SIC 3492 Fluid Power Valves and Hose Fittings

Encyclopedia of American Industries | 2005 | Copyright

SIC 3492
FLUID POWER VALVES AND HOSE FITTINGS

This classification covers establishments primarily engaged in manufacturing hydraulic and pneumatic valves, hose and tube fittings, and hose assemblies for fluid power systems. Establishments primarily engaged in manufacturing fluid power cylinders are classified in SIC 3593: Fluid Power Cylinders and Actuators; those manufacturing fluid power pumps are classified in SIC 3594: Fluid Power Pumps and Motors; and those manufacturing hydraulic intake and exhaust motor vehicle valves are classified in SIC 3592: Carburetors, Pistons, Piston Rings, and Valves.

NAICS Code(s)

332912 (Fluid Power Valve and Hose Fitting Manufacturing)

Industry Snapshot

The National Fluid Power Association (NFPA) calculated the total U.S. fluid power market at $13.5 billion in the late 1990s. The U.S. government's estimate for the value of shipments for fluid power valves and hose fittings was nearly $5.3 billion. The value of direct exports of U.S.-manufactured fluid power products, according to the NFPA, was just shy of $1.3 billion, excluding compressors. The estimate for indirect trade fluid power products (fluid power products exported as parts of end user machinery) in the late 1990s was $2.6 billion.

In 2000, the value of shipments within the fluid power industry totaled $6.7 billion. The industry employed 37,300 people with nearly 26,000 being production workers, in 2000. Average hourly wages that year were $14.97. The leading states for the production of fluid power valves and hose fittings are all east of the Mississippi and include Connecticut, Minnesota, Texas, New Jersey, Michigan, and Ohio.

Organization and Structure

According to the NFPA, fluid power is energy that is transmitted and controlled through a pressurized fluid—liquid or gas. Fluid power valves regulate the liquid or gas as it moves through valves, hoses, and fittings. The term fluid power thus applies to both hydraulics and pneumatics. Hydraulics utilizes liquid, oil, or water under pressure, while pneumatics refers to the use of compressed air. Fluid power is often used in conjunction...

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