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Fabricated Metal Product Manufacturing Report Summary

SIC Codes: 3291 3315 3398 3399 3411 3412 3421 3423 3425 3429 3431 3432 3441 3442 3443 3444 3446 3448 3449 3451 3452 3462 3463 3466 3469 3479 3482 3483 3484 3489 3491 3492 3493 3495 3498 3499 3543 3562 3599
NAICS Codes: 332111 332112 332114 332117 332119 332215 332216 332311 332312 332313 332321 332322 332323 332410 332420 332431 332439 332510 332613 332618 332710 332721 332722 332811 332812 332813 332911 332912 332913 332919 332991 332992 332993 332994 332996 332999

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  • Industry Overview
  • Quarterly Industry Update
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Fabricated Metal Product Manufacturing Industry Overview

Excerpt from Fabricated Metal Product Manufacturing Report

Companies in this industry transform purchased metals into intermediate or end-use products by forging, stamping, bending, forming, welding, machining, and assembly. Major companies include Ball Corporation, Flowserve, Mueller Industries, Snap-On, and The Timken Company (all headquartered in the US), as well as Jiangsu Guotai International (China), Schaeffler Technologies (Germany), and Toyo Seikan Kaisha (Japan). Because of the special manufacturing processes involved for individual parts, most companies make a limited range of products.

Competitive Landscape

Demand is driven largely by the needs of other industrial companies and is therefore linked to economic growth. The profitability of individual companies depends on technical expertise and efficient manufacturing. Large companies have economies of scale in purchasing raw materials. The specialized nature and use of many products allows smaller companies to compete effectively.

Products, Operations & Technology

Major segments of the fabricated metal products industry include architectural and structural products; forging and stamping; machining; cutlery, tools, and kitchenware; boilers, tanks, and containers; hardware; springs and wires; coating, plating, and polishing; and valve and pipe manufacturing. Leading sources of revenue include fabricated structural and architectural metal products (20 percent), along with machine shops; boilers, tanks, and containers; and coating, engraving, and heat treating (each about 10 percent). Other major products and services include industrial valves and metal stamping.

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