NAICS Code 331511-04 - Foundries-Iron (Manufacturing)

Marketing Level - NAICS 8-Digit

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Total Companies

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NAICS Code 331511-04 Description (8-Digit)

Foundries-Iron (Manufacturing) is a subdivision of the NAICS Code 331511 that involves the production of iron castings. This industry is responsible for melting iron and pouring it into molds to create a wide range of products, from small components to large machinery parts. The process of iron casting involves several steps, including patternmaking, molding, melting, pouring, and finishing. Foundries-Iron (Manufacturing) is a crucial industry that provides essential components for various sectors, including automotive, construction, and machinery.

Hierarchy Navigation for NAICS Code 331511-04

Parent Code (less specific)

Tools

Tools commonly used in the Foundries-Iron (Manufacturing) industry for day-to-day tasks and operations.

  • Furnaces
  • Ladles
  • Molds
  • Crucibles
  • Sand mixers
  • Core machines
  • Shot blasting machines
  • Grinding machines
  • Heat treatment equipment
  • Spectrometers

Industry Examples of Foundries-Iron (Manufacturing)

Common products and services typical of NAICS Code 331511-04, illustrating the main business activities and contributions to the market.

  • Engine blocks
  • Transmission cases
  • Pump housings
  • Valve bodies
  • Manhole covers
  • Pipe fittings
  • Agricultural machinery parts
  • Mining equipment components
  • Railroad parts
  • Wind turbine components

Certifications, Compliance and Licenses for NAICS Code 331511-04 - Foundries-Iron (Manufacturing)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • ISO 9001: This certification ensures that the company has a quality management system in place that meets international standards. It is provided by the International Organization for Standardization (ISO).
  • OSHA 29 CFR 1910.147: This regulation requires companies to have a lockout/tagout program in place to prevent accidental startup of machinery during maintenance or repair. It is provided by the Occupational Safety and Health Administration (OSHA).
  • EPA Clean Air Act: This act regulates air emissions from industrial sources, including foundries. It is provided by the Environmental Protection Agency (EPA).
  • NESHAP: This regulation sets standards for hazardous air pollutants emitted by industrial sources, including foundries. It is provided by the EPA.
  • NPDES: This permit regulates the discharge of pollutants into US waters, including those from industrial sources such as foundries. It is provided by the EPA.

History

A concise historical narrative of NAICS Code 331511-04 covering global milestones and recent developments within the United States.

  • The "Foundries-Iron (Manufacturing)" industry has a long and rich history dating back to ancient times. The earliest known iron foundry was established in China in the 5th century BC, where iron was used to create weapons and tools. In the 18th century, the Industrial Revolution brought significant advancements to the industry, including the development of coke-fueled blast furnaces and the Bessemer process, which allowed for the mass production of iron and steel. In the United States, the industry experienced significant growth during World War II, as iron was in high demand for military equipment and infrastructure. In recent years, the industry has faced challenges due to increased competition from foreign manufacturers and the rising cost of raw materials.

Future Outlook for Foundries-Iron (Manufacturing)

The anticipated future trajectory of the NAICS 331511-04 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Foundries-Iron (Manufacturing) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for iron castings in various end-use industries such as automotive, construction, and aerospace. The industry is also expected to benefit from the growing trend of lightweight vehicles, which require iron castings for their engines and transmissions. Additionally, the industry is likely to benefit from the increasing adoption of automation and digitalization in the manufacturing process, which can help to improve efficiency and reduce costs. However, the industry may face challenges such as rising raw material costs and increasing competition from overseas manufacturers. Overall, the industry is expected to grow steadily in the coming years, driven by the increasing demand for iron castings in various end-use industries.

Industry Innovations for NAICS Code 331511-04

Recent groundbreaking advancements and milestones in the Foundries-Iron (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

  • 3D Printing: The use of 3D printing technology in the Foundries-Iron (Manufacturing) industry has been a recent innovation. This technology allows manufacturers to create complex shapes and designs that were previously impossible to produce using traditional casting methods.
  • Automation: The use of automation in the manufacturing process has been another recent innovation in the industry. Automation can help to improve efficiency, reduce costs, and increase productivity.
  • Digitalization: The adoption of digitalization in the manufacturing process has also been a recent innovation. This technology can help to improve quality control, reduce waste, and increase efficiency.
  • Energy Efficiency: The industry has been focusing on improving energy efficiency in the manufacturing process. This can help to reduce costs and improve sustainability.
  • New Alloys: The development of new alloys has been another recent innovation in the industry. These alloys can offer improved performance and durability compared to traditional iron castings.

NAICS Code 331511-04 - Foundries-Iron (Manufacturing)

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