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ICYMI: NAM’s Jay Timmons, SBA Administrator Kelly Loeffler Join Fox Business to Discuss Inaugural Supplier Matchmaking Expo

Over 800 Small Business Suppliers to Join at Charlotte Motor Speedway

Watch NAM’s Jay Timmons and SBA Administrator Kelly Loeffler on Fox Business

Washington, D.C. – Today, the National Association of Manufacturers and the U.S. Small Business Administration host the inaugural 2026 Supplier Matchmaking Expo at Charlotte Motor Speedway in North Carolina. There, large manufacturers will connect with smaller suppliers, strengthening their U.S. supply chains and paving the way for more job creation and investment in American industrial dominance.

Ahead of the event, NAM President and CEO Jay Timmons and SBA Administrator Kelly Loeffler joined “Mornings with Maria” on Fox Business to discuss the state of manufacturing.

On Impact of H.R. 1 for Manufacturers

JAY TIMMONS: “I was here … in Charlotte where I got to see the benefits of H.R. 1. We were at Ketchie … the CEO of that company had signs all over her plant showing which machines were able to be purchased because of the tax reforms of 2017 and 2025. You put that together with regulatory modernization and energy development, and then you start putting together small manufacturers who can actually contribute to the supply chain and you’ve just got a supercharged economy. SBA Administrator Kelly Loeffler has been all over the road for the last 57 weeks, I think, pointing out how we need to really strengthen and supercharge the power and the might of small manufacturers here in the United States.”

On 2026 Supplier Matchmaking Expo

KELLY LOEFFLER: “We’re so proud to partner with the National Association of Manufacturers to bring large manufacturers like Ford, Siemens, Boeing, Lockheed and many others together with a half dozen federal agencies and then nearly 900 small businesses. And this is the energy that we see on the ground—that small manufacturers are seeing a ramp-up in orders. You saw that in the ISM, both the services and the manufacturing data, two consecutive months of expansion. What’s exciting about this is that’s a forward-looking metric, as is the small business optimism that we see in this sector. Seventy percent of companies expect revenue growth, half expect to expand. I’ve talked to manufacturers that expect to double, and we’ve seen the demand from large manufacturers that need their subcontractors, companies like Ford that use 5,000 small business manufacturers to help strengthen their supply chain. Those manufacturers need to be in America. Those are American jobs, and that’s why we’re so excited to host this event today in Charlotte.”

On Manufacturing Workforce Needs

TIMMONS: “There are about 400,000 open jobs in manufacturing right now, and what we’re seeing is a need for more highly specialized jobs on the technical side—technicians who can help us develop AI and infuse AI into our workforce. About 50% of small businesses right now use AI in their operations. That number will grow to about 80% by the year 2030. So, think in terms of jobs that we don’t even have an idea of what they look like today. Every generation … the job types in manufacturing change so substantially, and AI, I think, is going to take us in a whole different direction.”

LOEFFLER: “What we see on the ground is strong demand for the skilled workforce, and that’s what we’re working with small businesses on. They have millions of jobs open. This is what our mandate is now … to help create the skilled workforce of the future because those jobs are out there, as Jay said, and we need to make sure that our young people are ready to take those jobs on.”

-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.

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