332721 - Precision Turned Product Manufacturing
Introduction
If you’re involved in manufacturing or government contracting, understanding NAICS Code 332721 is essential. This specific code pertains to Precision Turned Product Manufacturing, a critical niche in the manufacturing sector that focuses on producing high-accuracy metal and plastic parts. Precision turned products are fundamental components used across industries such as aerospace, automotive, medical devices, and electronics, where tight tolerances and impeccable craftsmanship are non-negotiable.
What is NAICS Code 332721?
NAICS Code 332721 designates establishments primarily engaged in precision turned product manufacturing. This involves the production of metal or plastic parts through turning operations using precision lathes and related machinery. The process ensures that components meet exact specifications and tolerances, crucial for high-performance applications.
Key Features of NAICS Code 332721:
- Production of small to medium-sized precision turned metal and plastic parts.
- Use of advanced machinery, such as CNC lathes, for accuracy and repeatability.
- Emphasis on tight tolerances, surface finishes, and complex geometries.
Sector Overview: Manufacturing
This industry falls under the broader Manufacturing sector, specifically within the metalworking and machining sub-industries. Businesses operating under NAICS 332721 support supply chains across multiple high-tech and industrial sectors by delivering precision components.
Typical Business Activities Under NAICS 332721
Companies classified under this code typically engage in:
- Manufacturing precision turned metal parts such as shafts, screws, pins, and fasteners.
- Producing precision plastic turned components used in medical devices, electronics, or consumer goods.
- Custom machining of small, high-precision parts for specialized equipment or prototypes.
- Operating CNC and manual precision lathes, screw machines, and multi-spindle machines.
Size Standards: Eligibility Criteria
The Small Business Administration (SBA) defines the size standard for businesses under NAICS 332721 as having 500 or fewer employees. This standard helps determine eligibility for small business programs, government contracts, and other benefits.
Examples of Businesses Under NAICS 332721
- Custom precision component manufacturers supplying aerospace OEMs.
- Machine shops producing high-tolerance metal parts for medical instruments.
- Plastic component manufacturers specializing in turned parts for electronics casings.
- Suppliers of turned fasteners and specialized connectors for automotive applications.
NAICS Code 332721 Details Table
| Attribute | Details |
|---|---|
| NAICS Code | 332721 |
| Title | Precision Turned Product Manufacturing |
| Description | Manufacturing metal/plastic parts by turning operations on precision lathes and similar equipment, ensuring high accuracy and tight tolerances. |
| Sector | Manufacturing |
| Typical Activities | Precision turned metal and plastic parts production, custom machining of small parts |
| Size Standard (Employees) | 500 employees |
Frequently Asked Questions (FAQ)
What types of materials are used in Precision Turned Product Manufacturing?
Primarily metals such as steel, aluminum, brass, and exotic alloys, as well as engineering-grade plastics like nylon, acetal, and polycarbonate.
What industries typically use products from NAICS 332721?
Key industries include aerospace, automotive, medical devices, electronics, defense, and industrial machinery.
What machining technologies are common in this industry?
Common technologies include CNC turning centers, screw machines, lathes, and multi-spindle automatic lathes used for precision production.
Is NAICS 332721 suitable for small businesses?
Yes! The size standard allows businesses with up to 500 employees to qualify as small businesses in this category, enabling access to SBA programs and government contracting opportunities.
How can knowing the NAICS code benefit manufacturers?
Knowing and using the correct NAICS code helps manufacturers identify industry peers, qualify for government contracts, research market trends, and leverage business development resources.
Optimize your contracting and business growth strategies by understanding NAICS Code 332721—Precision Turned Product Manufacturing—the backbone of many precision industries demanding exacting standards and quality craftsmanship.
