493 - Warehousing and Storage
When it comes to the critical backbone of supply chain and logistics, NAICS Code 493, titled Warehousing and Storage, plays an indispensable role in ensuring goods are safely stored and efficiently managed. Whether it’s refrigerated goods, general merchandise, or specialized storage products, businesses under this code are fundamental to modern commerce and transportation.
What is NAICS Code 493?
NAICS Code 493 encompasses establishments primarily engaged in the operation of warehousing and storage facilities. These facilities serve to store a wide range of products, including general merchandise and perishable items requiring temperature control. This industry segment supports various sectors by safeguarding inventory until it’s ready to be shipped or distributed.
Sector and Typical Business Activities
NAICS 493 falls under the broader Transportation and Warehousing sector, underscoring its vital function in maintaining the flow of goods across supply chains.
Common Business Types and Activities in NAICS 493:
- Public Warehousing: Facilities open to multiple clients for storing goods.
- Refrigerated Warehousing: Specialized storage for perishable and temperature-sensitive items like food and pharmaceuticals.
- Storage Units: Self-storage spaces rented by individuals or businesses.
These business activities ensure a variety of goods are stored securely and efficiently, facilitating logistics, distribution, and retail operations.
Size Standards for Eligibility
Understanding size standards is essential for small business eligibility in government contracting and other regulatory frameworks:
| NAICS Code | Industry Title | Size Standard (Employees) | Size Standard (Annual Receipts) |
|---|---|---|---|
| 493 | Warehousing and Storage | 500 employees | $27.5 million (varies by sub-industry) |
Size standards can differ depending on the nature of warehousing services provided. Businesses should consult the SBA or official NAICS resources for the most accurate and current thresholds.
Examples of Businesses under NAICS 493
- ABC Public Warehousing Ltd. – Operating multiple public warehouse facilities catering to retail and manufacturing clients.
- FreshKeep Refrigerated Storage Inc. – Specializing in temperature-controlled warehousing for frozen and chilled goods.
- Citywide Storage Units – Providing secure, short- and long-term storage units to residential and commercial customers.
NAICS Code 493 - Warehousing and Storage: Code Details
| Code | Description |
|---|---|
| 4930 | Warehousing and Storage (General classification) |
| 4931 | Warehousing and Storage |
| 493110 | General Warehousing and Storage |
| 493120 | Refrigerated Warehousing and Storage |
| 493130 | Farm Product Warehousing |
| 493190 | Other Warehousing and Storage |
Frequently Asked Questions (FAQs)
Q1: What types of goods are stored under NAICS 493?
A: This includes general merchandise, refrigerated items such as food and pharmaceuticals, farm products, and other specialized inventory.
Q2: What is the difference between public and refrigerated warehousing?
A: Public warehousing serves multiple clients and stores general merchandise, while refrigerated warehousing specifically maintains temperature-controlled environments for perishable goods.
Q3: How can a business verify if it qualifies as a small business under NAICS 493?
A: Businesses should refer to SBA size standards, which usually consider the number of employees (up to 500) and annual receipts. Checking specific sub-industry details is important for accuracy.
Q4: Can a self-storage company fall under NAICS 493?
A: Yes, storage units rented to individuals or businesses are included under this NAICS code.
Conclusion
NAICS Code 493 covers an essential part of the supply chain ecosystem—Warehousing and Storage. From handling general goods to specialized refrigerated products, businesses classified under this code are pivotal for efficient logistics and inventory management. Understanding its framework, size standards, and types of operations can help businesses optimize their services and navigate government contracting opportunities effectively.
Optimize your warehousing business strategy by aligning with NAICS Code 493 and stay ahead in the thriving transportation and warehousing sector!
