332 - Fabricated Metal Product Manufacturing
When it comes to the backbone of manufacturing in the United States, NAICS code 332, titled Fabricated Metal Product Manufacturing, plays a pivotal role. Whether you're a business owner, contractor, or industry analyst, understanding this NAICS code is essential to navigating the manufacturing sector. This blog post offers an in-depth look at NAICS code 332, its applications, business types, sector details, and eligibility size standards.
What is NAICS Code 332?
NAICS code 332 refers to the Fabricated Metal Product Manufacturing industry. This classification includes establishments primarily engaged in manufacturing metal products through processes like forging, stamping, bending, forming, and assembling. However, it explicitly excludes the production of machinery, computer equipment, and transportation equipment.
Sector: Manufacturing
NAICS 332 falls squarely within the Manufacturing sector, a major driver of economic growth and innovation. This sector focuses on converting raw metal materials into useful, durable products that serve a variety of industrial, commercial, and consumer needs.
Key Activities & Business Types Under NAICS 332
Businesses classified under NAICS 332 typically perform activities such as:
- Metal stamping and pressing: Shaping metal parts through mechanical or hydraulic presses.
- Cutting and forming metal parts: Employing techniques like shearing, punching, and bending.
- Manufacturing metal fasteners and springs: Producing screws, bolts, rivets, washers, and assorted springs.
- Forging and assembling: Creating intermediate or final metal products by forging and assembling components.
Typical Business Examples
- Metal fabrication shops specializing in components for construction and industrial applications.
- Companies producing metal storage tanks and containers.
- Manufacturers of architectural metalwork and structural metal products.
- Production facilities making metal wires, chains, and coils.
Size Standards for NAICS Code 332 Eligibility
For government contracting and small business eligibility, size standards are set typically based on the number of employees or annual receipts. For NAICS 332, the size standard is generally:
- Maximum 500 employees for facilities engaged in Fabricated Metal Product Manufacturing.
Businesses meeting this size requirement may qualify as Small Business Concerns (SBCs) for government contracts, benefiting from set-asides and preferential programs.
NAICS Code 332 Details Table
| NAICS Code | Title | Description | Sector | Size Standard | Typical Activities |
|---|---|---|---|---|---|
| 332 | Fabricated Metal Product Manufacturing | Establishments manufacturing fabricated metal products excluding machinery, computer & transportation equipment. Operations include forging, stamping, bending, forming, assembling. | Manufacturing | 500 employees max | Metal stamping, cutting & forming metal parts, manufacturing fasteners & springs |
Frequently Asked Questions (FAQs)
What types of products are excluded from NAICS 332?
NAICS 332 excludes establishments primarily producing machinery, computer equipment, or transportation equipment. Those fall under different NAICS codes.
Can businesses with multiple manufacturing activities classify under NAICS 332?
Businesses typically classify under the NAICS code representing their primary activity by revenue. If fabricated metal product manufacturing is predominant, NAICS 332 applies.
How does NAICS 332 impact government contracting?
Understanding NAICS 332 helps businesses align with procurement opportunities specifically seeking fabricated metal manufacturers, especially small businesses below the size standard.
Are repair and maintenance services included?
No. NAICS 332 covers manufacturing new fabricated metal products, not repair, maintenance, or installation services.
Conclusion
NAICS code 332 is a critical classification within the manufacturing sector, encompassing a diverse range of fabricated metal product manufacturing activities. From metal stamping to the production of fasteners and springs, businesses under this code support nearly every industry segment. Knowing the specifics of NAICS 332, including its size standards and typical business activities, is invaluable for companies aiming to compete in government contracting or expand within the manufacturing industry.
For further insights and assistance with NAICS classifications and government contracting, stay tuned to our blog. Understanding industry codes like NAICS 332 puts you a step ahead in the competitive manufacturing landscape.
