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 made.
Establishments in this industry group make castings from purchased metals or in integrated secondary smelting and casting facilities. When the production of primary metals is combined with making castings, the establishment is classified in Subsector 331, Primary Metal Manufacturing, with the primary metal made. Source: US Census Bureau
Market Size and Industry Forecast
The Foundries industry report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2020 to 2030 reflect industry trends and growth patterns. Revenues include both public and private companies in the Foundries industry.
Historical
Forecasted
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data
Industry Revenue ($ Billions)
2018
2019
2020
2021
2022
2023
2024
Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Foundries companies in the United States.
Foundries Revenue by State
Distribution by Company Size
Company Size
All Industries
Foundries
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)
Foundries Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
Cost of goods sold
Compensation of officers
Salaries and wages
Employee benefit programs
Rent paid
Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies included).
Industry Average
Percent of Sales
Total Revenue
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
Financial Ratio
Industry Average
Profitability Ratios
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio
Foundries Industry Compensation and Salary Surveys
Title
Percent of Workforce
Bottom Quartile
Average (Median) Salary
Upper Quartile
Management Occupations
4%
Chief Executives
0%
General and Operations Managers
1%
Office and Administrative Support Occupations
6%
Installation, Maintenance, and Repair Occupations
7%
Other Installation, Maintenance, and Repair Occupations
6%
Production Occupations
69%
Metal Workers and Plastic Workers
48%
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic
9%
Grinding, Lapping, Polishing, and Buffing Machine Tool Setters, Operators, and Tenders, Metal and Plastic
6%
Metal Furnace Operators, Tenders, Pourers, and Casters
6%
Molders and Molding Machine Setters, Operators, and Tenders, Metal and Plastic
19%
Foundry Mold and Coremakers
9%
Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic
10%
Other Production Occupations
14%
Inspectors, Testers, Sorters, Samplers, and Weighers
6%
Inspectors, Testers, Sorters, Samplers, and Weighers
6%
Government Contracts
The federal government spent an annual total of $7,241,948 on the foundries industry. It has awarded 164 contracts to 86 companies, with an average value of $84,209 per company.
Top Companies in Foundries and Adjacent Industries
Company
Address
Revenue ($ Millions)
Report Objectives
For Private Equity Firms & Investors
Analyze unbiased statistics for the Foundries market
Review historical and forecasted growth trends
Benchmark companies against the industry average
For Business Executives
Develop a strategy based on concrete statistics
Identify opportunities based on market size and growth rates
For Startups
Get the information you need for the "Market Analysis" section of your business plan
Show market size in the U.S. and by state
For Venture Capital
Understand market opportunity and current size
Evaluate the market potential of a disruptive technology in the Foundries industry
