42374 - Refrigeration Equipment and Supplies Merchant Wholesalers
When it comes to the wholesale distribution of refrigeration products, NAICS code 42374 plays a pivotal role in connecting manufacturers with businesses that rely on advanced refrigeration technologies. If you're involved in commercial or industrial refrigeration equipment, understanding this NAICS code is essential for market analysis, government contracting, or business classification.
What is NAICS Code 42374?
NAICS code 42374 corresponds to the industry of Refrigeration Equipment and Supplies Merchant Wholesalers. This industry segment encompasses establishments mainly engaged in the merchant wholesale distribution of refrigeration equipment, parts, and supplies. These businesses supply commercial and industrial refrigeration systems, refrigeration parts, and related accessories to other companies such as contractors, retailers, and manufacturing facilities.
Sector Overview: Wholesale Trade
NAICS 42374 falls under the broader Wholesale Trade sector, specifically within durable goods merchant wholesalers. The focus here is on wholesale distribution, meaning that these businesses do not typically sell directly to the end consumer but cater to business clients who integrate refrigeration products into their operations.
Typical Business Activities Under NAICS 42374
Businesses classified under this code are involved in:
- Distributing commercial refrigeration equipment such as walk-in coolers, display cases, and ice machines.
- Wholesale of industrial refrigeration systems used in food processing, cold storage warehouses, and other large-scale facilities.
- Supplying refrigeration parts and components, including compressors, condensers, evaporators, valves, and thermostats.
- Providing accessories and supplies that support refrigeration systemsâ installation and maintenance.
Examples of typical businesses:
- Commercial refrigeration equipment wholesalers
- Industrial refrigeration parts distributors
- Suppliers of refrigeration system components
Small Business Size Standards
For businesses seeking to qualify under small business definitions in government contracting or financial programs, the U.S. Small Business Administration (SBA) sets specific size standards. For NAICS code 42374:
- Size Standard: The industryâs small business size standard is typically 100 employees (this can vary; always verify the latest SBA standards).
- Meeting this standard allows businesses to qualify as a small business for federal contracting opportunities.
NAICS Code 42374 Details
Code | Title | Sector | Industry Description | Typical Business Types | Small Business Size Standard |
---|---|---|---|---|---|
42374 | Refrigeration Equipment and Supplies Merchant Wholesalers | Wholesale Trade | Establishments primarily engaged in wholesale distribution of refrigeration equipment, parts, and supplies. | Commercial refrigeration wholesalers, industrial parts distributors, refrigeration system component suppliers | 100 employees (subject to SBA updates) |
FAQs about NAICS Code 42374
Q1: What kinds of products are included under NAICS 42374?
A: Products include commercial and industrial refrigeration systems, refrigeration parts like compressors and condensers, and related supplies and accessories for refrigeration systems.
Q2: Who are the typical customers for businesses under this NAICS code?
A: Customers typically include contractors, installation and maintenance companies, retailers, food service providers, and industrial facilities needing refrigeration equipment.
Q3: Can these wholesalers sell directly to consumers?
A: Generally, businesses in NAICS 42374 focus on wholesale distribution, selling primarily to other businesses rather than direct to individual consumers.
Q4: Why is knowing this NAICS code important for government contractors?
A: Understanding NAICS code 42374 helps businesses correctly classify themselves for contracting opportunities, comply with regulations, and compete for government contracts tailored to refrigeration equipment supply.
Q5: How often do size standards for this NAICS code change?
A: The SBA reviews size standards periodically, so businesses should check the latest SBA table to confirm current employee limits.
Conclusion
NAICS code 42374 identifies a vital part of the Wholesale Trade sector focused on refrigeration equipment and supplies. Whether youâre a distributor, supplier, or a business seeking to engage with wholesale refrigeration providers, understanding this classification is valuable for market positioning, regulatory compliance, and securing business or government contracts.
By leveraging detailed awareness of NAICS 42374, companies can optimize their operations and tap into the growing demand for efficient refrigeration solutions across commercial and industrial markets.
Keywords: NAICS code 42374, Refrigeration Equipment Wholesale, Refrigeration Supplies Distributor, Commercial Refrigeration Wholesalers, Industrial Refrigeration Parts, Wholesale Trade NAICS