Manufacturing ·NAICS 333922

NAICS 333922 · IRS SOI (C corp) · Census CBP 2023

Conveyor and Conveying Equipment Manufacturing - Industry Benchmarks

$81,669/yr average annual pay, with 33 SBA loans on record for NAICS 333922.

805
Establishments
45K
Workers employed
$81,669/yr
Avg payroll / employee
$45M
SBA lending, FY20–26

Data updated August 2026

The verdict · NAICS 333922

Michigan leads Conveyor and Conveying Equipment Manufacturing activity nationally, across 805 establishments employing 45K workers. IRS SOI doesn't publish margin data at this NAICS level.

805
Business establishments (Census)
45K
Workers employed (Census CBP)
$81,669/yr
Avg payroll / employee
$45M
SBA lending, FY20–26

Use Conveyor and Conveying Equipment Manufacturing's NAICS benchmark as a comparison point, not a forecast for one business.

Conveyor and Conveying Equipment Manufacturing is reported here with financial measures from IRS Statistics of Income and workforce measures from Census County Business Patterns. The page keeps those source systems distinct, shows unavailable fields rather than estimating them, and links the underlying industry context so readers can compare the same NAICS activity before interpreting a margin or payroll figure.

Source: IRS SOI (C corporation headline) and Census County Business Patterns 2023

Benchmarking Insights for Conveyor and Conveying Equipment Manufacturing

Conveyor and Conveying Equipment Manufacturing sits inside Manufacturing.

805 establishments employ 44,787 workers (55.6/location) at $81,669/yr average annual pay. Michigan leads employment, followed by Illinois and Texas.

Conveyor and Conveying Equipment Manufacturing sits in the 52nd percentile for employment among 6-digit NAICS industries with reported data.

Employment

44,787

Total employees (Census CBP)

Avg Payroll / Employee

$81,669/yr

Annual compensation

Establishments

805

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 3,410; establishment count increased by 20. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

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Workforce scale

Financial Detail

Annual Payroll (Total)
$3.7B
Avg Employees per Establishment
55.6

Top States by Employment

State Employment
Michigan 6,007
Illinois 1,754
Texas 1,663
Virginia 1,285
Kansas 693
Tennessee 677
Mississippi 438
Washington 314
New York 267
Arizona 205

Showing top 10 of 40 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

33

Total Loan Volume

$45M

Avg Loan Size

$1363K

Jobs Supported

581

Program Breakdown

7(a) 27 (82%)
504 6 (18%)

Top SBA Lender

JPMorgan Chase Bank, National Association

3 loans in this industry

New Business Share

15.2% of borrowers were new/startup businesses

Annual Lending Trend (6 yrs)

2020
9
2021
5
2022
4
2023
5
2024
5
2025
5

Frequently Asked Questions

How many businesses are in Conveyor and Conveying Equipment Manufacturing?
805 business establishments. Together they employ 44,787 workers.
What is the average payroll per employee in Conveyor and Conveying Equipment Manufacturing?
$81,669/yr average annual pay per employee. Businesses average 55.6 employees per establishment.
Which states have the most Conveyor and Conveying Equipment Manufacturing employment?
Michigan leads with 6,007 workers. Illinois (1,754) and Texas (1,663) round out the top three.
How much SBA lending does Conveyor and Conveying Equipment Manufacturing receive?
Conveyor and Conveying Equipment Manufacturing businesses received 33 SBA loans totaling $45 million between FY2020 and FY2026. The average loan size was $1363K. These loans supported 581 jobs at origination. Most lending (82%) came through the SBA 7(a) program.

Nationwide industries with similar benchmark drivers

Two IRS/Census peer sets for Conveyor and Conveying Equipment Manufacturing, both at NAICS level 6 and excluding this code so the neighborhoods are not self-links.

According to Census County Business Patterns 2023, Conveyor and Conveying Equipment Manufacturing ranks #381 of 801 U.S. industries at the 6-digit NAICS level by total employment.

Read with this industry: Industry employment trends · Manufacturing · 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 333922 · CBP 2023 · IRS SOI

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.