332112

Analysis

NAICS 332112 is the 2022 national industry for nonferrous forging, part of 33211 (Forging and Stamping). Census lists 8 example activities under it in the official index.

County Business Patterns counts 53 US establishments in this code in 2023, employing 6,018 people at an average annual payroll of $86,644 per employee (75th percentile of national industries). 17% of the establishments have fewer than five employees, which points to larger operations.

By establishments it ranks 5th of the 5 codes at this level within Forging and Stamping, with 2.7% of them.

Its index entries, the activities Census uses to assign businesses to this code, include aluminum forgings made from purchased metals, unfinished, cold forgings made from purchased nonferrous metals…, copper forgings made from purchased metals, unfinished and hammer forgings made from purchased nonferrous metals…, among 8 in all.

Between 2018 and 2023 the number of establishments fell 9% and employment fell 4%. The 2018 count used NAICS 2017, so part of a large move can come from codes being redefined rather than from businesses opening or closing.

Its goods appear in 1 statistical lines of the US tariff schedule, mostly under headings 7616 (other articles of aluminum). That link is how import data is matched to domestic producers, for example in trade-remedy cases.