333612/Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing
US businesses, employees and payroll, 2017 to 2023
11K
employees, 2023
11K
employees, 2023
In 2023, 205 US Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing business locations employed 10,759 people and paid $776.4 million in annual payroll, $72,166 per employee on average. Employment was up 0.4% from 2022. Illinois had the most employees.
Updated Oct 9, 2026 · data year 2023
Business locations
205
+2.0% vs 2022
Employees
10,759
+0.4% vs 2022
Annual payroll
$776.4M
+8.8% vs 2022
Average pay
$72,166
+8.3% vs 2022
Over the years
United States, 2017 to 2023
Employees
Paid employees in mid-March
Business locations
Places with paid employees
By state
Employees of Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing in each state, 2023
Employees by state
States with the most employees
Employees and the share of all the state's jobs
| State | Business locations | Employees | Average pay | Share of state jobs |
|---|---|---|---|---|
| Illinois | 29 | 1,391 | $83,717 | 0.02% |
| Wisconsin | 11 | 1,098 | $66,274 | 0.04% |
| Indiana | 9 | 1,035 | $62,941 | 0.04% |
| South Carolina | 4 | 881* | $69,159 | 0.04% |
| Michigan | 13 | 772 | $70,723 | 0.02% |
| North Carolina | 6 | 770* | $69,240 | 0.02% |
| New York | 14 | 643 | $67,124 | 0.01% |
| Ohio | 16 | 600 | $71,153 | 0.01% |
| Texas | 12 | 460 | $77,687 | 0.00% |
| Virginia | 5 | 443* | $87,824 | 0.01% |
| Minnesota | 7 | 311 | $71,444 | 0.01% |
| California | 10 | 267 | $86,918 | 0.00% |
| Massachusetts | 4 | 257* | $80,774 | 0.01% |
| Missouri | 9 | 241* | $57,622 | 0.01% |
| Iowa | 3 | 205 | $59,839 | 0.01% |
The 15 states with the most employees. Download the CSV for all 23.
Top metro areas
Metro and micro areas with the most Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing employees, 2023
Metro areas with the most employees
| Metro area | Locations | Employees | Average pay |
|---|---|---|---|
| Chicago-Naperville-Elgin, IL-IN | 22 | 1,094 | $88,160 |
| Charlotte-Concord-Gastonia, NC-SC | 3 | 714* | $69,955 |
| Spartanburg, SC | 3 | 558* | $74,093 |
| Detroit-Warren-Dearborn, MI | 9 | 462 | $67,037 |
| New York-Newark-Jersey City, NY-NJ | 10 | 396 | $80,624 |
| Milwaukee-Waukesha, WI | 5 | 371* | $66,466 |
| Cleveland, OH | 9 | 330 | $78,536 |
| Rockford, IL | 5 | 264 | $70,504 |
| Boston-Cambridge-Newton, MA-NH | 5 | 257* | $83,206 |
| Buffalo-Cheektowaga, NY | 6 | 241 | $69,324 |
| Dayton-Kettering-Beavercreek, OH | 3 | 209 | $61,478 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 6 | 155* | $75,400 |
| Los Angeles-Long Beach-Anaheim, CA | 5 | 132 | $90,924 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | 6 | 131* | $64,855 |
| Kansas City, MO-KS | 5 | 119 | $83,622 |
Business size
US Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing business locations by number of employees, 2023
Locations by size
| Employees | Locations | Share |
|---|---|---|
| Under 5 | 33 | 16.3% |
| 5 to 9 | 29 | 14.3% |
| 10 to 19 | 30 | 14.8% |
| 20 to 49 | 58 | 28.6% |
| 50 to 99 | 24 | 11.8% |
| 100 to 249 | 23 | 11.3% |
| 250 to 499 | 6 | 3.0% |
| 500 to 999 | Not published | - |
| 1,000 or more | Not published | - |
Related industries
The industries this code belongs to
Part of Manufacturing 31-33Machinery Manufacturing 333Engine, Turbine, and Power Transmission Equipment Manufacturing 3336Engine, Turbine, and Power Transmission Equipment Manufacturing 33361
Questions and answers
How many people work in Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing in the US?
10,759 people worked at 205 US Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing business locations in 2023, up 0.4% from 2022. That is 0.01% of all US private-sector employees.
What is the average pay in Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing?
$72,166 a year per employee in 2023, from $776.4 million in annual payroll (up 8.3% from 2022). The average across all US industries was $68,342.
Which state has the most Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing jobs?
Illinois had the most, with 1,391 employees in 2023, followed by Wisconsin (1,098) and Indiana (1,035).
Which metro areas have the most Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing jobs?
Chicago-Naperville-Elgin, IL-IN (1,094), Charlotte-Concord-Gastonia, NC-SC (714), Spartanburg, SC (558) had the most Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing employees in 2023.
Are most Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing businesses small?
45.3% of the 203 Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing business locations had fewer than 20 employees in 2023, and 0 had 500 or more.
Official US government statistics, published once a year. Business locations are places with paid employees; employees are counted in mid-March; payroll covers the whole year. Covers most private employers, not the self-employed, most government workers or farm workers on farms. * Less accurate: changed by 5% or more to protect privacy. Changes from the year before are shown only when both years use the same edition of the industry codes.