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Manufacturing Industry Resources

Manufacturing - Sector Overview
This part gives you a quick overview of this industry sector, the number of businesses that comprise the sector broken down into large and small businesses along with a discussion about some issues and challenges facing the businesses.

Manufacturing - List of Businesses
This section provides our readers with a listing of the businesses that are categorized under this industry classification.

Manufacturing - Resource Directory
A great tool put together painstakingly by our staff that identifies the major associations and organizations that serve the various businesses in this industry classification.  Besides the name and website, you will also find a brief description about the organization.  Our small business owners always thank us for putting this tool together – we are confident that you will find it useful as well.

MANUFACTURING – SECTOR OVERVIEW

The first step in determining how to write a business plan at Trident Consultants involves identifying the correct business sector to which our client’s business belongs.  The manufacturing sector is a vast industry classification as per the NAICS – North American Industry Classification System.  It covers businesses like rice milling, soybean processing, sugar manufacturing, chocolate manufacturing, frozen food manufacturing, poultry processing, seafood canning, soft drink manufacturing, breweries, tobacco manufacturing, textile mills, carpet mills, apparel manufacturing, leather goods manufacturing, wood products manufacturing, paper mills, commercial printing, petroleum refineries, chemical manufacturing, plastics and rubber manufacturing, glass products manufacturing and many others.  (A detailed listing of manufacturing businesses has been included at the end of this page.)

There are over a 622k larger businesses (with employees) in this industry sector that employ over 13 million people with a total payroll of $600 billion.  On average the larger wholesale trade firms have at least 22 employees and the average income nationally for each of these employees is about $43k.

In the small business world covering firms with no employees, there are 297k such wholesale trade firms with total gross receipts of $15 billion and the average annual income as reported by each firm of around $50k.

A business plan written for any firm engaged in the manufacturing sector must emphasize the tremendous dependence this sector has on consumer spending.  While consumer spending in our economy has been fairly steady it is openly acknowledged that manufacturing would indeed slow down substantially if the spending patterns of the US consumer were to change in favor of higher savings rate. 

Substantial investments in research and development is a major facet of a manufacturing firm and business planning must take into account this major fixed capital cost that businesses have to face to be able to innovate and come up with new and competitive products for the consumer.

No business plan on manufacturing would be complete without mention the tremendous increase in the lower cost imports especially from China.  The manufacturing sector, more than any other has been, negatively affected by cheap imports from all around the world and many manufacturing plants have shut down or have had their profit margins cut dramatically due to cheap imports from overseas.  Lack of enforcement of US patents is another major source of concern when it comes to international competition.

Business planning for a firm in the manufacturing sector has to include a strategic plan to move part of the firm’s entire production overseas if need be to be able to survive.  Many buyers like Wal-Mart insist that the product costs be lowered every year and sometimes the only way to achieve that is to move production overseas.  While this may not be the most palatable of options, it is at least one way for firms to stay alive until better economies of scale are achieved locally, new markets are promoted and overseas labor rates rise.

Dependence on a few large customers is a major source for most manufacturing firms – many times firms tend to go after the very large names and then are faced with the dichotomy of having to deal with servicing the needs of one or few large clients who can dictate terms to them.  Also the loss of a significant client can be very detrimental to the firm and a sound business plan must address the inherent weakness of such a strategy while recommending that alternative markets be sought out.

The two opportunities that manufacturing firms have today with the growth of the internet is the ability to reach their end customers without having to include a middleman like a wholesaler.  A strong online presence with the ability to take orders online can be a major source of savings to the clients and every effort must be made in the business planning stage to take advantage of technological innovations in the industry.

If you are starting a manufacturing business, or are already established but are looking to grow, secure a partner, venture capital or business loans, we would be happy to help.

