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SIC 3425 Saw Blades and Handsaws
SIC 3425
This category covers establishments primarily engaged in manufacturing handsaws and saw blades for hand- and power-driven saws. Establishments primarily engaged in manufacturing power-driven sawing machines are classified in the major group for industrial and commercial machinery and computer equipment.
332213
Saw Blade and Handsaw Manufacturing
According to the U.S. Census Bureau, roughly 175 establishments operate in this category. Industry-wide employment in 2000 totaled 9,724 workers receiving a payroll of almost $344 million; 6,703 of these employees worked in production, putting in almost 14 million hours to earn wages of more than $196 million. Overall shipments for the industry were valued at approximately $1.293 billion in 2005.
After 2001, the U.S. Census Bureau combined the saw blades and handsaws industry with another, for the purpose of tracking employment, to form the larger category of hand tool and saw blade manufacturing. Industry-wide employment in this larger category was 44,271 workers in 2004 (down from 51,603 in 2002) receiving a payroll of $1.7 billion. Of these employees, 31,758 worked in production, putting in more than 63 million hours to earn total wages of $1 billion.
Blount International Inc. of Montgomery, Alabama, the industry leader at the time with 1998 sales of almost $832 million and 5,300 employees, merged with Lehman Brothers Merchant Banking Partners II L.P. in an April 1999 consolidation worth $1.35 billion. By 2003, Blount had moved its headquarters to Portland, Oregon. Sales in 2005 year totaled $756 million. Vermont American Corp. of Louisville, Kentucky held second place in the industry with sales of more than $400 million. In 1998, Vermont American implemented training and teamwork programs for its nonunionized manufacturing workers and its unionized distribution center workers, resulting in improved customer service, improved turnover of inventory, and profits surpassing corporate projections. In 2000, Robert Bosch GmbH raised its stake in Vermont American from 50 percent to 100 percent, making it a wholly owned subsidiary. Other industry leaders included Black & Decker Corp.'s Power Tools and Accessories division of Towson, Maryland; L.S. Starrett Co. of Athol, Massachusetts; and W.C.I. Outdoor Products Inc. of Nashville, Arkansas.
Shipments for the saw blades and handsaws industry fell steadily throughout the late 1990s and early...
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- Fabricated Metal Products, Except Machinery and Transportation Equipment
- SIC 3411 Metal Cans
- SIC 3412 Metal Shipping Barrels, Drums, Kegs, and Pails
- SIC 3421 Cutlery
- SIC 3423 Hand and Edge Tools, Except Machine Tools and Handsaws
- SIC 3425 Saw Blades and Handsaws
- SIC 3429 Hardware, Not Elsewhere Classified
- SIC 3431 Enameled Iron and Metal Sanitary Ware
- SIC 3432 Plumbing Fixtures and Fittings
- SIC 3433 Heating Equipment, Except Electric and Warm Air Furnaces
- SIC 3441 Fabricated Structural Metal
- SIC 3442 Metal Doors, Sash, Frames, Molding, and Trim
- SIC 3443 Fabricated Plate Work—Boiler Shops
- SIC 3444 Sheet Metal Work
- SIC 3446 Architectural and Ornamental Metal Work
- SIC 3448 Prefabricated Metal Buildings and Component Manufacturing
- SIC 3449 Miscellaneous Structural Metal Work
- SIC 3451 Screw Machine Products
- SIC 3452 Bolts, Nuts, Screws, Rivets, and Washers
- SIC 3462 Iron and Steel Forgings
- SIC 3463 Nonferrous Forgings
- SIC 3465 Automotive Stampings
- SIC 3466 Crowns and Closures
- SIC 3469 Metal Stampings, Not Elsewhere Classified
- SIC 3471 Electroplating, Plating, Polishing, Anodizing, and Coloring
- SIC 3479 Coating, Engraving, and Allied Services, Not Elsewhere Classified
- SIC 3482 Small Arms Ammunition
- SIC 3483 Ammunition, Except for Small Arms
- SIC 3484 Small Arms
- SIC 3489 Ordnance and Accessories, Not Elsewhere Classified
- SIC 3491 Industrial Valves
- SIC 3492 Fluid Power Valves and Hose Fittings
- SIC 3493 Steel Springs, Except Wire
- SIC 3494 Valves and Pipe Fittings, Not Elsewhere Classified
- SIC 3495 Wire Springs
- SIC 3496 Miscellaneous Fabricated Wire Products
- SIC 3497 Metal Foil and Leaf
- SIC 3498 Fabricated Pipe and Pipe Fittings
- SIC 3499 Fabricated Metal Products, Not Elsewhere Classified
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