SACRAMENTO \u2013 Gov. Gavin Newsom today announced the Governor\u2019s 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.<\/p>\n
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.<\/p>\n
\u201cCalifornia\u2019s global leadership in innovation and manufacturing continues to set us apart. Through programs like CalCompetes, we\u2019re attracting companies and helping them grow successfully in our state, creating good-paying jobs and opportunities for Californians,\u201d noted Newsom.<\/p>\n
This round of CalCompetes awards supports a diverse range of manufacturers, spanning sectors including aerospace, wastewater treatment, and microelectronics. Manufacturing, identified as both a \u201cstrengthen\u201d and \u201caccelerate\u201d sector within the state\u2019s 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.<\/p>\n
Through the below awards, the state is investing in the workforce, infrastructure and innovation that drive the growth of this critically important sector:<\/p>\n
Atomic Machines Inc.\u00a0is 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.
\nBright Machines\u00a0is scaling their data center infrastructure manufacturing facility with a $62.9 million investment, creating 295 jobs in Fremont.
\nHadrian Automation, Inc.\u00a0is creating 650 jobs and investing $52 million in Torrance and Northern California to expand their aerospace component manufacturing.
\nBella Phytologic\u00a0is investing $33 million in its Santa Rosa and Sonoma County vitamin and supplement manufacturing facilities.
\nGimme 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.
\nPacific Scientific Energetic Materials Company (California) LLC\u00a0is investing $18 million to expand its diagnostic and measurement device manufacturing facility in Hollister.
\nCommunity Infrastructure Investment Group, Inc.\u00a0will invest $12.8 million to establish its wastewater treatment equipment manufacturing facility in Fresno.
\nTrue Anomaly\u00a0will expand its satellite manufacturing facilities in Long Beach, creating 400 jobs along with a $12.7 million investment.
\nColor Image Apparel, a clothing design and manufacturer, will expand its Beverly Hills headquarters, adding 774 jobs and making $2.5 million in investments.<\/p>\n
\u201cThese companies represent the next generation of California innovation,\u201d said Dee Dee Myers, Senior Advisor to Gov.\u00a0 Newsom and Director of GO-Biz. \u201cFrom advanced manufacturing to clean technology, these investments strengthen the industries that define our economy and accelerate inclusive, economic growth across the state.\u201d<\/p>\n
To date,\u00a0CalCompetes\u00a0has 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.<\/p>\n