Employment
92,778
Total employees (Census CBP)
Manufacturing ·NAICS 33211
NAICS 33211 · IRS SOI 2023 · Census CBP
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 July 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
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.
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.
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.
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 58% 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 Forging and Stamping
- No margin data, check the parent industry. Browse Manufacturing
- 1,937 establishments, 92,778 workers. Payroll benchmarks
- 136 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 33211 · 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.