Overview
The 2,900 industrial machinery manufacturers in the US produce the machines required to make other products. These can range from relatively simple mechanical modules that perform a single function to complex computer-controlled machines that perform multiple processing functions. Key customer markets are woodworking, metals, plastics, paper, textiles, bookbinding, printing, food, and semiconductor production.
Competition From Imports
Industrial machinery manufacturers must compete with imports, which average about 71% of US consumption.
Dependence On Exports
Exports account for about 67% of US industrial machinery manufacturers’ revenue and create additional risks for manufacturers.
Industry Financial Benchmarks
Here are typical financial statements for industrial machinery manufacturers.
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