Manufacturing ·NAICS 33231

NAICS 33231 · IRS SOI 2023 · Census CBP

Plate Work and Fabricated Structural Product Manufacturing - Industry Benchmarks

$71,116/yr average annual pay, with 557 SBA loans on record for NAICS 33231.

6K
Establishments
192K
Workers employed
$71,116/yr
Avg payroll / employee
$478M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 33231

Texas leads Plate Work and Fabricated Structural Product Manufacturing activity nationally, across 6K establishments employing 192K workers. IRS SOI doesn't publish margin data at this NAICS level.

6K
Business establishments (Census)
192K
Workers employed (Census CBP)
$71,116/yr
Avg payroll / employee
$478M
SBA lending, FY20–26

Benchmarking Insights for Plate Work and Fabricated Structural Product Manufacturing

Plate Work and Fabricated Structural Product Manufacturing sits inside Manufacturing.

6,027 establishments employ 192,241 workers (31.9/location) at $71,116/yr average annual pay. Texas leads employment, followed by Pennsylvania and California.

Employment

192,241

Total employees (Census CBP)

Avg Payroll / Employee

$71,116/yr

Annual compensation

Establishments

6,027

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 13,344; establishment count increased by 104. 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)
$13.7B
Avg Employees per Establishment
31.9

Sub-Industries

Industry Profit Margin
Fabricated Structural Metal Manufacturing

NAICS 332312

N/A
Plate Work Manufacturing

NAICS 332313

N/A
Prefabricated Metal Building and Component Manufacturing

NAICS 332311

N/A

Top States by Employment

State Employment
Texas 26,035
Pennsylvania 10,597
California 8,991
Florida 7,976
Wisconsin 7,941
Ohio 7,552
Indiana 6,915
Illinois 6,554
Georgia 6,423
Michigan 6,165

Showing top 10 of 49 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

557

Total Loan Volume

$478M

Avg Loan Size

$858K

Jobs Supported

7,128

Program Breakdown

7(a) 446 (80%)
504 111 (20%)

Top SBA Lender

TD Bank, National Association

20 loans in this industry

New Business Share

19.0% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
74
2021
101
2022
88
2023
79
2024
87
2025
111
2026
17

Frequently Asked Questions

How many businesses are in Plate Work and Fabricated Structural Product Manufacturing?
6,027 business establishments. Together they employ 192,241 workers.
What is the average payroll per employee in Plate Work and Fabricated Structural Product Manufacturing?
$71,116/yr average annual pay per employee. Businesses average 31.9 employees per establishment.
Which states have the most Plate Work and Fabricated Structural Product Manufacturing employment?
Texas leads with 26,035 workers. Pennsylvania (10,597) and California (8,991) round out the top three.
How much SBA lending does Plate Work and Fabricated Structural Product Manufacturing receive?
Plate Work and Fabricated Structural Product Manufacturing businesses received 557 SBA loans totaling $478 million between FY2020 and FY2026. The average loan size was $858K. These loans supported 7,128 jobs at origination. Most lending (80%) 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 77% 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 Plate Work and Fabricated Structural Product Manufacturing

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 33231 · 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.