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NAICS Code 331513-08 Description (8-Digit)

Steel-Tool Manufacturing is a subdivision of the Steel Foundries industry that specializes in the production of tools made from steel. These tools are used in a variety of industries, including automotive, construction, and manufacturing. Steel-Tool Manufacturing involves the creation of molds and the casting of steel into specific shapes and sizes to produce tools that are durable and long-lasting.

Hierarchy Navigation for NAICS Code 331513-08

Tools

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

  • Drill bits
  • Taps and dies
  • Hammers
  • Wrenches
  • Chisels
  • Punches
  • Screwdrivers
  • Pliers
  • Saws
  • Files

Industry Examples of Steel-Tool (Manufacturing)

Common products and services typical of NAICS Code 331513-08, illustrating the main business activities and contributions to the market.

  • Automotive repair shops
  • Construction companies
  • Manufacturing plants
  • Metalworking shops
  • Plumbing companies
  • Welding shops
  • Electrical contractors
  • HVAC companies
  • Aerospace industry
  • Defense industry

Certifications, Compliance and Licenses for NAICS Code 331513-08 - Steel-Tool (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).
  • AS9100: This certification is specific to the aerospace industry and ensures that the company has a quality management system in place that meets aerospace industry standards. It is provided by the International Aerospace Quality Group (IAQG).
  • NADCAP: This certification is specific to the aerospace industry and ensures that the company meets industry standards for special processes such as heat treating, welding, and non-destructive testing. It is provided by the Performance Review Institute (PRI).
  • OSHA: This certification ensures that the company meets safety and health standards set by the Occupational Safety and Health Administration (OSHA).
  • EPA: This certification ensures that the company meets environmental standards set by the Environmental Protection Agency (EPA).

History

A concise historical narrative of NAICS Code 331513-08 covering global milestones and recent developments within the United States.

  • The Steel-Tool Manufacturing industry has a long history dating back to the 19th century when the Bessemer process was invented, which allowed for the mass production of steel. This led to the development of new tools and machinery, which in turn increased the demand for steel tools. In the early 20th century, the industry saw significant growth due to the rise of the automobile industry, which required a large number of steel tools for manufacturing. In recent history, the industry has faced challenges due to the increasing competition from foreign manufacturers and the rise of alternative materials such as plastics and composites. However, the industry has adapted by investing in new technologies such as 3D printing and automation to increase efficiency and reduce costs. In the United States, the Steel-Tool Manufacturing industry has a rich history dating back to the early 1900s when the automobile industry was booming. The industry saw significant growth during World War II when the demand for steel tools increased due to the war effort. In the post-war era, the industry continued to grow due to the rise of the aerospace industry, which required high-quality steel tools for manufacturing. However, in recent years, the industry has faced challenges due to the increasing competition from foreign manufacturers and the rise of alternative materials. Despite these challenges, the industry has continued to innovate and invest in new technologies to remain competitive in the global market.

Future Outlook for Steel-Tool (Manufacturing)

The anticipated future trajectory of the NAICS 331513-08 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 Steel-Tool Manufacturing industry in the USA is positive. The industry is expected to grow due to the increasing demand for steel tools in various sectors such as construction, automotive, and aerospace. The industry is also expected to benefit from the increasing adoption of automation and advanced manufacturing technologies, which will improve efficiency and reduce costs. Additionally, the industry is likely to benefit from the increasing focus on sustainability and the use of eco-friendly materials in manufacturing. However, the industry may face challenges such as increasing competition from low-cost imports and the volatility of raw material prices.

Industry Innovations for NAICS Code 331513-08

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

  • Advanced Coatings: Steel-Tool manufacturers are developing advanced coatings that improve the durability and performance of steel tools. These coatings can reduce wear and tear, increase tool life, and improve cutting performance.
  • 3D Printing: The use of 3D printing technology is becoming increasingly popular in the Steel-Tool Manufacturing industry. This technology allows manufacturers to produce complex tool designs with high precision and accuracy.
  • Smart Tools: Steel-Tool manufacturers are developing smart tools that can monitor their own performance and provide real-time feedback to operators. These tools can help improve efficiency and reduce downtime.
  • Nanotechnology: The use of nanotechnology in the Steel-Tool Manufacturing industry is increasing. Nanotechnology can improve the strength, durability, and performance of steel tools.
  • Sustainable Manufacturing: Steel-Tool manufacturers are adopting sustainable manufacturing practices to reduce their environmental impact. This includes the use of eco-friendly materials, energy-efficient processes, and waste reduction initiatives.

NAICS Code 331513-08 - Steel-Tool (Manufacturing)

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