The Fabricated Metal Parts Manufacturing Industry in the US Generates $200 Billion a Year
Posted on: Friday, 28 April 2006, 12:00 CDT
Research and Markets (http://www.researchandmarkets.com/reports/c36214) has announced the addition of Fabricated Metal Parts Manufacturing - Industry Profile to their offering.
Brief Excerpt from Industry Overview Chapter:
The US fabricated metal products industry consists of about 50,000 companies that generate $200 billion of annual revenue. The industry is highly fragmented and most companies make a limited range of products. Economies of scale have built large companies in commodity areas like cans (Ball) and tools (Snap-On), but the average company has annual revenue between $10 and $100 million.
COMPETITIVE LANDSCAPE
Demand is driven largely by the needs of other industrial companies, and therefore by the overall health of the US manufacturing sector. Profitability depends on highly efficient manufacturing operations. The specialized nature and use of many products allows smaller companies to compete effectively.
PRODUCTS, OPERATIONS & TECHNOLOGY
The industry consists of several distinct segments, including structural metals ($55 billion); forging and stamping ($25 billion); metal containers ($25 billion); hardware and springs ($20 billion); metal valves ($20 billion); and fasteners ($10 billion). Many companies make products in even-smaller specialized segments.
Companies manufacture mainly simple metal parts used by industrial customers, such as those making autos, airplanes, machinery, appliances, and computers. Some companies make simple finished products like metal cans, tools, plumbing fixtures, and structural steel members.
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Topics Covered
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Quarterly Industry Update
Business Challenges
Trends and Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Website and Media Links
Glossary of Acronyms
For more information visit http://www.researchandmarkets.com/reports/c36214
Source: Business Wire
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