Analysis
NAICS 332117 is the 2022 national industry for powder metallurgy part manufacturing, part of 33211 (Forging and Stamping). Census lists 1 example activities under it in the official index.
County Business Patterns counts 134 US establishments in this code in 2023, employing 8,859 people at an average annual payroll of $60,232 per employee (33rd percentile of national industries). 14% of the establishments have fewer than five employees, which points to larger operations.
By establishments it ranks 4th of the 5 codes at this level within Forging and Stamping, with 6.9% of them.
Between 2018 and 2023 the number of establishments fell 1% and employment fell 10%. 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.
Official definition
This U.S. industry comprises establishments primarily engaged in manufacturing powder metallurgy products using any of the various powder metallurgy processing techniques, such as pressing and sintering or metal injection molding. Establishments in this industry generally make a wide range of parts on a job or order basis.
Source: US Census Bureau, NAICS 2022 Manual.
Index entries (1)
- Powder metallurgy products manufactured on a job or order basis