Employment
92,778
Total employees (Census CBP)
Manufacturing ·NAICS 33211
NAICS 33211 · IRS SOI (C corp) · Census CBP 2023
Forging and Stamping - Industry Benchmarks
$67,898/yr average annual pay, with 136 SBA loans on record for NAICS 33211.
- 2K
- Establishments
- 93K
- Workers employed
- $67,898/yr
- Avg payroll / employee
- $134M
- SBA lending, FY20–26
Data updated August 2026
The verdict · NAICS 33211
Ohio leads Forging and Stamping activity nationally, across 2K establishments employing 93K workers. IRS SOI doesn't publish margin data at this NAICS level.
- 2K
- Business establishments (Census)
- 93K
- Workers employed (Census CBP)
- $67,898/yr
- Avg payroll / employee
- $134M
- SBA lending, FY20–26
Use Forging and Stamping's NAICS benchmark as a comparison point, not a forecast for one business.
Forging and Stamping is reported here with financial measures from IRS Statistics of Income and workforce measures from Census County Business Patterns. The page keeps those source systems distinct, shows unavailable fields rather than estimating them, and links the underlying industry context so readers can compare the same NAICS activity before interpreting a margin or payroll figure.
Source: IRS SOI (C corporation headline) and Census County Business Patterns 2023
Benchmarking Insights for Forging and Stamping
Forging and Stamping sits inside Manufacturing.
1,937 establishments employ 92,778 workers (47.9/location) at $67,898/yr average annual pay. Ohio leads employment, followed by Pennsylvania and Illinois.
Forging and Stamping sits in the 58th percentile for employment among 5-digit NAICS industries with reported data.
Avg Payroll / Employee
$67,898/yr
Annual compensation
Establishments
1,937
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment decreased by 1,174; establishment count decreased by 44. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Subscribe to this industry's release updates (RSS)Workforce scale
Financial Detail
- Annual Payroll (Total)
- $6.3B
- Avg Employees per Establishment
- 47.9
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Custom Roll Forming NAICS 332114 | N/A |
| Iron and Steel Forging NAICS 332111 | N/A |
| Metal Crown, Closure, and Other Metal Stamping (except Automotive) NAICS 332119 | N/A |
| Nonferrous Forging NAICS 332112 | N/A |
| Powder Metallurgy Part Manufacturing NAICS 332117 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| Ohio | 9,720 |
| Pennsylvania | 9,693 |
| Illinois | 7,729 |
| Michigan | 7,335 |
| California | 6,334 |
| Indiana | 5,829 |
| Texas | 4,751 |
| Minnesota | 3,942 |
| New York | 2,246 |
| Tennessee | 1,959 |
Showing top 10 of 46 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
136
Total Loan Volume
$134M
Avg Loan Size
$988K
Jobs Supported
2,145
Program Breakdown
7(a) 106 (78%)
504 30 (22%)
Top SBA Lender
The Huntington National Bank
10 loans in this industry
New Business Share
15.4% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 32
2021 26
2022 18
2023 26
2024 13
2025 19
2026 2
Frequently Asked Questions
How many businesses are in Forging and Stamping?
1,937 business establishments. Together they employ 92,778 workers.
What is the average payroll per employee in Forging and Stamping?
$67,898/yr average annual pay per employee. Businesses average 47.9 employees per establishment.
Which states have the most Forging and Stamping employment?
Ohio leads with 9,720 workers. Pennsylvania (9,693) and Illinois (7,729) round out the top three.
How much SBA lending does Forging and Stamping receive?
Forging and Stamping businesses received 136 SBA loans totaling $134 million between FY2020 and FY2026. The average loan size was $988K. These loans supported 2,145 jobs at origination. Most lending (78%) came through the SBA 7(a) program.
Nationwide industries with similar benchmark drivers
Two IRS/Census peer sets for Forging and Stamping, both at NAICS level 5 and excluding this code so the neighborhoods are not self-links.
According to Census County Business Patterns 2023, Forging and Stamping ranks #230 of 551 U.S. industries at the 5-digit NAICS level by total employment.
Similar workforce scale
Nearest peer industries by ABS(Census employment) (92,778 here).
Read with this industry: Industry employment trends · Manufacturing · 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 33211 · CBP 2023 · IRS SOI
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.