112512 - Shellfish Farming
Are you looking to understand NAICS code 112512 and how it relates to the shellfish farming industry? Shellfish farming is a vital sector within agriculture that supports sustainable seafood production and contributes to coastal economies. This blog post explores everything you need to know about NAICS code 112512 — Shellfish Farming — including what it covers, the sector it operates within, typical business types, size standards, and more.
What is NAICS Code 112512?
NAICS code 112512 refers specifically to Shellfish Farming, an industry involved in the cultivation and harvesting of shellfish such as oysters, clams, mussels, and scallops. This activity typically takes place in controlled marine or freshwater environments where shellfish are farmed commercially. The industry focuses on breeding, growing, and harvesting shellfish to meet commercial demand for seafood.
Sector: Agriculture, Forestry, Fishing, and Hunting
Shellfish farming falls within the broader Agriculture, Forestry, Fishing and Hunting sector. This sector covers businesses engaged in cultivating plants, animals, and marine life for food and other products. Within this sector, shellfish farming is categorized as an aquaculture activity involving:
- Controlled environment farming of shellfish species
- Breeding and hatchery development
- Commercial harvesting and processing
Typical Business Activities Under NAICS 112512
Businesses operating under this code typically include:
- Oyster farms
- Clam farms
- Mussel aquaculture operations
- Shellfish hatcheries
- Cultured pearl farms
These businesses may also engage in raising crustaceans like crawfish and shrimp or operating fish farms specializing in shellfish species.
Size Standards for NAICS 112512
To qualify as a small business under NAICS code 112512, companies must meet the size standard of $3.75 million in average annual receipts. This standard is crucial for government contracting and eligibility for certain federal programs designed to support small businesses in the agriculture and aquaculture sector.
Detailed Code Description and Activities
| NAICS Code | Description | Activities Covered |
|---|---|---|
| 112512 | Shellfish Farming | - Clam production, farm raising |
| - Crawfish production, farm raising | ||
| - Crustacean production, farm raising | ||
| - Cultured pearl production, farm raising | ||
| - Fish farms, shellfish | ||
| - Hatcheries, shellfish | ||
| - Mollusk production, farm raising | ||
| - Mussel production, farm raising | ||
| - Oyster production, farm raising | ||
| - Shellfish hatcheries | ||
| - Shrimp production, farm raising |
Examples of Businesses Under NAICS 112512
- Oyster Farms: Companies that cultivate oysters for commercial sale and consumption.
- Clam Farms: Operations specializing in raising various species of clams in coastal waters.
- Mussel Aquaculture: Businesses focused on the breeding and harvesting of mussels in both ocean and freshwater environments.
Frequently Asked Questions (FAQs)
What does shellfish farming include under NAICS 112512?
Shellfish farming includes the commercial cultivation, breeding, and harvesting of shellfish species such as oysters, clams, mussels, scallops, and other related marine life in controlled environments.
What sector does NAICS 112512 fall under?
It belongs to the Agriculture, Forestry, Fishing, and Hunting sector, mainly focusing on aquaculture.
What is the size standard for small business status under this code?
The size standard is $3.75 million in average annual receipts, which determines eligibility for SBA small business programs.
Are crustacean farms included under this NAICS code?
Yes, farms raising crustaceans like crawfish and shrimp are included under NAICS 112512.
Can shellfish hatcheries be classified under this code?
Yes, hatcheries specializing in shellfish are part of this industry classification.
Understanding NAICS code 112512 is essential for businesses in the shellfish farming industry looking to align with proper classifications for government contracts, funding, and growth opportunities. From oyster farms to shellfish hatcheries, this sector plays a significant role in sustainable aquaculture and seafood production.
Keywords: NAICS code 112512, Shellfish Farming, oyster farms, clam farms, mussel aquaculture, aquaculture industry, shellfish hatcheries, agriculture sector, small business size standard
