Awardees span a range of the California Jobs First Economic Blueprint’s “strengthen” and “accelerate” sectors, including aerospace & defense, high-tech, clean economy, manufacturing and creative economy, reinforcing the state’s commitment to business expansion and job creation in the industries critical to California’s economic future.
Aerospace & Defense
California is the #1 state for aerospace manufacturing and home to one third of all US space tech companies. Continued investment in this sector ensures the state’s leadership in talent, infrastructure and public-private partnerships. Awarded companies in this sector include:
 Mach Industries is investing $32.5 millon to expand its defense technology manufacturing and research & development in Huntington Beach, Los Angeles and San Francisco, creating 1,057 jobs.
Apex Technology, Inc. is investing $165.5 million to expand its satellite manufacturing presence in Los Angeles and the broader Southern California region, creating 483 jobs.
Voyager Technology Inc. is investing $75 million to expand its Long Beach aerospace component manufacturing facility, creating 152 jobs.
Lanteris Space LLC is investing $16 million and creating 70 jobs to expand its satellite manufacturing facility in San Jose.
Clean Economy
As energy demand grows, California is accelerating its transition to a clean economy by investing in companies advancing decarbonization and energy innovation. Awardees from the clean economy sector include:
 MP Materials Corp. will expand its Mountain Pass rare earth mining and recycling facility to recycle rare earth minerals from retired electronic devices, creating 119 jobs with a $120 million investment.
Peak Energy Technology, Inc. is expanding in Sacramento and Burlingame, investing $71 million and creating 348 jobs to support its sodium-ion battery storage system manufacturing facility.
Harbinger Motors Inc. is creating 343 jobs in Garden Grove and Cypress with a $140 million investment to establish a battery manufacturing facility for use in its electric truck customizable chassis.
Radiant Industries, Inc. is investing $42.5 million to expand its portable power generator manufacturing headquarters in El Segundo, creating 254 jobs.
Creative Economy
By continuing to invest in the creative economy, the state remains committed to its growth and innovation, ensuring that California remains a global leader in the sector. The awarded creative economy company is:
 Entropico Inc. is investing $8 million to expand its film production services in Los Angeles.
High-Tech
Home to more than 2,000 semiconductor businesses employing 47,000 workers, California continues to advance the future of innovation and ensure long-term success in this sector. The awarded high-tech company is:
 Samsung Semiconductor, Inc. is scaling its San Jose semiconductor manufacturing & research and development with a $79.5 million investment, creating 400 jobs.
Manufacturing
With 1.2 million workers, California is home to the largest manufacturing workforce in the nation. From mass-market production to advanced manufacturing, the state is building on its strengths to support many of the strategic sectors. Awardees in the manufacturing sector include:
 Heron Power Electronics Company is expanding its electrical grid component manufacturing workforce by 601 in Morgan Hill and Scotts Valley with a $140.9 million investment.
S&E Gourmet Cuts, Inc. is expanding their food manufacturing in Vernon and San Bernardino, creating 338 jobs with a $30 million investment.
R. Torre & Company Inc. is creating 151 jobs in San Leandro, investing $67.7 million to expand its beverage manufacturing facility.
Glid Technologies Corporation is investing $11.9 million in heavy freight technology manufacturing facilities in Riverside and Auberry.
NMI Industrial Holdings, Inc. is investing $2.8 million to expand its metal product fabrication facilities in Los Angeles and Sacramento.
AB Medical Technologies Inc. is expanding medical device manufacturing facilities in Redding and Santa Clara with a $2 million investment.
California Nutritional Products, Inc. is expanding its cereal manufacturing facility in Mecca with a $1.4 million investment.
To date, CalCompetes has awarded tax credits to more than 1,200 businesses committed to creating nearly 169,000 full-time jobs based in California and generating over $54 billion in private investment in the state.
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