33151 - Ferrous Metal Foundries
When it comes to the backbone of manufacturing industries like automotive, machinery, and construction, NAICS code 33151 stands out as a critical classification. Commonly known as Ferrous Metal Foundries, this sector plays a pivotal role in producing durable, high-strength metal castings essential for various industrial applications. In this blog post, we'll delve deep into what NAICS code 33151 covers, the businesses it includes, size standards for eligibility, and much more.
What is NAICS Code 33151?
NAICS code 33151 pertains to Ferrous Metal Foundries — establishments primarily engaged in the manufacturing of ferrous (iron and steel) metal castings. This code specifically covers businesses that produce a wide range of cast metal products used extensively across multiple sectors such as:
- Automotive
- Machinery
- Construction
These products are made by melting and shaping ferrous metals like gray iron, ductile iron, and steel into precise components that meet stringent industry specifications.
Sector Overview: Manufacturing
NAICS 33151 falls under the broader Manufacturing sector (NAICS 31-33), one of the most vital sectors in the U.S. economy responsible for converting raw materials into finished goods. Within this sector, Ferrous Metal Foundries specialize in metal casting—a process critical to building robust machinery, automotive parts, and construction materials.
Typical Business Activities Under NAICS 33151
Businesses classified under this code often engage in:
- Gray iron foundries: Producing gray iron castings known for their machinability and vibration damping.
- Ductile iron foundries: Manufacturing ductile iron with enhanced strength and ductility properties.
- Steel investment foundries: Creating steel castings using the investment casting process for high-precision parts.
These foundries leverage cutting-edge melting, molding, and casting technologies to provide custom and standard metal components.
Size Standards for NAICS Code 33151
Understanding size standards is crucial for government contracting and eligibility for small business programs.
- The Small Business Administration (SBA) defines the size standard for NAICS 33151 as 1,000 employees.
- This means businesses with 1,000 employees or fewer are considered small businesses for this NAICS classification.
These size standards help determine eligibility for various SBA programs, including contracting preferences and financial assistance.
Examples of Businesses under NAICS Code 33151
Here are some typical business examples under this classification:
- Gray Iron Foundries: Companies producing engine blocks, pump housings, valve bodies.
- Ductile Iron Foundries: Suppliers of pipe fittings, automotive components, agricultural machinery parts.
- Steel Investment Foundries: Manufacturers of aerospace parts, turbine components, and heavy machinery castings.
These businesses serve numerous industries demanding high-strength and precisely engineered metal parts.
NAICS Code 33151 Details Table
Attribute | Details |
---|---|
NAICS Code | 33151 |
Title | Ferrous Metal Foundries |
Sector | Manufacturing (NAICS 31-33) |
Industry Description | Establishments primarily engaged in manufacturing ferrous metal castings, including iron and steel castings. |
Typical Business Types | Gray iron foundries, Ductile iron foundries, Steel investment foundries |
Size Standard | 1,000 employees (SBA) |
Primary Applications | Automotive, Machinery, Construction |
Casting Types | Gray iron, Ductile iron, Steel castings |
Frequently Asked Questions (FAQs)
What types of metals are included in NAICS 33151 foundries?
NAICS code 33151 includes foundries producing ferrous metals such as gray iron, ductile iron, and steel castings.
How does this industry impact the economy?
Ferrous Metal Foundries supply critical components for sectors like automotive and construction, making them indispensable for economic growth and infrastructure development.
Are small businesses eligible under NAICS code 33151?
Yes, businesses with 1,000 employees or fewer are considered small businesses under this NAICS classification, making them eligible for various SBA programs.
What is the difference between gray iron and ductile iron foundries?
- Gray iron foundries produce castings known for excellent machinability and damping properties.
- Ductile iron foundries manufacture iron castings with enhanced strength and flexibility, suitable for more demanding applications.
Can NAICS 33151 include investment steel casting?
Yes. Steel investment foundries fall under this NAICS and produce precision steel castings using the investment casting process.
Conclusion
NAICS code 33151 – Ferrous Metal Foundries is a vital manufacturing classification that encompasses the production of iron and steel castings used throughout various industries. Whether you're involved in gray iron, ductile iron, or steel investment castings, understanding this NAICS code helps businesses position themselves effectively within the manufacturing sector and leverage programs available to small enterprises.
For manufacturers and contractors exploring opportunities in metal casting or government contracting, familiarity with NAICS 33151 is essential to ensure compliance and maximize business growth potential.
Harness the power of NAICS code 33151 to identify key manufacturing opportunities in ferrous metal foundries and elevate your business success.