NAICS Code 332119-17 - Stamps (Tool & Die) (Manufacturing)

Marketing Level - NAICS 8-Digit

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Total Companies

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NAICS Code 332119-17 Description (8-Digit)

Stamps (Tool & Die) (Manufacturing) is a subdivision of the NAICS Code 332119 that involves the production of metal stamps, dies, and tooling used in the manufacturing of metal crown, closure, and other metal stamping products. This industry is responsible for creating the tools that are used to shape and form metal into various shapes and sizes. The stamps, dies, and tooling produced by this industry are used in a wide range of applications, including the production of metal cans, containers, and closures for the food and beverage industry, as well as in the production of metal parts for the automotive and aerospace industries.

Hierarchy Navigation for NAICS Code 332119-17

Tools

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

  • Punches
  • Dies
  • Stamping presses
  • Roll forming machines
  • Bending machines
  • Shearing machines
  • Grinding machines
  • Milling machines
  • Lathes
  • EDM machines
  • Laser cutting machines
  • CNC machines
  • Surface grinders
  • Drill presses
  • Tapping machines
  • Inspection equipment
  • Tool grinders
  • Heat treatment equipment
  • Welding equipment

Industry Examples of Stamps (Tool & Die) (Manufacturing)

Common products and services typical of NAICS Code 332119-17, illustrating the main business activities and contributions to the market.

  • Metal cans
  • Metal containers
  • Metal closures
  • Metal parts
  • Metal brackets
  • Metal clips
  • Metal fasteners
  • Metal housings
  • Metal panels
  • Metal frames

Certifications, Compliance and Licenses for NAICS Code 332119-17 - Stamps (Tool & Die) (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).
  • ITAR: This certification is required for companies that work with defense-related articles and services. It ensures that the company is compliant with the International Traffic in Arms Regulations (ITAR). It is provided by the US Department of State.
  • Rohs: This certification ensures that the company's products are compliant with the Restriction of Hazardous Substances Directive, which restricts the use of certain hazardous materials in electrical and electronic equipment. It is provided by various certification bodies.

History

A concise historical narrative of NAICS Code 332119-17 covering global milestones and recent developments within the United States.

  • The history of the Stamps (Tool & Die) (Manufacturing) industry dates back to the early 19th century when the first stamping press was invented in the United States. The industry grew rapidly during the industrial revolution, and by the early 20th century, it had become a significant contributor to the US economy. During World War II, the industry played a crucial role in the production of military equipment, and after the war, it continued to expand as the demand for consumer goods increased. In recent years, the industry has faced challenges due to increased competition from low-cost imports, but it has also benefited from technological advancements that have improved efficiency and reduced costs. In the United States, the Stamps (Tool & Die) (Manufacturing) industry has a long history of innovation and growth. In the early 20th century, the industry was concentrated in the Midwest, where it supplied parts for the growing automobile industry. During World War II, the industry played a critical role in the war effort, producing parts for military equipment. In the post-war period, the industry continued to grow, driven by the demand for consumer goods. In recent years, the industry has faced challenges from globalization and increased competition, but it has also benefited from technological advancements that have improved efficiency and reduced costs.

Future Outlook for Stamps (Tool & Die) (Manufacturing)

The anticipated future trajectory of the NAICS 332119-17 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 Stamps (Tool & Die) (Manufacturing) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for stamped metal products in various end-use industries such as automotive, aerospace, and construction. The growing trend of lightweight vehicles and fuel-efficient engines is expected to drive the demand for stamped metal components in the automotive industry. Additionally, the increasing demand for stamped metal products in the aerospace industry due to their high strength-to-weight ratio is expected to boost the growth of the industry. The industry is also expected to benefit from the increasing adoption of automation and digitalization in the manufacturing process, which is expected to improve efficiency and reduce costs. However, the industry may face challenges such as rising raw material costs and increasing competition from low-cost manufacturers in emerging economies.

Industry Innovations for NAICS Code 332119-17

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

  • Advanced Stamping Technology: The industry has witnessed significant advancements in stamping technology, which has led to the development of high-precision and complex stamped metal components. The use of advanced stamping technology has enabled manufacturers to produce components with high accuracy and consistency, which has increased the efficiency of the manufacturing process.
  • Lightweight Stamped Metal Components: The industry has been focusing on the development of lightweight stamped metal components to meet the growing demand for lightweight vehicles and fuel-efficient engines. The use of lightweight stamped metal components has enabled manufacturers to reduce the weight of vehicles and improve their fuel efficiency.
  • Use Of Automation: The industry has been adopting automation in the manufacturing process to improve efficiency and reduce costs. The use of automation has enabled manufacturers to increase the speed of the manufacturing process and reduce the need for manual labor.
  • Digitalization Of the Manufacturing Process: The industry has been adopting digitalization in the manufacturing process to improve efficiency and reduce costs. The use of digitalization has enabled manufacturers to optimize the manufacturing process and reduce the time required for product development.
  • Development Of New Alloys: The industry has been focusing on the development of new alloys to meet the growing demand for high-strength and lightweight stamped metal components. The use of new alloys has enabled manufacturers to produce components with improved strength-to-weight ratio and corrosion resistance.

NAICS Code 332119-17 - Stamps (Tool & Die) (Manufacturing)

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