112511 - Finfish Farming and Fish Hatcheries
Introduction
The agriculture and aquaculture industries play a crucial role in providing a sustainable source of protein and supporting vibrant ecosystems. Within this sector lies NAICS Code 112511 - Finfish Farming and Fish Hatcheries, a vital classification covering the farming and hatching of finfish in controlled environments. This industry not only supplies a significant portion of the seafood consumed worldwide but also supports commercial and recreational fishing through fish stocking programs. Understanding NAICS 112511 is essential for businesses, government contractors, and industry enthusiasts aiming to participate in or learn about this specialized segment of aquaculture.
What is NAICS Code 112511?
NAICS Code 112511 encompasses establishments primarily engaged in the:
- Farming of finfish: breeding, raising, and harvesting various species of finfish in controlled aquatic environments.
- Fish hatcheries: producing finfish for stocking natural waters and commercial sales.
This code captures a wide range of aquaculture activities focused on finfish species, from freshwater to marine environments.
Sector and Typical Business Activities
NAICS 112511 falls under the broader Agriculture, Forestry, Fishing and Hunting sector, a critical industry grouping that supports food production and natural resource management.
Typical business types or activities under NAICS 112511 include:
- Salmon farming operations
- Trout hatcheries producing fry and fingerlings
- Catfish aquaculture farms specializing in farm-raised catfish
- Ornamental finfish breeding facilities
- Hybrid striped bass production farms
- Tilapia and tropical fish farming
These businesses focus on both commercial food fish production and stocking fish for environmental and recreational purposes.
Size Standard for NAICS 112511 Eligibility
For government contracting and small business size determinations, the size standard for NAICS Code 112511 is:
- $3.75 million dollars in average annual receipts
This means businesses with an average annual revenue at or below this threshold are typically considered small and eligible for small business programs related to government contracting.
Detailed Code Activities Table
Activity | Description |
---|---|
Baitfish production, farm raising | Cultivating small finfish used as bait in commercial and recreational fishing |
Catfish production, farm raising | Raising catfish species primarily for commercial sale in freshwater environments |
Finfish production, farm raising | General culture and harvesting of finfish species for food or stocking |
Finfish, hatcheries | Fish hatcheries producing juvenile finfish for stocking or sale |
Fish farms, finfish | Aquaculture facilities dedicated to rearing finfish in controlled waters |
Goldfish production, farm raising | Breeding and raising goldfish, often for ornamental purposes |
Hatcheries, finfish | Facilities hatching finfish eggs and raising fry |
Hybrid striped bass production | Producing hybrid striped bass for commercial or stocking purposes |
Minnow production, farm raising | Raising minnows typically used as bait or aquarium fish |
Ornamental fish production | Cultivating finfish primarily for aquarium trade and decorative uses |
Tilapia production | Farming tilapia species, commonly used for food fish |
Tropical fish production, farm raising | Raising tropical finfish varieties, often for aquarium markets |
Trout production, farm raising | Culturing trout species, commonly for food and stocking |
Frequently Asked Questions (FAQ)
What types of finfish are covered under NAICS 112511?
This NAICS code covers a wide range of finfish including catfish, trout, salmon, tilapia, hybrid striped bass, minnows, ornamental fish like goldfish and tropical fish, among others.
Is NAICS 112511 only for commercial fish farming?
No. It includes both commercial fish farming operations for food production and fish hatcheries that produce finfish for stocking and environmental purposes.
How does the $3.75 million size standard affect businesses?
Businesses with average annual receipts of $3.75 million or less typically qualify as small businesses under this NAICS code, giving them access to government contracting opportunities tailored for small entities.
Can ornamental fish farms qualify under NAICS 112511?
Yes. Ornamental finfish production and tropical fish farming are included under this classification.
How can a business find contracting opportunities under NAICS 112511?
Government procurement websites such as SAM.gov and SBA resources provide listings and resources for contracting opportunities relevant to the finfish farming and hatcheries industry.
Conclusion
NAICS Code 112511 - Finfish Farming and Fish Hatcheries represents an essential segment within the Agriculture, Forestry, Fishing and Hunting sector. Whether it’s commercial fish farms producing food fish or specialized hatcheries supporting ecological stocking, businesses falling under this classification contribute significantly to aquaculture and environmental sustainability. Understanding the scope, typical activities, and size standards is key for entrepreneurs and contractors looking to operate or compete in this niche.
If you’re involved in salmon farming, trout hatcheries, catfish farming, or ornamental finfish production, NAICS 112511 is the classification that aligns with your industry presence and government contracting eligibility.