California Manufacturing Technology

“A copy of the completed form is uploaded to a secure file-sharing website and a link provided via email to each board member.”

“The cmtc employee handbook includes a conflict of interest policy. Each cmtc employee signs a handbook acknowledgement form upon employment and again each time the handbook is updated. These forms are retained by the human resources department in each employee's file. Board members sign annual conflict of interest statements. These forms are retained by the chief financial officer. A conflict in interest would be investigated by human resources, the cfo, the ceo and/or the chair of cmtc's board of directors, depending upon where the conflict is reported to exist.”

“Cmtc hires an independent compensation consultant to do a compensation study comparing our positions and job descriptions to the link in the industry and in other compensation indexes. The consultant uses many compensation indices for a broader median response. We update current salary band ranges for each position in the company based on the compensation study and present them to the compensation committee of our board of directors. The compensation committee reviews the results and makes its recommendation to the board for final approval.”

“Governing documents, conflict of interest policy, and financial statements are available upon request.”

“Cmtc is a non-profit consulting company whose mission is to create solutions for the improvement of our customers' performance by fostering innovation and sharing knowledge. Cmtc provides solutions to achieve growth and profitability for manufacturers, and including the sustainment and modernization of legacy parts for the defense industry. Cmtc is affiliated with the national institute of standards and technology (nist) and is part of the department of commerce hollings manufacturing extension partnership (mep) program. The mep program contains 51 centers across the u.s. To serve the manufacturing community. Quarterly surveys ensure full accountability and a performance scorecard of certified value for our customers. The mep program is an outgrowth of the u.s. Government policy to develop and deploy technology, management and technical expertise for improving the competitiveness of manufacturing for small and medium-sized companies. These companies are critical to california, representing significant job growth for high-paying jobs having a 3-5 job multiplier effect in the economy. This means for every new manufacturing job created or retained, there are 3-5 supporting jobs.”