NAICS 332

Fabricated Metal Product Manufacturing

NAICS 332 Fabricated Metal Manufacturing: job shops, structural steel, aerospace forgings, and precision machining.

Industry at a Glance

Sector-wide aggregates across all businesses classified under NAICS 332 (2017 classification frame). For specific sub-industries within this sector, see the individual reports below.

Employment
1.4M
US Census CBP · 2023 · NAICS 2017
Establishments
54K
US Census CBP · 2023 · NAICS 2017
Annual Payroll
$96.8B
US Census CBP · 2023 · NAICS 2017
Avg Annual Wage
$67,129
Derived from US Census CBP · 2023 · NAICS 2017
Market Size
$465.7B
US Census Economic Census · 2022 · NAICS 2017

Industry Overview

NAICS 332 covers establishments that transform purchased metal — castings, forgings, sheet, plate, bar, and tube — into finished components and products through cutting, bending, welding, machining, and assembly. This subsector is the supply chain backbone for automotive, aerospace, construction, and industrial equipment manufacturing, operating roughly 55,000 establishments that collectively employ over 1.5 million workers. Production concentrates in the industrial Midwest — Ohio, Michigan, Indiana, Illinois, and Wisconsin — where proximity to automotive OEMs and steel producers creates dense networks of job shops, contract manufacturers, and specialized fabricators.

The sector spans from two-person welding shops to large operations like Precision Castparts Corp. (a Berkshire Hathaway subsidiary supplying aerospace forgings), Nucor's steel fabrication division, and Parker Hannifin's metal component operations. Structural steel fabricators like Schuff Steel and Banker Steel supply commercial construction. Ammunition and ordnance manufacturers like General Dynamics Ordnance and Vista Outdoor fall within this code. The sector's fragmentation — with the vast majority of establishments employing fewer than 50 workers — means competitive dynamics differ sharply from concentrated manufacturing industries.

Quality certifications define market access: ISO 9001 for general manufacturing, AS9100 for aerospace, ITAR compliance for defense, and AWS D1.1 structural welding code for construction. The Buy America provisions of the Infrastructure Investment and Jobs Act (2021) are channeling federal infrastructure spending toward domestically fabricated steel and iron, creating demand for structural fabricators, rebar processors, and bridge component manufacturers.

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Industry Trends

01

Buy America provisions in the Infrastructure Investment and Jobs Act are directing federal infrastructure spending toward domestically fabricated steel, rebar, and structural components, benefiting fabricators in the Midwest and Southeast.

CNC

Skilled welder and machinist shortages are acute — the American Welding Society projects a deficit of 360,000 welding professionals by 2027 — forcing shops to invest in robotic welding cells and CNC automation from suppliers like Lincoln Electric and FANUC.

03

Aerospace fabrication demand is expanding as Boeing and Airbus ramp production rates post-pandemic, pulling orders through to forging houses, precision machining shops, and specialty metal processors certified to AS9100 standards.

DMLS

Additive manufacturing (metal 3D printing) is moving from prototyping into production for aerospace and medical components, with shops investing in direct metal laser sintering (DMLS) equipment from EOS, SLM Solutions, and GE Additive.

05

Reshoring of metal fabrication work from China and other offshore sources is accelerating, driven by tariff structures under Section 232 and Section 301, lead time concerns, and customer preference for domestic supply chain visibility.

Specialty Reports Available on Request

36 specialty industriesavailable on request
▾
Iron & Steel Forging
332111View →
Nonferrous Forging
332112View →
Custom Roll Forming
332114View →
Powder Metallurgy Part Manufacturing
332117View →
Metal Crown, Closure, & Other Metal Stamping (Except Automotive)
332119View →
Metal Kitchen Cookware, Utensil, Cutlery, & Flatware (Except Precious) Manufacturing
332215View →
Saw Blade & Handtool Manufacturing
332216View →
Prefabricated Metal Building & Component Manufacturing
332311View →
Fabricated Structural Metal Manufacturing
332312View →
Plate Work Manufacturing
332313View →
Metal Window & Door Manufacturing
332321View →
Sheet Metal Work Manufacturing
332322View →
Ornamental & Architectural Metal Work Manufacturing
332323View →
Power Boiler & Heat Exchanger Manufacturing
332410View →
Metal Tank (Heavy Gauge) Manufacturing
332420View →
Metal Can Manufacturing
332431View →
Other Metal Container Manufacturing
332439View →
Hardware Manufacturing
332510View →
Spring Manufacturing
332613View →
Other Fabricated Wire Product Manufacturing
332618View →
Machine Shops
332710View →
Precision Turned Product Manufacturing
332721View →
Bolt, Nut, Screw, Rivet, & Washer Manufacturing
332722View →
Metal Heat Treating
332811View →
Metal Coating, Engraving (Except Jewelry & Silverware), & Allied Services to Manufacturers
332812View →
Electroplating, Plating, Polishing, Anodizing, & Coloring
332813View →
Industrial Valve Manufacturing
332911View →
Fluid Power Valve & Hose Fitting Manufacturing
332912View →
Plumbing Fixture Fitting & Trim Manufacturing
332913View →
Other Metal Valve & Pipe Fitting Manufacturing
332919View →
Ball & Roller Bearing Manufacturing
332991View →
Small Arms Ammunition Manufacturing
332992View →
Ammunition (Except Small Arms) Manufacturing
332993View →
Small Arms, Ordnance, & Ordnance Accessories Manufacturing
332994View →
Fabricated Pipe & Pipe Fitting Manufacturing
332996View →
All Other Miscellaneous Fabricated Metal Product Manufacturing
332999View →

Frequently Asked Questions

What is NAICS 332? ▾
NAICS 332 classifies establishments that fabricate finished products from purchased metal through cutting, machining, welding, forming, and assembly. It excludes primary metal production (NAICS 331) and machinery manufacturing (NAICS 333). The subsector operates over 55,000 establishments — predominantly small job shops — concentrated in the industrial Midwest, Texas, and California.
What certifications do fabricated metal manufacturers need? ▾
ISO 9001 is the baseline quality management standard. Aerospace suppliers require AS9100 certification and often NADCAP accreditation for special processes. Defense work demands ITAR compliance. Structural steel fabricators must meet AWS D1.1 welding code and AISC certification. These credentials define which end markets a shop can serve and directly affect pricing power.
How is the skilled labor shortage affecting metal fabrication? ▾
The American Welding Society projects a 360,000-welder shortfall by 2027. Machinist positions are similarly constrained. Shops are responding with robotic welding cells, CNC automation, and partnerships with community colleges and trade schools. Companies like Lincoln Electric and Miller Electric run training programs, but the gap between retiring tradespeople and new entrants remains the sector's top operational constraint.
How do Buy America rules affect this industry? ▾
The Infrastructure Investment and Jobs Act (2021) requires that iron, steel, and manufactured products used in federally funded infrastructure projects be produced domestically. This channels billions in bridge, highway, transit, and water infrastructure spending to U.S. fabricators, particularly structural steel shops, rebar processors, and guardrail manufacturers. Compliance requires documented domestic melt and manufacture.
What is the difference between a job shop and a contract manufacturer? ▾
Job shops produce custom, low-volume parts to customer specifications — typically small operations with diverse CNC and welding capabilities. Contract manufacturers produce higher-volume components under ongoing supply agreements, often with dedicated production lines and tighter integration into customer supply chains. Both models coexist within NAICS 332, with many shops operating a hybrid approach.

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