SIC 3549 Metalworking Machinery, Not Elsewhere Classified

SIC 3549

This classification covers establishments primarily engaged in manufacturing metalworking machinery, not elsewhere classified. Establishments primarily engaged in manufacturing automotive maintenance equipment are classified in SIC 3559: Special Industry Machinery, Not Elsewhere Classified.

NAICS CODE(S)

333518

Other Metalworking Machinery Manufacturing

According to the U.S. Census Bureau, 406 establishments operated in this category for part or all of 2004. Industry-wide employment totaled approximately 12,795 workers receiving a payroll of more than $660 million. Of that number, just more than half (53 percent) employed fewer than 20 workers, an industry situation consistent with previous years. The Annual Survey of Manufactures reported that overall shipments for the industry were valued at nearly $2.4 billion in 2005. Additionally, for the industry a total of 7,142 employees worked in production in 2004, putting in nearly 15 million hours to earn wages of more than $336 million.

This industry includes special purpose machinery such as robotics machinery, which alone encompassed a growing trend in manufacturing. As the industry continues to automate repetitive and often dangerous tasks, the use of assembly machines is expected to increase. The growth in this industrial classification during the early-to-mid-1980s was a testament to this trend.

In 2005 Cleveland Formtek Inc. of Cleveland, Ohio, led the industry with $372 million in sales and 60 employees. Hardinge Inc. of Elmira, New York, was in second place with nearly $290 million in 2005 sales and 1,429 employees. Park Corp., also in Cleveland, Ohio, was in third place with nearly $271 million in 2005 operating revenue and 3,174 employees.

The product share of this classification is divided into two categories: assembly machines and other metalworking machinery (except handheld and ultrasonic). Assembly machinery led with 68 percent of shipment values in 2002, highlighted by the subcategory special-purpose and other types of metalworking assembly machines at 32 percent of total shipment values. Meanwhile, the category of other metalworking machinery (except handheld and ultrasonic) accounted for about 13 percent of the industry's shipment values, followed by cut-to-length coil handling lines (conversion or straightening; except handheld and ultrasonic) at about 6 percent.

The "other metalworking machinery manufacturing" industry...