115111 - Cotton Ginning
When it comes to the agriculture industry, NAICS code 115111 plays a pivotal role in the cotton supply chain. Known as Cotton Ginning, this code is integral for businesses involved in the vital process of separating cotton fibers from seeds. Understanding this code not only helps companies classify their operations correctly but also aids in navigating government contracts and industry standards.
What is NAICS Code 115111 - Cotton Ginning?
NAICS code 115111 refers specifically to establishments primarily engaged in cotton ginning — the process of separating cotton fibers from their seeds and preparing the cotton for further processing, such as textile manufacturing. This step is indispensable in turning raw cotton into a usable commodity, setting the foundation for fabric production and cottonseed-based products.
Key Aspects Covered by NAICS 115111
- Cotton ginning processes
- Separation of cotton fibers and seeds
- Preparation of cotton fiber for textile production or other uses
- Seed processing related to cotton byproducts
Sector: Agriculture, Forestry, Fishing and Hunting
Cotton Ginning falls under the broader Agriculture, Forestry, Fishing and Hunting sector, reflecting its roots in agricultural production and specialty processing.
Typical Business Activities Under NAICS 115111
- Operation of cotton ginning facilities
- Management of cotton seed processing plants
- Offering cotton fiber preparation services for further industrial use
- Providing support services related to cotton byproduct processing
Businesses engaged in these activities rely on the NAICS 115111 classification to streamline their operations and align with industry-specific regulations and funding programs.
Size Standard for NAICS Code 115111
Understanding the size standards is crucial for qualifying as a small business under this NAICS code. According to the Small Business Administration (SBA) guidelines:
- The size standard for NAICS 115111 is $16 million dollars in average annual receipts.
This threshold helps define eligibility for small business programs and government contracts tailored to support agricultural processing operations.
Examples of Businesses Under NAICS 115111
- Cotton Ginning Facilities: Plants specializing in ginning raw cotton harvested from farms.
- Cotton Seed Processing Plants: Establishments focused on extracting and preparing cotton seeds for sale or further refining.
- Cotton Fiber Preparation Services: Companies offering specialized fiber cleaning and preparation prior to textile manufacturing.
These businesses form critical links in the cotton production and processing supply chain.
NAICS Code 115111 - Cotton Ginning: Code Details Table
Attribute | Description |
---|---|
NAICS Code | 115111 |
Title | Cotton Ginning |
Primary Activity | Separating cotton fibers from seeds and preparing cotton for processing |
Sector | Agriculture, Forestry, Fishing and Hunting |
Typical Business Types | Cotton ginning facilities, cotton seed processing plants, cotton fiber preparation services |
Size Standard | $16 million (average annual receipts) |
Frequently Asked Questions (FAQs) About NAICS Code 115111
Q: What exactly does cotton ginning involve?
A: Cotton ginning is the process of separating cotton fibers from the seeds. This is a necessary step before the cotton fibers can be used in textile manufacturing.
Q: Which sector does NAICS 115111 belong to?
A: Cotton Ginning is classified under the Agriculture, Forestry, Fishing and Hunting sector.
Q: What is the SBA size standard for businesses under this NAICS code?
A: The size standard is $16 million in average annual receipts for eligibility as a small business.
Q: Can a business engaged in cotton seed processing fall under this code?
A: Yes, cotton seed processing plants are typically included under NAICS 115111.
Q: How is NAICS code 115111 useful for businesses?
A: It helps businesses correctly identify their industry classification for tax, contracting, and regulatory purposes, and determines eligibility for small business programs.
Understanding the nuances of NAICS code 115111 - Cotton Ginning is key for industry participants and stakeholders. Whether you are operating a cotton ginning facility or seeking government contracting opportunities, knowing this code helps align business practices with federal standards and unlocks potential growth avenues.