Excerpt: By Dennis J. Donovan, originally posted at .tradeandindustrydev.com
MACHINERY AND EQUIPMENT MANUFACTURING, a major subset of the metalworking industrial sector, is displaying many trends influencing site selection. The industry employs 1.1 million U.S. workers, accounting for nine percent of domestic manufacturing. There are almost 30,000 production facilities employing an average of nearly 40 people.
While the preponderance of machinery producers is small to mid-size, there are quite a few large, recognizable, global players. These include Komatsu, General Electric, Haas Automation, Yale, Crown, Yomazaki Mazak, Caterpillar, Deere, Sandvik, Halliburton, Kennametal, Applied Materials, Eaton, Bosch, GEA, ABB, Kawasaki Robotics, Rockwell, Dover, Parker Hannifin, Ingersoll-Rand, Illinois Tool Works, and Stanley/Black and Decker.
The all-encompassing NAICS code for this industry segment is 333. Major industry subsets are:
- Agricultural/food processing equipment
- Construction equipment
- Energy equipment (electric power, green power, oil/gas)
- Mining machinery
- Industrial machinery (e.g., paper, metals, plastics)
- Process control equipment (including automation/robotics)
- HVAC equipment
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