NAICS code 316 - Leather and Allied Product Manufacturing

Basic Industry Description for NAICS Code 316

Establishments in the Leather and Allied Product Manufacturing subsector transform hides into leather by tanning or curing and fabricating the leather into products for final consumption. It also includes the manufacture of similar products from other materials, including products (except apparel) made from "leather substitutes," such as rubber, plastics, or textiles. Rubber footwear, textile luggage, and plastics purses or wallets are examples of "leather substitute" products included in this group. The products made from leather substitutes are included in this subsector because they are made in similar ways leather products are made (e.g., luggage). They are made in the same establishments, so it is not practical to separate them.

The inclusion of leather making in this subsector is partly because leather tanning is a relatively small industry that has few close neighbors as a production process, partly because leather is an input to some of the other products classified in this subsector and partly for historical reasons.

Numbers of Companies in FINTEL Data 84
Numbers of Small or Large Companies 21
Small Companies - in Net Sales less than $1,030,523
Large Companies - in Net Sales above $8,376,544

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Return on Sales = 2.0%

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