First Research US Industry Profile

Already a subscriber?  Login >>

View Sample
Machine Shops
SIC Codes: 3599
NAICS Codes: 33271
Last Quarterly Update: 11/4/2019
Companies in this industry use machine tools to modify metal, plastic, and composite materials to produce finished products. No major companies dominate the industry.
Worldwide, revenue for machine shops varies with manufacturing output. Because machine shops play a manufacturing support role, often operating as de facto subsidiaries of their customers, their work tends to be local.
The US machine shop industry includes about 19,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $36 billion.
Competitive Landscape
Demand depends on manufacturing activity. The profitability of individual companies is linked to engineering expertise and operating efficiency. Larger shops have the ability to invest in advanced production machinery. Smaller shops can compete effectively by serving specialized customers, or by providing engineering services. The US industry is highly fragmented: the 50 largest companies generate about 10% of revenue.
Products, Operations & Technology
Machine shops are intermediaries in industrial production: generally, they receive unfinished parts or raw materials from a manufacturer, perform various ... plus:
Sales & Marketing
,
Finance & Regulation
,
Regional & International Issues
,
Human Resources
Also includes the following chapters:
Quarterly Industry Update
,
Industry Indicators
,
Business Challenges
,
Trends and Opportunities
,
Call Preparation Questions
,
Financial Information
,
Industry Forecast
,
Industry Websites
,
Glossary of Acronyms

Historical Profiles (PDF format)

02/25/2019
11/19/2018
08/20/2018
05/21/2018
02/19/2018
11/13/2017
08/14/2017
05/15/2017
02/20/2017
11/14/2016
08/15/2016
05/16/2016
02/22/2016
11/16/2015
08/17/2015
05/25/2015
02/23/2015
11/24/2014
09/01/2014
06/09/2014
03/10/2014
12/02/2013
09/09/2013
06/17/2013
03/25/2013
12/17/2012
09/24/2012
07/09/2012
04/16/2012
01/09/2012
10/03/2011
06/27/2011
03/21/2011
12/06/2010
09/13/2010
06/07/2010
03/01/2010