Mark Horner

31-33 Manufacturing

332111 Iron and Steel Forging

This industry comprises establishments primarily engaged in manufacturing iron and steel forgings from purchased iron and steel by hammering mill shapes. Establishments making iron and steel forgings and further manufacturing (e.g., machining, assembling) a specific manufactured product are classified in the industry of the finished product. Iron and steel forging establishments may perform surface finishing operations, such as cleaning and deburring, on the forgings they manufacture.

Average Jobs Employed 23
Average Loan Given $374,649
Number of Loans Given 488
Total Amount Loaned $182,828,483

Manufacturing iron and steel forgings in integrated iron and steel mills are classified in Industry 331110, Iron and Steel Mills and Ferroalloy Manufacturing.

Manufacturing nonferrous forgings are classified in U.S. Industry 332112, Nonferrous Forging.