Data on Manufacturing related SMEs in PA

Manufacturing (All Kinds) SMEs Stats

SME Criteria : Revenue less than $1M
NAICS Code for MFG (All kinds) – 31, 32, 33

1. Total SMEs in USA across all MFG sectors – 1,012,619
2. Total SMEs in PA across all MFG sectors – 38,326

Semiconductor Manufacturing SMEs in PA Stats

NAICS code: 3344 (Semiconductor and Other Electronic Component Manufacturing)

1. Total # Companies in PA: 490
2. Total Revenue/Sales : $16,075,510,160
3. Total # Employees: 72,325
4. SMEs (Companies in PA with Sales less than $1 Million) = 300
5. Revenue/Sales SMEs: $82,450,153
6. # Employees SMEs: 3328

Aerospace & Defense SMEs in PA

Relevant NAICS Codes:

(332) Fabricated Metal Product Manufacturing
(333) Machinery Manufacturing
(334) Computer and Electronic Product Manufacturing
(335) Electrical Equipment, Appliance, and Component Manufacturing
(336) Transportation Equipment Manufacturing

BioPharma Manufacturing SMEs in PA Stats

NAICS code – 3254 – Pharmaceutical and Medicine Manufacturing

1. Total # Companies in PA: 488
2. Total Revenue/Sales : $27,501,657,994
3. Total # Employees: 100,065
4. # SMEs (Companies in PA with Sales less than $1 Million) = 285
5. Revenue/Sales SMEs: $80,168,566
6. # Employees SMEs: 1620
7. Counties with SME concentration: Philadelphia County, Montgomery County, Chester County, Bucks County, Berks County, Allegheny County

# A&D related Companies	12,176
# Employees	680,138
State Population	12,800,000
% A&D Employees to Total Population	5%

BioPharma SME Capabilities

Research and Development (R&D) : Discovering and developing new drugs, biologics, and medical technologies to address various health conditions and unmet medical needs.
Specialization and Expertise: SME often specialize in a niche area and may include fields such as immunology, gene therapies, biotechnology, and precision medicine.
Clinical Trials and Regulatory Compliance: SMEs can conduct/assist in clinical trials to test the safety and efficacy of their drug candidates.
Innovation and Adaptability: SMEs are often more agile and adaptable than larger pharmaceutical companies, allowing them to quickly respond to market changes and emerging trends.
Job Creation and Economic Impact: BioPharma SMEs contribute to job creation and economic growth in Pennsylvania. Their presence supports a skilled workforce and stimulates the life sciences ecosystem.