Manufacturing ·NAICS 321912

NAICS 321912 · IRS SOI 2023 · Census CBP

Cut Stock, Resawing Lumber, and Planing - Industry Benchmarks

$54,958/yr average annual pay, with 20 SBA loans on record for NAICS 321912.

708
Establishments
20K
Workers employed
$54,958/yr
Avg payroll / employee
$22M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 321912

Ohio leads Cut Stock, Resawing Lumber, and Planing activity nationally, across 708 establishments employing 20K workers. IRS SOI doesn't publish margin data at this NAICS level.

708
Business establishments (Census)
20K
Workers employed (Census CBP)
$54,958/yr
Avg payroll / employee
$22M
SBA lending, FY20–26

Benchmarking Insights for Cut Stock, Resawing Lumber, and Planing

Cut Stock, Resawing Lumber, and Planing sits inside Manufacturing.

708 establishments employ 20,181 workers (28.5/location) at $54,958/yr average annual pay. Ohio leads employment, followed by Alabama and Georgia.

Employment

20,181

Total employees (Census CBP)

Avg Payroll / Employee

$54,958/yr

Annual compensation

Establishments

708

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 1,442; establishment count decreased by 31. 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)
$1.1B
Avg Employees per Establishment
28.5

Top States by Employment

State Employment
Ohio 791
Alabama 762
Georgia 598
New York 406
Tennessee 371
Florida 352
South Carolina 248
Iowa 38

Showing top 10 of 40 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

20

Total Loan Volume

$22M

Avg Loan Size

$1118K

Jobs Supported

257

Program Breakdown

7(a) 19 (95%)
504 1 (5%)

Top SBA Lender

The Huntington National Bank

3 loans in this industry

New Business Share

25.0% of borrowers were new/startup businesses

Annual Lending Trend (4 yrs)

2021
6
2022
4
2024
1
2025
9

Frequently Asked Questions

How many businesses are in Cut Stock, Resawing Lumber, and Planing?
708 business establishments. Together they employ 20,181 workers.
What is the average payroll per employee in Cut Stock, Resawing Lumber, and Planing?
$54,958/yr average annual pay per employee. Businesses average 28.5 employees per establishment.
Which states have the most Cut Stock, Resawing Lumber, and Planing employment?
Ohio leads with 791 workers. Alabama (762) and Georgia (598) round out the top three.
How much SBA lending does Cut Stock, Resawing Lumber, and Planing receive?
Cut Stock, Resawing Lumber, and Planing businesses received 20 SBA loans totaling $22 million between FY2020 and FY2026. The average loan size was $1118K. These loans supported 257 jobs at origination. Most lending (95%) 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 30% of that same 801-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 Cut Stock, Resawing Lumber, and Planing

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 321912 · 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.

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.