits! CALED CEO Gurbax Sahota and Program Director Michelle Stephens provided public comment to champion the value of manufacturing and economic development at today’s CDLAC hearing. [...]

2023-02-01T13:27:01-08:00February 1st, 2023|CALED News, Econ Dev News|

CALED Provides Input on Funding for Pilot Economic Development Projects

The California Labor Agency, Governor’s Office of Planning and Research, and Governor's Office of Business and Economic Development recently launched the Community Economic Resilience Fund (CERF) program, a $600 million initiative supporting innovative plans and strategies to diversify local economies and develop sustainable industries. $50 million of that funding is currently being considered to support economic [...]

2022-12-05T15:37:52-08:00December 5th, 2022|CALED News, Econ Dev News|

Data and Fact-based Inclusive Economic Development Strategies, Not Rhetoric, Will Lead to a Stronger California Economy

The State of California has ignited significant interest in regional economic development through its Community Economic Resilience Fund (CERF) program, a $600 million initiative supporting innovative plans and strategies to diversify local economies and develop sustainable industries. State leaders recently announced the first round of CERF awards and identified 11 entities selected for funding, with [...]

2022-12-05T14:09:24-08:00November 16th, 2022|CALED News|

CALED Signs on to Encourage Administration to Continue Engagement to Avoid Rail Strike

With the potential for a rail strike still looming, CALED joined with other trade associations in California and around the country to ask the Biden Administration to continue to “work with the railroad unions and railroads to ensure that the tentative agreement that you helped broker is ratified by the parties.” To see who else [...]

2022-10-31T16:11:24-07:00October 31st, 2022|CALED News|
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