42371 - Hardware Merchant Wholesalers
When it comes to understanding the backbone of many supply chains in the hardware industry, NAICS code 42371 plays a pivotal role. Known as Hardware Merchant Wholesalers, this classification is crucial for businesses involved in the wholesale distribution of various hardware products. Whether you're a retailer, industrial buyer, or service provider, understanding this code helps streamline procurement and identify key market players.
What is NAICS Code 42371?
NAICS code 42371 identifies establishments primarily engaged in merchant wholesale distribution of hardware. This includes a broad range of products such as hand and power tools, cutlery, locks, hinges, chains, and related hardware. These wholesalers serve multiple customers, including retailers, industrial, commercial, institutional or professional users, and other wholesale distributors.
Sector Overview: Wholesale Trade
NAICS 42371 falls under the Wholesale Trade sector. This sector encompasses establishments responsible for wholesaling a variety of goods, typically to business users rather than individual consumers. Specifically, hardware merchant wholesalers act as intermediaries, efficiently distributing hardware products from manufacturers to retailers and other business clients.
Typical Business Activities in NAICS 42371
Businesses operating under this code typically engage in:
- Wholesale distribution of hand and power tools
- Supplying locks and hinges
- Distributing various chains and related hardware products
- Managing inventory and logistics for hardware supplies
- Establishing B2B sales channels with retail, commercial, and institutional buyers
Size Standards for NAICS 42371 Eligibility
To qualify under NAICS code 42371 as a small business for federal contracting and other governmental purposes, the size standard is typically based on annual revenue or number of employees. According to the U.S. Small Business Administration (SBA):
- Size standard: Maximum of $44.5 million in average annual receipts
- This figure may vary; always confirm with the latest SBA standards or federal contracting guidelines
Examples of Businesses Under NAICS 42371
Here are some common examples of businesses you will find classified within this NAICS code:
- Wholesale distributors of hand tools and power tools, such as drills, saws, and screwdrivers
- Suppliers providing security hardware, including locks and deadbolts
- Distributors specializing in door and window hardware, like hinges and handles
- Companies supplying chains, cables, and tie-downs used across industrial applications
NAICS Code 42371 Details Table
| Attribute | Description |
|---|---|
| NAICS Code | 42371 |
| Title | Hardware Merchant Wholesalers |
| Sector | Wholesale Trade |
| Industry Description | Establishments primarily engaged in merchant wholesale distribution of hardware products, including tools, cutlery, locks, hinges, and chains |
| Typical Products | Hand tools, power tools, cutlery, locks, hinges, chains, and related hardware |
| Typical Customers | Retailers, industrial, commercial, institutional users, professional business users, other wholesalers |
| Size Standard | $44.5 million average annual receipts (subject to SBA adjustments) |
Frequently Asked Questions About NAICS Code 42371
What types of products are included in NAICS 42371?
This code covers hardware items such as hand and power tools, cutlery, locks, hinges, chains, and related hardware products predominantly distributed wholesale.
Who are the typical customers for hardware merchant wholesalers?
Customers include retailers, industrial and commercial clients, institutions, professional businesses, and other wholesalers.
How does this NAICS code differ from retail hardware stores?
NAICS 42371 applies to wholesalers who sell hardware products in bulk to businesses, whereas retail hardware stores sell directly to end consumers.
What is the SBA size standard for NAICS 42371?
Small businesses under this code must generally have average annual receipts not exceeding $44.5 million but always verify with the latest SBA updates.
Why is understanding NAICS code 42371 important?
For businesses seeking government contracts, market analysis, or partnership opportunities, knowing this NAICS code helps identify relevant players and compliance requirements in the hardware wholesale industry.
Conclusion
Understanding NAICS code 42371 - Hardware Merchant Wholesalers is essential for anyone involved in the wholesale trade of hardware products. From tools and cutlery to locks and chains, these wholesalers are a critical link between manufacturers and business customers. Whether you’re a supplier, buyer, or contractor, leveraging this information can boost your market positioning, ensure regulatory compliance, and open avenues for government contracting opportunities.
Keywords: NAICS code 42371, Hardware Merchant Wholesalers, wholesale trade, hardware wholesaling, tools distributors, locks suppliers, hinges wholesalers, chains distributors, SBA size standards