MANUFACTURING – LIST OF BUSINESSS:

 

The following is a list of the various businesses that fall under this industry sector:

Food Manufacturing
Animal Food Manufacturing
Dog and Cat Food Manufacturing
Other Animal Food Manufacturing
Grain and Oilseed Milling
Flour Milling
Rice Milling
Malt Manufacturing
Wet Corn Milling
Soybean Processing
Other Oilseed Processing
Fats and Oils Refining and Blending
Breakfast Cereal Manufacturing
Sugar Manufacturing
Sugarcane Mills
Cane Sugar Refining
Beet Sugar Manufacturing

Beverage and Tobacco Product Manufacturing
Beverage Manufacturing
Soft Drink Manufacturing
Bottled Water Manufacturing
Ice Manufacturing
Breweries
Wineries

Textile Mills
Fiber, Yarn, and Thread Mills
Yarn Spinning Mills
Textile and Fabric Finishing (except Broad woven Fabric) Mills
Fabric Coating Mills

Textile Product Mills
Textile Furnishings Mills
Tire Cord and Tire Fabric Mills
All Other Miscellaneous Textile Product Mills

Apparel Manufacturing
Apparel Knitting Mills
Infants' Cut and Sew Apparel Manufacturing
Fur and Leather Apparel Manufacturing

Leather and Allied Product Manufacturing
Leather and Hide Tanning and Finishing
Women's Handbag and Purse Manufacturing
Personal Leather Good (except Women's Handbag and Purse) Manufacturing

Wood Product Manufacturing
Sawmills
Manufactured Home (Mobile Home) Manufacturing
Prefabricated Wood Building Manufacturing
All Other Miscellaneous Wood Product Manufacturing

Paper Manufacturing
Pulp Mills
Paper Mills
Paper (except Newsprint) Mills
Newsprint Mills
Paperboard Mills
Sanitary Paper Product Manufacturing
All Other Converted Paper Product Manufacturing

Printing and Related Support Activities
Printing and Related Support Activities
Printing
Commercial Lithographic Printing
Trade binding and Related Work
Prepress Services

Petroleum and Coal Products Manufacturing
Petroleum and Coal Products Manufacturing
Petroleum Refineries

Chemical Manufacturing
Basic Chemical Manufacturing
Petrochemical Manufacturing
Photographic Film, Paper, Plate, and Chemical Manufacturing
All Other Miscellaneous Chemical Product and Preparation Manufacturing

Plastics and Rubber Products Manufacturing
Plastics Packaging Materials and Un-laminated Film and Sheet Manufacturing
Rubber Product Manufacturing for Mechanical Use
All Other Rubber Product Manufacturing

Nonmetallic Mineral Product Manufacturing
Clay Product and Refractory Manufacturing
Pottery, Ceramics, and Plumbing Fixture Manufacturing

Primary Metal Manufacturing
Iron and Steel Mills and Ferroalloy Manufacturing
Copper Foundries (except Die-Casting)
Other Nonferrous Foundries (except Die-Casting)

Fabricated Metal Product Manufacturing
Forging and Stamping
Iron and Steel Forging
Sheet Metal Work Manufacturing
Ornamental and Architectural Metal Work Manufacturing
Boiler, Tank, and Shipping Container Manufacturing
Power Boiler and Heat Exchanger Manufacturing
Power Boiler and Heat Exchanger Manufacturing
Metal Tank (Heavy Gauge) Manufacturing
Metal Can, Box, and Other Metal Container (Light Gauge) Manufacturing
Metal Can Manufacturing
Other Metal Container Manufacturing
Enameled Iron and Metal Sanitary Ware Manufacturing
All Other Miscellaneous Fabricated Metal Product Manufacturing

Machinery Manufacturing
Agriculture, Construction, and Mining Machinery Manufacturing
Agricultural Implement Manufacturing
Scale and Balance (except Laboratory) Manufacturing
All Other Miscellaneous General Purpose Machinery Manufacturing

Computer and Electronic Product Manufacturing
Computer and Peripheral Equipment Manufacturing
Electronic Computer Manufacturing
Prerecorded Compact Disc (except Software), Tape, and Record Reproducing
Magnetic and Optical Recording Media Manufacturing

Electrical Equipment, Appliance, and Component Manufacturing
Electric Lamp Bulb and Part Manufacturing
Lighting Fixture Manufacturing
All Other Electrical Equipment and Component Manufacturing
Carbon and Graphite Product Manufacturing
All Other Miscellaneous Electrical Equipment and Component Manufacturing

Transportation Equipment Manufacturing
Motor Vehicle Manufacturing
All Other Transportation Equipment Manufacturing

Furniture and Related Product Manufacturing
Household and Institutional Furniture Manufacturing

Miscellaneous Manufacturing
Medical Equipment and Supplies Manufacturing
Laboratory Apparatus and Furniture Manufacturing
Burial Casket Manufacturing
All Other Miscellaneous Manufacturing

Small Business Owner Resource Center

 
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