SIC 3325 Steel Foundries, Not Elsewhere Classified

Contenidos

• NAICS CODE(S).
• FURTHER READING.

SIC 3325

This classification covers establishments primarily engaged in manufacturing steel castings, not elsewhere classified.

NAICS CODE(S)

331513

Steel Foundries (except Investment)

According to the U.S. Census Bureau, roughly 275 establishments operated in this category in the early 2000s. Industry-wide employment in 2000 totaled 22,568 workers, receiving a payroll of almost $800 million. U.S. Census figures for 2002 to 2004 rolled together the steel foundries, steel investment foundries, and iron foundries into a single category called ferrous metal foundries. This general industry employed 93,360 in 2005, down from 99,487 in 2002. Overall shipments for this NAICS classification were valued at $3.44 billion in 2005.

The Great Lakes area has the heaviest concentration of steel foundries, and Ohio's more than 20 establishments rank first in terms of shipments. At the same time, Pennsylvania has more foundries than any other state, but its more than 30 establishments rank third in terms of shipments. Wisconsin ranks second in terms of shipments.

The Bureau of Labor Statistics projected a bleak future for this industry's occupations. Except for industrial machinery mechanics, sales workers, millwrights, and industrial production managers, all other occupations were expected to face reductions in employment levels. The many steel foundry occupations that expected to face a reduction of more than 10 percent in the early 2000s included general laborers, grinders, precision workers, blue-collar worker supervisors, mold assembly and shakeout operators, inspectors, metal pourers, truck operators, grinding machine operators, furnace machine operators, welders, assemblers, hand workers, electricians, material handlers, and janitors.

Leading the industry in the United States in overall sales was Dallas-based Commercial Metals Co., with 11,773 employees and sales of just over $7.5 billion for its fiscal year ended August 31, 2006. Worthington Industries Inc. of Columbus, Ohio, followed Commercial Metals with 8,000 employees and $3 billion in sales for its 2006 fiscal year. Rounding out the top three industry leaders was Pittsburgh-based Allegheny Ludlum Corp., a subsidiary of Allegheny Technologies. Allegheny, which employed roughly 6,000 workers, sought to capture market share by setting up a production line at its plant at Massillon, Ohio, which was acquired in 1998 from Bethlehem Steel Corp. and was...