SIC 3965 Fasteners, Buttons, Needles, and Pins

Contenidos

• NAICS CODE(S).
• FURTHER READING.

SIC 3965

This industry includes companies that make notions, such as slide and snap fasteners and zippers, machine and hand needles, pins, hooks and eyes, buckles, buttons, button parts, and button blanks. Companies that make these items from precious metals or from precious or semiprecious stones are classified in SIC 3911: Jewelry, Precious Metals.

NAICS CODE(S)

339993

Fastener, Button, Needle, and Pin Manufacturing

According to the U.S. Census Bureau, 183 establishments operated in this category for part or all of 2004. Industry-wide employment totaled approximately 4,610 workers receiving a payroll of more than $159 million. Companies in this industry tended to be smaller in size, with about 68 percent employing less than 20 workers. The Annual Survey of Manufactures reported that overall shipments for the industry were valued at nearly $776 million in 2005. Additionally, the industry employed a total of 2,805 production workers in 2004, who collectively put in more than 6 million hours to earn wages of nearly $88 million.

The industry leader in 2005 was YKK Snap Fasteners America Inc. of Lawrenceburg, Kentucky, with sales of nearly $763 million. Second was Wolcott, Connecticut-based Anstro Manufacturing Inc. with $182 million in 2005 sales and 200 employees. QSN Manufacturing Inc. of Bensenville, Illinois, rounded out the top three with $92 million in 2005 sales and 250 employees.

Leading the industry was the buttons and parts segment—including button backs, blanks, and molds, but excluding buttons and button parts made of precious metals or precious or semiprecious stones—accounting for 35 percent of the industry's 2002 shipping values. Following this was the needles, pins, buckles, and fasteners market—made from metals and both natural and manmade fibers (except precious metals and precious or semiprecious stones)—that comprised a nearly 30 percent share. Zippers, slide fasteners, buttons, and button parts—made from both plastics and metals—were less dominant with a 23 percent share, though they are notable types of industry products. Nearly 90 percent of industry output re-entered as components for other manufacturing industries. Of these, apparel, shoes, knitting mills, and household furniture makers were...