Employment
105,437
Total employees (Census CBP)
Manufacturing ·NAICS 33392
NAICS 33392 · IRS SOI 2023 · Census CBP
Material Handling Equipment Manufacturing - Industry Benchmarks
$76,797/yr average annual pay, with 92 SBA loans on record for NAICS 33392.
- 2K
- Establishments
- 105K
- Workers employed
- $76,797/yr
- Avg payroll / employee
- $81M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 33392
Texas leads Material Handling Equipment Manufacturing activity nationally, across 2K establishments employing 105K workers. IRS SOI doesn't publish margin data at this NAICS level.
- 2K
- Business establishments (Census)
- 105K
- Workers employed (Census CBP)
- $76,797/yr
- Avg payroll / employee
- $81M
- SBA lending, FY20–26
Benchmarking Insights for Material Handling Equipment Manufacturing
Material Handling Equipment Manufacturing sits inside Manufacturing.
1,653 establishments employ 105,437 workers (63.8/location) at $76,797/yr average annual pay. Texas leads employment, followed by Indiana and Illinois.
Avg Payroll / Employee
$76,797/yr
Annual compensation
Establishments
1,653
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 5,321; establishment count increased by 37. 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)
- $8.1B
- Avg Employees per Establishment
- 63.8
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Conveyor and Conveying Equipment Manufacturing NAICS 333922 | N/A |
| Elevator and Moving Stairway Manufacturing NAICS 333921 | N/A |
| Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing NAICS 333924 | N/A |
| Overhead Traveling Crane, Hoist, and Monorail System Manufacturing NAICS 333923 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| Texas | 5,984 |
| Indiana | 5,796 |
| Illinois | 4,542 |
| Wisconsin | 4,066 |
| North Carolina | 3,728 |
| Minnesota | 3,320 |
| California | 2,421 |
| Florida | 1,998 |
| New Jersey | 1,952 |
| South Carolina | 1,923 |
Showing top 10 of 44 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
92
Total Loan Volume
$81M
Avg Loan Size
$883K
Jobs Supported
1,158
Program Breakdown
7(a) 83 (90%)
504 9 (10%)
Top SBA Lender
JPMorgan Chase Bank, National Association
5 loans in this industry
New Business Share
13.0% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 14
2021 13
2022 13
2023 22
2024 15
2025 14
2026 1
Frequently Asked Questions
How many businesses are in Material Handling Equipment Manufacturing?
1,653 business establishments. Together they employ 105,437 workers.
What is the average payroll per employee in Material Handling Equipment Manufacturing?
$76,797/yr average annual pay per employee. Businesses average 63.8 employees per establishment.
Which states have the most Material Handling Equipment Manufacturing employment?
Texas leads with 5,984 workers. Indiana (5,796) and Illinois (4,542) round out the top three.
How much SBA lending does Material Handling Equipment Manufacturing receive?
Material Handling Equipment Manufacturing businesses received 92 SBA loans totaling $81 million between FY2020 and FY2026. The average loan size was $883K. These loans supported 1,158 jobs at origination. Most lending (90%) 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 62% 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.
- All Other Food Manufacturing 105,458
- Business Associations 105,286
- Hobby, Toy, and Game Stores 104,990
Benchmarking Material Handling Equipment Manufacturing
- No margin data, check the parent industry. Browse Manufacturing
- 1,653 establishments, 105,437 workers. Payroll benchmarks
- 92 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 33392 · 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.