Manufacturing ·NAICS 332312

NAICS 332312 · IRS SOI 2023 · Census CBP

Fabricated Structural Metal Manufacturing - Industry Benchmarks

$73,161/yr average annual pay, with 390 SBA loans on record for NAICS 332312.

3K
Establishments
114K
Workers employed
$73,161/yr
Avg payroll / employee
$323M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 332312

Texas leads Fabricated Structural Metal Manufacturing activity nationally, across 3K establishments employing 114K workers. IRS SOI doesn't publish margin data at this NAICS level.

3K
Business establishments (Census)
114K
Workers employed (Census CBP)
$73,161/yr
Avg payroll / employee
$323M
SBA lending, FY20–26

Benchmarking Insights for Fabricated Structural Metal Manufacturing

Fabricated Structural Metal Manufacturing sits inside Manufacturing.

3,434 establishments employ 114,153 workers (33.2/location) at $73,161/yr average annual pay. Texas leads employment, followed by California and Pennsylvania.

Employment

114,153

Total employees (Census CBP)

Avg Payroll / Employee

$73,161/yr

Annual compensation

Establishments

3,434

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 6,637; establishment count increased by 4. 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)
$8.4B
Avg Employees per Establishment
33.2

Top States by Employment

State Employment
Texas 16,536
California 5,801
Pennsylvania 5,591
Florida 5,380
Indiana 3,887
Alabama 3,812
Ohio 3,446
Washington 3,341
Louisiana 3,259
Georgia 2,890

Showing top 10 of 49 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

390

Total Loan Volume

$323M

Avg Loan Size

$827K

Jobs Supported

5,041

Program Breakdown

7(a) 322 (83%)
504 68 (17%)

Top SBA Lender

TD Bank, National Association

16 loans in this industry

New Business Share

19.0% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
45
2021
66
2022
64
2023
55
2024
65
2025
84
2026
11

Frequently Asked Questions

How many businesses are in Fabricated Structural Metal Manufacturing?
3,434 business establishments. Together they employ 114,153 workers.
What is the average payroll per employee in Fabricated Structural Metal Manufacturing?
$73,161/yr average annual pay per employee. Businesses average 33.2 employees per establishment.
Which states have the most Fabricated Structural Metal Manufacturing employment?
Texas leads with 16,536 workers. California (5,801) and Pennsylvania (5,591) round out the top three.
How much SBA lending does Fabricated Structural Metal Manufacturing receive?
Fabricated Structural Metal Manufacturing businesses received 390 SBA loans totaling $323 million between FY2020 and FY2026. The average loan size was $827K. These loans supported 5,041 jobs at origination. Most lending (83%) 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 76% 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 Fabricated Structural Metal 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 332312 · 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.