CATEGORYFY24
MACHINE TOOL MANUFACTURING
Market size$164.6M
Machine Tool Manufacturing, identified by NAICS code 333517, represents a federal spending category that has seen over $12.1 million in contracts in FY24. This sector encompasses the production of machinery essential for shaping, forming, or working materials. A noteworthy characteristic is the significant vendor participation; 86 unique vendors compete for these contracts, yet only 9 distinct federal agencies drive this entire market. This concentration suggests specialized demand from a select group of government purchasers, with entities like Sherrill Manufacturing Inc. and The Will-Burt Company contributing to this specialized industry.
- NAICS
- 333517
- Contracts
- 1,385
- Vendors
- 373
- Agencies
- 17