Press Releases

Washington, D.C. – As part of the 2026 National Association of Manufacturers State of Manufacturing Tour, Ketchie President and Owner Courtney Silver hosted the NAM for a discussion on how tax certainty due to the NAM-backed H.R. 1 has empowered manufacturers like her to reinvest in their workforce and facilities.

The tour stop was covered by Business North Carolina. Excerpts of the report can be found below. Bolding has been added.

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Ketchie CEO credits Trump’s ‘beautiful bill’ with helping her machine shop prosper
Business North Carolina
Kevin Ellis
Feb. 23, 2026
https://businessnc.com/ketchie-ceo-credits-trumps-beautiful-bill-with-helping-her-machine-shop-prosper/

Miguel Carrillo describes himself as a “machine nerd,” and he had an engaged audience on Monday watching him operate a $700,000 device brought in last year to Concord-based Ketchie, the machine shop where he works.

Ketchie may only have 20 employees, but it was a stop on the State of Manufacturing Tour that National Association of Manufacturers President Jay Timmons began last week in Cleveland and will continue across the country after visiting three Charlotte-area sites on Monday. Tagging along with Timmons at Ketchie was Acting Deputy Secretary of the U.S. Treasury Derek Theurer, U.S. Rep. Tim Moore of Cleveland County and NC Chamber President Gary Salamido.

Ketchie CEO Courtney Silver was a supporter of the “One Big Beautiful Bill,” the legislation signed into law last year by President Donald Trump. She testified at congressional hearings before its passage about how it would help small businesses. Timmons said he had heard so much about Ketchie’s new machines, he wanted to see them in action.

The tax bill that eliminates income tax on overtime and tips for some workers also allows businesses to reduce their tax bills on investments immediately, rather than spreading the reduction out over several years, says Silver.

“When you can expense an investment in the year it was purchased, it provides cash flow to companies and continues to allow them to make new investments,” says Silver.

Ketchie purchased three machines last year that combined cost more than $1.1 million, plus made about $400,000 in other investments, including AI software that has cut some hour-long processes down to five minutes.

“I would have never made those investments without immediate expensing,” Silver says. She says she’s also looking to add five workers to her shop.

“This is a perfect example of what you can do to help build America and American manufacturing with the right policies in place,” says Timmons.

Theurer said it was nice to see advanced manufacturing take place in a North Carolina factory rather than spending his day on policy in the nation’s capital.

“This type of investment is what we intended to see when we made our big tax policy and worked for smarter regulation,” said Theurer.

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Ketchie supplies metal parts to railroad, aerospace and heavy industry manufacturers, such as Charlotte steelmaker Nucor, Davidson-based HVAC company Trane and Norfolk Southern. The company was started in 1947 by Edgar Ketchie, the grandfather of Silver’s late husband.

On Monday, Carrillo was machining a steel part needed by an industrial recycling company. The Dual Spindle 5-Axis Machining Center that Ketchie bought last year doesn’t require Carrillo to reset the machine for the other side of the metal part, which is about half the size of a deck of cards, but grooved. It means quicker production and fewer human errors, he says.

“It allows me to step out and allows the machine to do the heavy lifting,” says Carillo. The advanced manufacturing aspect attracted the 2024 graduate of A.L. Brown High School to work at Ketchie after starting in a job shadowing program while a high school junior. “It’s nice when a machine can do one thing, but it’s really nice when a machine can do a lot of things.”

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Background

Learn more about Silver’s testimony before Congress in 2025 on the importance of preserving the pro-manufacturing policies of the Tax Cuts and Jobs Act here.

KEY FACTS: If Congress had failed to preserve tax reform in 2025, the U.S. would have risked:

• 5.9 million lost jobs;
• A $540 billion reduction in employee compensation; and
• A $1.1 trillion shortfall in U.S. GDP.

-NAM-

The National Association of Manufacturers is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs nearly 13 million men and women, contributes $2.95 trillion to the U.S. economy annually and accounts for 53% of private-sector research and development. The NAM is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the NAM or to follow us on Twitter and Facebook, please visit www.nam.org.