NAM Tour Highlights How Tax Reform Fuels Growth in North Carolina
2026 NAM State of Manufacturing Tour Stops in Charlotte and Concord, North Carolina
CHARLOTTE – The National Association of Manufacturers—official partner of America250—in partnership with the North Carolina Chamber, continued its 2026 NAM State of Manufacturing Tour today in Charlotte and Concord, North Carolina, under the theme “Competing for the Future.”
The tour stop highlighted how the NAM-backed H.R. 1 is creating a more competitive tax environment—and why sustaining that certainty, along with regulatory rebalancing, modern infrastructure and reliable energy, is critical to driving continued investment and job creation across the sector. Today’s visits included Ketchie Inc., Siemens Energy and Electrolux.
“Here in North Carolina, we’re seeing exactly what tax certainty makes possible,” said NAM President and CEO Jay Timmons. “Thanks to President Trump and leaders in Congress, the pro-growth provisions in H.R. 1 were made permanent and strengthened, delivering a win for manufacturers of all sizes. To make the United States the best place in the world to do business and so manufacturers across North Carolina can keep investing, hiring and competing, we must build on that tax foundation we secured. That means enacting comprehensive, commonsense permitting reform to unleash American energy dominance, driving the funding we need for strong, modern infrastructure, modernizing regulations, investing in our manufacturing workforce and implementing smart AI policy—all through a comprehensive manufacturing strategy.”
Ketchie President and Owner Courtney Silver hosted the first stop of the day with a tour and panel 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. Silver emphasized that pro-growth tax policies, such as permanent full expensing, have enabled business owners to remain agile and competitive. With that tax certainty in place, Ketchie has invested in new critical machinery—expanding capacity, increasing efficiency and positioning the company to hire, grow and compete for the long term.
The tour then moved to Siemens Energy, which recently announced a $421 million expansion in North Carolina to grow its large power transformer manufacturing and continue gas turbine production in Charlotte—an investment expected to create 500 new jobs statewide.
The day concluded at the North American headquarters of Electrolux, the global home appliance manufacturer, employing hundreds in the Charlotte region.
Throughout the day, business leaders highlighted the impact of North Carolina’s nearly 500,000 manufacturing workers who make up more than 11% of the workforce and power the largest manufacturing sector in the Southeast.
Timmons was joined by North Carolina Chamber President and CEO Gary Salamido and other NAM leaders throughout the day. Deputy Secretary of the Treasury Derek Theurer and Rep. Tim Moore (R-NC) participated in the visit to Ketchie.
“Thanks to America First policies, domestic manufacturing is back, and we’re seeing serious investments right here in North Carolina,” said Rep. Moore. “It was great to join the National Association of Manufacturers at Ketchie alongside Deputy Secretary of the Treasury Derek Theurer to see firsthand how tax certainty and pro-growth policies are giving companies the confidence to expand and compete with anyone in the world.”
“North Carolina’s manufacturers are a major driver of our state’s economy, contributing a higher-than-average 15% of our gross state product,” said Salamido. “With a manufacturing tradition like ours, we are proud to partner with the NAM to show the nation that our state is the premier destination for manufacturing, so long as pro-business policies allow for it.”
From Charlotte, the 2026 NAM State of Manufacturing Tour will go on to Milwaukee, Wisconsin; Dallas and Houston, Texas; and Phoenix, Arizona. The tour made stops in New York City, Cleveland and Pennsylvania prior to today’s events in Charlotte. Throughout the tour, the NAM will continue meeting with policymakers, manufacturers of all sizes, students and business leaders, advocating for the people and policies that will ensure the United States is the best place in the world to do business. To learn more about the tour and the NAM’s mission, visit https://nam.org/stateofmfg/.
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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.