Overview

The 2,200 forging and stamping companies in the US produce a variety of metal-based products that are typically used as parts or components in assembled items. Major revenue categories include stamped metal products, forged metal products, custom roll forming products, and powder metallurgy products. Services may include design engineering, machining, part assembly, and finishing (such as cleaning, welding, or deburring).

Dependence On Manufacturing Activity And The Economy

Demand for forged and stamped products is driven by manufacturing volume, which is vulnerable to changes in economic conditions.

Capital-Intensive

The forging and stamping industry is highly capital-intensive and requires significant investment in plants, property, and equipment, such as presses, hammers, conveyers and furnaces.