The 2018 Foundries Market Research Report
The 2018 Market Research Report on the Foundries industry in the U.S. will provide you with the key insights, trends and benchmarks you need to create a broad and comprehensive diagnostic and understanding of the industry and your company.
This report is utilized for a range of strategic purposes, including benchmarking, due diligence, cost cutting, planning, evaluating opportunities, forecasting, streamlining, and gap analysis. The report covers over 100 insightful data sets, such as historical market size and forecasted growth, operating expense details, product line breakdown, financial ratios, benchmarks, wages, profitability, organizational analysis, employee productivity, state statistics, price inflation, consolidation analysis, firm dynamics, pay ranges for different roles, firm size data, employment, and much more.
The core data is generated from the most comprehensive set of surveys filled out by companies in the industry. Our analysts generate the commentary and forecasts based on industry dynamics and the macroeconomic environment.
Just look at the table of contents or download a free sample report to see the broad and in-depth insights, which leaders have come to depend on for their research, strategic and benchmarking needs.
This industry group comprises establishments primarily engaged in pouring molten metal into molds or dies to form castings. Establishments making castings and further manufacturing, such as machining or assembling, a specific manufactured product are classified in the industry of the finished product. Foundries may perform operations, such as cleaning and deburring, on the castings they manufacture. More involved processes, such as tapping, threading, milling, or machining to tight tolerances, that transform castings into more finished products are classified elsewhere in the manufacturing sector based on the product being made.
Highlights from the 2018 Foundries Market Research Report:
INDUSTRY SIZE & ATTRACTIVENESS
In 2017, industry sales were $32.1 billion
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Over the past 3 years, the industry has declined at an annual rate of -1.7%
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There are 1,578 companies in the industry
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SALES PER COMPANY
In 2017, the average sales per company was $20.3 million
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INFLATION & PRICING
2018 forecasted inflation is 0.5%
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COMPANY SIZE BENCHMARKS
From 2012 to 2017, the number of companies with 20-99 employees declined -8.4%
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For unprofitable companies, the average net loss is -8.8%
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FINANCIAL RATIO BENCHMARKS
Companies average a Fixed Asset Turnover ratio of 2.2
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Employee productivity is $266,871
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3.6% of expenses are spent on health insurance
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In 2017, industry operating expenses grew 8%
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In 2017, payroll per employee was $53,238
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PAYROLL BY STATE
California averages $54,209 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS
4.1% of employees in the industry are in management positions
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JOB CATEGORIZATION PAY RANGES
The average industry hourly pay for office and administrative jobs is $19.96
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The above highlights represent a small fraction of what you will find in this report.
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