My answer is usually no! We are in a different space, where those who can do high quality work are more valuable than skilled managers. If you have an extraordinary performer that needs to stay motivated there is a better way than promotion.
Provide them with in-service training to get even better at creating value in the flow of their work - inputs and outputs. Involve them in planning sessions and strategy workshops.
Create more pay for performance. But don’t take them out of production. Sales are challenged...margins are tight... profitable production rules!
Be encouraged,
Barry