NAICS Code 323111-50 - Engravers-Bank Note (Manufacturing)

Marketing Level - NAICS 8-Digit

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NAICS CODE 323111-50
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NAICS Code 323111-50 Description (8-Digit)

Engravers-Bank Note (Manufacturing) is a subdivision of the NAICS Code 323111 that involves the production of banknotes, which are paper currency notes issued by a central bank. This industry is responsible for creating the intricate designs and security features found on banknotes to prevent counterfeiting. Engravers-Bank Note (Manufacturing) requires a high level of precision and attention to detail to ensure that the banknotes are of the highest quality and security.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 323111 page

Tools

Tools commonly used in the Engravers-Bank Note (Manufacturing) industry for day-to-day tasks and operations.

  • Intaglio printing presses
  • Engraving tools
  • Magnifying glasses
  • Microscopes
  • Computer software for designing banknote security features
  • Printing plates
  • Ink mixing equipment
  • Plate-making equipment
  • Security paper

Industry Examples of Engravers-Bank Note (Manufacturing)

Common products and services typical of NAICS Code 323111-50, illustrating the main business activities and contributions to the market.

  • Banknotes
  • Currency notes
  • Paper money
  • Legal tender
  • Central bank notes

History

A concise historical narrative of NAICS Code 323111-50 covering global milestones and recent developments within the United States.

  • The Engravers-Bank Note (Manufacturing) industry has a long and rich history dating back to the 16th century when the first banknotes were printed in Europe. The industry has since evolved to become a crucial part of the financial sector, providing security printing services for banknotes, passports, and other sensitive documents. In the United States, the industry has been active since the early 1800s, with the establishment of the Bureau of Engraving and Printing in 1862. The bureau was responsible for printing paper currency and other security documents for the US government. In the 20th century, the industry saw significant advancements in printing technology, including the introduction of intaglio printing, which allowed for more intricate designs and enhanced security features. In recent years, the industry has continued to innovate, with the adoption of digital printing technologies and the development of new security features to combat counterfeiting.