The top 10 industrial machinery manufacturing companies in the USA are the core of the country’s industrial machinery supplies, providing some of the most critical and fundamental support to its prestigious manufacturing industry in the USA. The largest industrial machinery manufacturers not only contribute significantly to the country’s employment rate and GDP growth but also export a huge amount of industrial machinery and machine tools to the global market, making the USA one of the world’s largest industrial machinery exporters. Thanks to the current booming trend in some of the major end-user sectors around the world, such as automotive, construction, electronics, packaging and pharmaceutical industries, these 10 industrial machinery manufacturing companies in the USA are expected to witness stronger growth in their domestic sales and export earnings over the near future.
Industrial Machinery Manufacturing Industry in the USA
The manufacturing sector in the USA has long been one of the world’s largest in terms of industrial output — representing over 18.2% of the world’s total goods every year, while industrial machinery manufacturing sector is the backbone of all its manufacturing activities. Today, the industrial machinery manufacturing is also one of the largest and most competitive sectors in the US manufacturing economy, providing essential equipment and highly sophisticated technology for many other manufacturing and service industries. These industrial machinery products are often operated with Industrial process controls and other automation technologies that enable end-users to maximize the productivity of their equipment.
According to recent statistics from the U.S. Department of Commerce, the total revenue of the USA’s industrial machinery manufacturing sector has surpassed $40 billion since 2017. Some of the major subsectors of the USA’s industrial machinery manufacturing sector include Agricultural and Food Machinery and Equipment, Aerospace Machinery, Automotive Machinery, Construction Machinery, Energy Machinery and Mining Machinery. While majority of the top 10 industrial machinery manufacturing companies in the USA are now located in major states such as Alabama, California, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Michigan, Mississippi, New York, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Texas, and Wisconsin.
Top 10 Industrial Machinery Manufacturing Companies in the USA in 2020
Caterpillar Inc is an America based heavy machinery manufacturing company, that designs, develops, manufactures, markets and sells industrial machinery, engines, financial products and insurance to customers around the world. One of the largest manufacturing companies in the US, Caterpillar is also a Global Fortune 500 company. With 2017 sales and revenues of $45.462 billion, Caterpillar is also the world’s largest machinery manufacturer, and the number one manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives.
Deere & Co, operating with the brand name John Deere, is an American industrial machinery manufacturing company headquartered in Moline, Illinois, United States. It mainly manufactures agricultural, construction, and forestry machinery, diesel engines, drivetrains (axles, transmissions, gearboxes) used in heavy equipment, and lawn care equipment. It is one of the Global Fortune 500 companies in 2017 and selling its industrial machines to all parts of the world.
Parker Hannifin Corporation is an American industrial machinery manufacturer specializing in motion and control technologies, based in Mayfield Heights, Ohio. The company is one of the largest players in the world in motion control technologies, including aerospace, climate control, electromechanical, filtration, fluid and gas handling, hydraulics, pneumatics, process control, and sealing and shielding. Parker Hannifin is a Fortune 250 global leader and has over 58,000 employees globally.
Xerox Corporation is an American global corporation that manufactures and sells print machines, digital document solutions, and document technology products in more than 160 countries. Xerox is headquartered in Norwalk, Connecticut. The Company has capabilities in imaging and printing, data analytics, and the development of secure and automated solutions to help customers improve productivity and serves banking, education, government, healthcare, manufacturing, and retails industries worldwide.
Baker Hughes Inc is an American industrial machinery and service company and one of the world’s largest oilfield service companies. Owned by General Electric Company, Baker Hughes has its headquarters split between Houston, Texas, and London, United Kingdom and dominates one of the top manufacturing industries in the US. It operates in more than 120 countries, providing the oil and gas industry with machinery and services for oil drilling, formation evaluation, completion, production, and reservoir consulting.
Veritiv Corporation, headquartered in Atlanta, Georgia, is a Fortune 500 company that specializes in the business-to-business distribution of packaging, facility solutions, print and publishing machinery and services. It is also a leading provider of logistics and supply chain management solutions. Serving customers in a wide range of industries, the company has approximately 170 operating distribution centers throughout the U.S., Canada, and Mexico, with over 8,900 employees.
AGCO Corporation is an American agricultural equipment manufacturer based in Duluth, Georgia, United States. Through its well-known brands including Challenger, Fendt, GSI, Massey Ferguson and Valtra, AGCO Corporation delivers agricultural solutions to farmers worldwide through a full line of tractors, combine harvesters, hay and forage equipment, seeding and tillage implements, grain storage, and protein production systems, as well as replacement parts.
National Oilwell Varco is an American multinational corporation based in Greater Sharpstown, Houston, Texas. It is a leading worldwide provider of machinery and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry. The company conducts operations in more than 1,200 locations across six continents.
Dover Corporation is an American industrial machinery manufacturing company based in Downers Grove, Illinois. It is a diversified global industrial machinery manufacturer of innovative equipment and components, specialty systems, consumable supplies, software and digital solutions, and support services through three operating segments: Engineered Systems, Fluids, and Refrigeration & Food Equipment. It’s annual revenue of approximately $7 billion.
Terex Corporation is one of the world’s largest manufacturers of lifting and material handling machinery for a variety of industries, including construction, infrastructure, quarrying, recycling, energy, mining, shipping, transportation, refining, and utilities. The company’s major business segments include aerial work platforms, construction, cranes, material handling & port solutions and materials processing. Terex has more than 22,000 employees in its manufacturing facilities across the world.
Future of the Top 10 Industrial Machinery Manufacturing Companies in the USA
As the global economic condition continues to improve and US machinery exports continue to surge, industries such as automotive, construction, consumer electronics, packaging, and mining etc are expected to flourish further around the world. As a result, the demand for industrial machinery is inevitably to soar. These top 10 industrial machinery manufacturing companies in the USA are some of the industrial leaders that provide the most advanced machine tools or industrial automation equipment and best technology or software for the end-user sectors, therefore are projected to further strengthen their market competitiveness and remain as the top industrial machinery manufacturers in the country over the foreseeable future.
Browse more of the world’s best companies on BizVibe’s industrial manufacturing companies in the USA directory.
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