California Governor Gavin Newsom yesterday announced nearly $100 million in tax credits spread across nine different companies to create new jobs and strengthen manufacturing in the Golden State. 

The Governor's Office of Business and Economic Development awarded $99.9 million in California Competes Tax Credits to support some 2,752 new jobs with an average weighted annual salary of $139,000. According to Governor Newsom, the investment will fetch more than $370 million in new private money.