Manufacturing ·NAICS 333992

NAICS 333992 · IRS SOI 2023 · Census CBP

Welding and Soldering Equipment Manufacturing - Industry Benchmarks

132 SBA loans on record, $45M in volume, for NAICS 333992.

553
Establishments
17K
Workers employed
N/A
Avg payroll / employee
$45M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 333992

California leads Welding and Soldering Equipment Manufacturing activity nationally, across 553 establishments employing 17K workers. IRS SOI doesn't publish margin data at this NAICS level.

553
Business establishments (Census)
17K
Workers employed (Census CBP)
N/A
Avg payroll / employee
$45M
SBA lending, FY20–26

Benchmarking Insights for Welding and Soldering Equipment Manufacturing

Welding and Soldering Equipment Manufacturing sits inside Manufacturing.

553 establishments employ 16,525 workers (29.9/location). California leads employment, followed by Illinois and Iowa.

Employment

16,525

Total employees (Census CBP)

Avg Payroll / Employee

N/A

Annual compensation

Establishments

553

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 1,294; establishment count increased by 33. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

Workforce scale

Financial Detail

Avg Employees per Establishment
29.9

Top States by Employment

State Employment
California 978
Illinois 768
Iowa 316
New Jersey 115
Virginia 63
Washington 63
Arizona 53
Montana 8
Tennessee 6

Showing top 10 of 37 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

132

Total Loan Volume

$45M

Avg Loan Size

$342K

Jobs Supported

830

Program Breakdown

7(a) 120 (91%)
504 12 (9%)

Top SBA Lender

The Huntington National Bank

16 loans in this industry

New Business Share

37.9% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
12
2021
21
2022
21
2023
15
2024
35
2025
25
2026
3

Frequently Asked Questions

How many businesses are in Welding and Soldering Equipment Manufacturing?
553 business establishments. Together they employ 16,525 workers.
What is the average payroll per employee in Welding and Soldering Equipment Manufacturing?
Average payroll data for Welding and Soldering Equipment Manufacturing is not available in the current Census CBP dataset.
Which states have the most Welding and Soldering Equipment Manufacturing employment?
California leads with 978 workers. Illinois (768) and Iowa (316) round out the top three.
How much SBA lending does Welding and Soldering Equipment Manufacturing receive?
Welding and Soldering Equipment Manufacturing businesses received 132 SBA loans totaling $45 million between FY2020 and FY2026. The average loan size was $342K. These loans supported 830 jobs at origination. Most lending (91%) 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 26% 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 Welding and Soldering 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 333992 · 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.