SIC 3821 Laboratory Apparatus and Furniture

Contenidos

• NAICS CODE(S).
• FURTHER READING.

SIC 3821

Establishments in this industry are primarily engaged in manufacturing laboratory apparatus and furniture. The main products of this industry include baths and melting point apparatus, laboratory furniture such as furnaces and ovens, component parts and accessories for instruments, and centrifuges.

NAICS CODE(S)

339111

Laboratory Apparatus and Furniture Manufacturing

According to the U.S. Census Bureau, 422 establishments operated in this category for part or all of 2004. Industry-wide employment totaled approximately 22,693 workers receiving a payroll of more than $1.1 billion. Establishments generally were small in both size and sales volume when compared to the entire manufacturing industry. Of the companies within the industry, only 10 percent had more than 500 employees and less than 20 percent employed more than 100 people. The Annual Survey of Manufactures reported that overall shipments for the industry were valued at more than $5.0 billion in 2005. Additionally, for the industry a total of 12,070 employees worked in production in 2005, putting in nearly 24 million hours to earn wages of nearly $457 million.

Bio-Rad Laboratories Inc. of Hercules, Massachusetts, was the industry leader in 2005, with sales of more than $2.8 billion and 5,200 employees. Rainin Instrument LLC of Woburn, Massachusetts, had nearly $1.5 billion in 2005 sales. Third place Apogent Technologies Inc. of Hampton, New Hampshire, had nearly $1.2 billion in sales and 7,400 employees.

The markets for this industry tend to be technologically advanced. The laboratory apparatus and furniture industry is stable domestically, with a small but growing market for international trade, given the global nature of many of its markets. The steady increase has been attributed to growth in exports, and to an increase in medical and scientific research. Other driving forces behind this trend included technology, geographic expansion, and diversification of product range, among others.

Total shipment values for this industry increased steadily during the late 1990s and early 2000s, rising from $2.33 billion in 1998 to $2.78 billion in 2001. By 2002 shipment values rocketed to $4.2 billion, an increase of 34 percent, and this growth continued with 2005 shipment values totaling $5.0 billion. The industry is divided into three categories: hospital beds, hospital furniture, and laboratory apparatus and furniture. Hospital beds...