Other fabricated metal product manufacturing (NAICS 332999) industry trends
The other fabricated metal product manufacturing industry includes firms that manufacture fabricated metal products such as metal valve manufacturing. Metal valve manufacturing firms produce industrial valves, fluid power valves and hose fittings, plumbing fixture fittings and trim and other metal valves and pipe fittings. Examples of metal valve manufacturing include fire hydrants manufacturing and fluid power aircraft subassemblies. Additionally, the industry includes ball and roller bearing manufacturing and small arms ammunition manufacturing.
The Census Bureau’s most recent data indicates that there are approximately 6,849 firms within this industry. The majority of firms within this industry are metal valve manufacturers.
According to Sageworks’ industry data, the industry’s net profit margin during the last 12 months was 7.51 percent. During this time, the average gross profit margin was 33.26 percent.
The graph below shows business statistics for the average company in the other fabricated metal product manufacturing industry.