SIC 2295 Coated Fabrics, Not Rubberized

Contenidos

• NAICS CODE(S).
• FURTHER READING.

SIC 2295

This industry includes establishments primarily engaged in manufacturing coated, impregnated, or laminated textiles, and in the special finishing of textiles, such as varnishing and waxing. Establishments primarily engaged in rubberizing purchase fabrics are classified in SIC 3069: Fabricated Rubber Products, Not Elsewhere Classified, and those establishments engaged in dyeing and finishing textiles are classified in various textile industries or SIC 2231: Broadwoven Fabric Mills, Wool (Including Dyeing and Finishing).

NAICS CODE(S)

313320

Fabric Coating Mills

The coated fabrics (not rubberized) manufacturing industry is regarded as a part of the larger miscellaneous textile goods business sector. While the textile goods industry as a whole has seen its employment figures gradually drop over the past decade, employment figures for the coated fabrics industry increased for a short period before taking a downturn, as with other manufacturing sectors. In 2004 the total number of workers in the coated fabrics industry was 9,081 compared, to 10,929 in 2000. The total 2004 payroll for this industry was almost $360 million, and the workforce was comprised primarily of hourly production workers (6,314 in 2004).

During the late 1990s and early 2000s, the value of products shipped fluctuated. Figures rose from $2.12 billion in 1997 to $2.22 billion in 1998, dropped to $2.15 billion in 1999, increased to $2.41 billion in 2000, and then fell to $2.27 billion in 2001. The downward trend continued in 2002, when shipment values fell to $1.9 billion, before climbing to $2.6 billion in 2005. The majority of firms engaged in coated fabrics manufacturing post annual sales in excess of $20 million. More than 220 establishments operated in this category in 2002, according the U.S. Census Bureau.

The industry leader was Collins & Aikman Corp. of Southfield, Michigan, with 2003 sales of more than $3.9 billion and 23,900 employees. However, the company filed for chapter 11 bankruptcy protection in mid-2005. During the mid-2000s, industry leaders include Hexcel Corp. of Stamford, Connecticut, with 2005 sales of $1.12 billion and 4,455 employees; and Tempe, Arizona-based Cytec Engineered Materials, which changed its name from Cytec Fiberite Inc. in 2002. Cytec Engineered Materials operates as a subsidiary of Cytec Industries Inc., a firm with 4,460 employees and $1.5 billion in 2005 sales. Another significant...