Employment
84,946
Total employees (Census CBP)
Manufacturing ·NAICS 32121
NAICS 32121 · IRS SOI 2023 · Census CBP
Veneer, Plywood, and Engineered Wood Product Manufacturing - Industry Benchmarks
$62,548/yr average annual pay, with 58 SBA loans on record for NAICS 32121.
- 1K
- Establishments
- 85K
- Workers employed
- $62,548/yr
- Avg payroll / employee
- $61M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 32121
Oregon leads Veneer, Plywood, and Engineered Wood Product Manufacturing activity nationally, across 1K establishments employing 85K workers. IRS SOI doesn't publish margin data at this NAICS level.
- 1K
- Business establishments (Census)
- 85K
- Workers employed (Census CBP)
- $62,548/yr
- Avg payroll / employee
- $61M
- SBA lending, FY20–26
Benchmarking Insights for Veneer, Plywood, and Engineered Wood Product Manufacturing
Veneer, Plywood, and Engineered Wood Product Manufacturing sits inside Manufacturing.
1,456 establishments employ 84,946 workers (58.3/location) at $62,548/yr average annual pay. Oregon leads employment, followed by North Carolina and Florida.
Avg Payroll / Employee
$62,548/yr
Annual compensation
Establishments
1,456
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment decreased by 136; establishment count increased by 11. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Workforce scale
Financial Detail
- Annual Payroll (Total)
- $5.3B
- Avg Employees per Establishment
- 58.3
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Engineered Wood Member (except Truss) Manufacturing NAICS 321213 | N/A |
| Hardwood Veneer and Plywood Manufacturing NAICS 321211 | N/A |
| Reconstituted Wood Product Manufacturing NAICS 321219 | N/A |
| Softwood Veneer and Plywood Manufacturing NAICS 321212 | N/A |
| Truss Manufacturing NAICS 321214 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| Oregon | 7,808 |
| North Carolina | 5,539 |
| Florida | 4,957 |
| Wisconsin | 3,940 |
| Indiana | 3,495 |
| Louisiana | 3,297 |
| Michigan | 3,058 |
| Virginia | 2,852 |
| Georgia | 2,719 |
| Alabama | 2,712 |
Showing top 10 of 48 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
58
Total Loan Volume
$61M
Avg Loan Size
$1048K
Jobs Supported
729
Program Breakdown
7(a) 43 (74%)
504 15 (26%)
Top SBA Lender
Mountain West Small Business F
4 loans in this industry
New Business Share
20.7% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 4
2021 14
2022 7
2023 5
2024 15
2025 12
2026 1
Frequently Asked Questions
How many businesses are in Veneer, Plywood, and Engineered Wood Product Manufacturing?
1,456 business establishments. Together they employ 84,946 workers.
What is the average payroll per employee in Veneer, Plywood, and Engineered Wood Product Manufacturing?
$62,548/yr average annual pay per employee. Businesses average 58.3 employees per establishment.
Which states have the most Veneer, Plywood, and Engineered Wood Product Manufacturing employment?
Oregon leads with 7,808 workers. North Carolina (5,539) and Florida (4,957) round out the top three.
How much SBA lending does Veneer, Plywood, and Engineered Wood Product Manufacturing receive?
Veneer, Plywood, and Engineered Wood Product Manufacturing businesses received 58 SBA loans totaling $61 million between FY2020 and FY2026. The average loan size was $1048K. These loans supported 729 jobs at origination. Most lending (74%) came through the SBA 7(a) program.
Comparable industry benchmarks
These links are calculated from the current national dataset. They are comparison paths, not recommendations or evidence that businesses operate alike.
How this ranks: Its Census employment total exceeds 54% of that same 551-industry cohort. Calculated by ranking this industry's reported value against every other industry at the same NAICS digit-level, not the whole dataset: comparing a 6-digit detail industry to a 2-digit sector would mix incompatible scales.
Closest workforce scale
Same NAICS detail level, ordered by the smallest difference in reported Census employment.
Benchmarking Veneer, Plywood, and Engineered Wood Product Manufacturing
- No margin data, check the parent industry. Browse Manufacturing
- 1,456 establishments, 84,946 workers. Payroll benchmarks
- 58 SBA loans on record. SBA lending rankings
Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.
Sources: IRS Statistics of Income (SOI) Business Tax Statistics · Census Bureau County Business Patterns 2023
NAICS 32121 · Data year: 2023
According to the U.S. Census Bureau, which released its 2023 County Business Patterns dataset in June 2025, PlainBizBench benchmarks 2,002 U.S. industries against Internal Revenue Service Statistics of Income data. See our methodology for the full compilation process.
Read our methodology - how this data is sourced, computed, and verified.
Source: U.S. Census Bureau, County Business Patterns / SUSB Industry employment scale, payroll, and firm-size benchmarks · 2023
Every figure on PlainBizBench is rendered directly from federal source data, no number is typed in by an editor. This page aggregates profit-margin, payroll, entity-type, and SBA-lending benchmarks for this industry, live from the dataset. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.
Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.