Manufacturing ·NAICS 3327

NAICS 3327 · IRS SOI 2023 · Census CBP

Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing - Industry Benchmarks

$64,201/yr average annual pay, with 1,499 SBA loans on record for NAICS 3327.

22K
Establishments
364K
Workers employed
$64,201/yr
Avg payroll / employee
$1.2B
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 3327

California leads Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing activity nationally, across 22K establishments employing 364K workers. IRS SOI doesn't publish margin data at this NAICS level.

22K
Business establishments (Census)
364K
Workers employed (Census CBP)
$64,201/yr
Avg payroll / employee
$1.2B
SBA lending, FY20–26

Benchmarking Insights for Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing

Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing sits inside Manufacturing.

21,774 establishments employ 363,533 workers (16.7/location) at $64,201/yr average annual pay. California leads employment, followed by Michigan and Ohio.

Employment

363,533

Total employees (Census CBP)

Avg Payroll / Employee

$64,201/yr

Annual compensation

Establishments

21,774

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 7,748; establishment count decreased by 307. 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)
$23.3B
Avg Employees per Establishment
16.7

Sub-Industries

Industry Profit Margin
Machine Shops

NAICS 33271

N/A
Turned Product and Screw, Nut, and Bolt Manufacturing

NAICS 33272

N/A

Top States by Employment

State Employment
California 43,803
Michigan 28,551
Ohio 27,098
Illinois 25,877
Texas 23,153
Pennsylvania 20,247
Wisconsin 17,555
Indiana 14,059
Minnesota 13,729
New York 13,399

Showing top 10 of 50 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

1,499

Total Loan Volume

$1.2B

Avg Loan Size

$804K

Jobs Supported

18,197

Program Breakdown

7(a) 1,210 (81%)
504 289 (19%)

Top SBA Lender

The Huntington National Bank

137 loans in this industry

New Business Share

21.9% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
238
2021
326
2022
235
2023
222
2024
216
2025
228
2026
34

Frequently Asked Questions

How many businesses are in Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing?
21,774 business establishments. Together they employ 363,533 workers.
What is the average payroll per employee in Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing?
$64,201/yr average annual pay per employee. Businesses average 16.7 employees per establishment.
Which states have the most Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing employment?
California leads with 43,803 workers. Michigan (28,551) and Ohio (27,098) round out the top three.
How much SBA lending does Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing receive?
Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing businesses received 1,499 SBA loans totaling $1.2 billion between FY2020 and FY2026. The average loan size was $804K. These loans supported 18,197 jobs at origination. Most lending (81%) 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 68% of that same 259-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 Machine Shops; Turned Product; and Screw, Nut, and Bolt 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 3327 · 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.