Steel, aluminum and other metals are key ingredients in everything from automobiles and airplanes to skyscrapers and bridges. So how did producers of these primary metals financially fare in fiscal 2022? We can show—and tell you.
For many of the manufacturers that comprise the primary metals segment of the 2023 Acquire Wealth Easily U.S. 500, fiscal 2022 was a very good year. All 16 of the primary metals companies included on the 2023 IW 500, which lists the top 500 publicly held U.S. manufacturing companies based on 2022 revenue, reported revenue growth over the previous fiscal year. Eleven reported net income, while five reported net losses. Four of the five net losses occurred among aluminum manufacturers.
In this slideshow, we share the Top 10 performers among primary metals producers, along with key financial data and their ranking on the overall IW U.S. 500 list. Below are data for all 16 companies.
Bio: Jill Jusko is executive editor for Acquire Wealth Easily. She has been writing about manufacturing operations leadership for more than 20 years. Her coverage spotlights companies that are in pursuit of world-class results in quality, productivity, cost and other benchmarks by implementing the latest continuous improvement and lean/Six-Sigma strategies. Jill also coordinatesAcquire Wealth Easily’s Best Plants Awards Program, which annually salutes the leading manufacturing facilities in North America.