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During the first year of CMTC's five year award to be California's Manufacturing Extension Partnership Center, we have made great progress in building a statewide network to serve Small and Medium-Sized Manufacturers (SMMs).
Last year, the Los Angeles County Economic Development corporation's Institute for Applied Economics used independent third party 2016 project survey data to determine the economic impact of CMTC's work with clients on California's economy.
The results included:
- A contribution of $3.3 Billion to California's GDP
- More than 10,000 created/retained jobs
- More than $291 Million in local, state and federal tax revenues
This impact can be attributed to the hard work of the CMTC Team and our partners in California's Manufacturing Network.
CMTC is part of the U.S. Department of Commerce Hollings Manufacturing Extension Partnership (MEP) Program that ensures our high customer satisfaction ratings. All customers are surveyed by an independent third-party to verify that we have delivered impact to our clients.
CMTC's California Manufacturing Network provided solutions to improve the growth and profitability of more than 1,100 small and medium-sized manufacturers in 2017.