Manufacturing ·NAICS 33361

NAICS 33361 · IRS SOI 2023 · Census CBP

Engine, Turbine, and Power Transmission Equipment Manufacturing - Industry Benchmarks

$80,745/yr average annual pay, with 55 SBA loans on record for NAICS 33361.

899
Establishments
96K
Workers employed
$80,745/yr
Avg payroll / employee
$35M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 33361

Indiana leads Engine, Turbine, and Power Transmission Equipment Manufacturing activity nationally, across 899 establishments employing 96K workers. IRS SOI doesn't publish margin data at this NAICS level.

899
Business establishments (Census)
96K
Workers employed (Census CBP)
$80,745/yr
Avg payroll / employee
$35M
SBA lending, FY20–26

Benchmarking Insights for Engine, Turbine, and Power Transmission Equipment Manufacturing

Engine, Turbine, and Power Transmission Equipment Manufacturing sits inside Manufacturing.

899 establishments employ 96,251 workers (107.1/location) at $80,745/yr average annual pay. Indiana leads employment, followed by Michigan and California.

Employment

96,251

Total employees (Census CBP)

Avg Payroll / Employee

$80,745/yr

Annual compensation

Establishments

899

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 687; establishment count decreased by 9. 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)
$7.8B
Avg Employees per Establishment
107.1

Sub-Industries

Industry Profit Margin
Mechanical Power Transmission Equipment Manufacturing

NAICS 333613

N/A
Other Engine Equipment Manufacturing

NAICS 333618

N/A
Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing

NAICS 333612

N/A
Turbine and Turbine Generator Set Units Manufacturing

NAICS 333611

N/A

Top States by Employment

State Employment
Indiana 8,947
Michigan 7,989
California 7,810
Illinois 6,077
North Carolina 5,960
Texas 5,468
Wisconsin 5,348
Ohio 5,050
Pennsylvania 2,520
Minnesota 1,211

Showing top 10 of 42 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

55

Total Loan Volume

$35M

Avg Loan Size

$640K

Jobs Supported

450

Program Breakdown

7(a) 44 (80%)
504 11 (20%)

Top SBA Lender

U.S. Bank, National Association

4 loans in this industry

New Business Share

16.4% of borrowers were new/startup businesses

Annual Lending Trend (6 yrs)

2020
10
2021
8
2022
5
2023
8
2024
10
2025
14

Frequently Asked Questions

How many businesses are in Engine, Turbine, and Power Transmission Equipment Manufacturing?
899 business establishments. Together they employ 96,251 workers.
What is the average payroll per employee in Engine, Turbine, and Power Transmission Equipment Manufacturing?
$80,745/yr average annual pay per employee. Businesses average 107.1 employees per establishment.
Which states have the most Engine, Turbine, and Power Transmission Equipment Manufacturing employment?
Indiana leads with 8,947 workers. Michigan (7,989) and California (7,810) round out the top three.
How much SBA lending does Engine, Turbine, and Power Transmission Equipment Manufacturing receive?
Engine, Turbine, and Power Transmission Equipment Manufacturing businesses received 55 SBA loans totaling $35 million between FY2020 and FY2026. The average loan size was $640K. These loans supported 450 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 59% 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 Engine, Turbine, and Power Transmission Equipment 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 33361 · 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.