NAICS Code 339999-60 - Surplus & Salvage Merchandise (Manufacturing)
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NAICS Code 339999-60 Description (8-Digit)
Hierarchy Navigation for NAICS Code 339999-60
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Tools
Tools commonly used in the Surplus & Salvage Merchandise (Manufacturing) industry for day-to-day tasks and operations.
- Welding equipment
- Cutting tools (e.g. saws, shears)
- Drilling equipment
- Grinding equipment
- Sanding equipment
- Painting equipment
- Sewing machines
- Upholstery tools
- Woodworking tools (e.g. planers, routers)
- Metalworking tools (e.g. lathes, milling machines)
- Electrical tools (e.g. soldering irons, wire strippers)
- Hand tools (e.g. hammers, screwdrivers)
- Measuring tools (e.g. rulers, calipers)
- Safety equipment (e.g. gloves, goggles)
- Material handling equipment (e.g. forklifts, pallet jacks)
- Cleaning equipment (e.g. pressure washers, vacuums)
- Packaging equipment (e.g. shrink wrap machines, tape dispensers)
- Computer software for inventory management and production planning
- 3D printers for prototyping and production
Industry Examples of Surplus & Salvage Merchandise (Manufacturing)
Common products and services typical of NAICS Code 339999-60, illustrating the main business activities and contributions to the market.
- Recycled furniture
- Upcycled home decor
- Reclaimed wood products
- Salvaged industrial equipment
- Refurbished electronics
- Repurposed metal products
- Surplus building materials
- Reused automotive parts
- Recycled plastic products
- Reclaimed textile products
Certifications, Compliance and Licenses for NAICS Code 339999-60 - Surplus & Salvage Merchandise (Manufacturing)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- ISO 9001: Quality Management System certification that ensures the company meets customer and regulatory requirements. It is provided by the International Organization for Standardization (ISO).
- OSHA 10-Hour General Industry Training: A training program that provides basic safety and health information to workers in the manufacturing industry. It is provided by the Occupational Safety and Health Administration (OSHA).
- EPA Hazardous Waste Generator: A permit that allows the company to generate, store, and dispose of hazardous waste in compliance with the Environmental Protection Agency (EPA) regulations.
- DOT Hazardous Materials Transportation: A certification that allows the company to transport hazardous materials in compliance with the Department of Transportation (DOT) regulations.
- UL Listing: A certification that ensures the safety and quality of the company's products. It is provided by Underwriters Laboratories (UL).
History
A concise historical narrative of NAICS Code 339999-60 covering global milestones and recent developments within the United States.
- The Surplus & Salvage Merchandise (Manufacturing) industry has a long history dating back to the early 20th century. During World War II, the industry played a crucial role in the war effort by salvaging and recycling materials to support the war effort. After the war, the industry continued to grow as it provided a cost-effective way for businesses to acquire raw materials and equipment. In recent years, the industry has faced challenges due to the rise of e-commerce and changing consumer preferences. However, the industry has adapted by expanding its product offerings and investing in technology to improve efficiency.
Future Outlook for Surplus & Salvage Merchandise (Manufacturing)
The anticipated future trajectory of the NAICS 339999-60 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The future outlook for the Surplus & Salvage Merchandise (Manufacturing) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for recycled and repurposed products. The industry is also expected to benefit from the growing trend of sustainability and eco-friendliness. The industry is likely to face challenges due to the increasing competition from the wholesale and retail sectors. However, the industry is expected to overcome these challenges by focusing on innovation and product differentiation. Overall, the Surplus & Salvage Merchandise (Manufacturing) industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 339999-60
Recent groundbreaking advancements and milestones in the Surplus & Salvage Merchandise (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.
- Repurposing Of Waste Materials: Many companies in the Surplus & Salvage Merchandise (Manufacturing) industry are focusing on repurposing waste materials to create new products. For example, some companies are using discarded plastic bottles to create new clothing items.
- Use Of Advanced Technology: The industry is adopting advanced technology to improve the efficiency of the manufacturing process. For example, some companies are using 3D printing technology to create new products.
- Expansion Of Product Lines: Many companies in the industry are expanding their product lines to include a wider range of products. For example, some companies are now offering repurposed furniture in addition to their traditional product lines.
- Collaboration with Other Industries: The industry is collaborating with other industries to create new products. For example, some companies are working with the fashion industry to create new clothing items made from repurposed materials.
- Focus on Sustainability: The industry is focusing on sustainability by using eco-friendly materials and reducing waste. For example, some companies are using recycled materials to create new products and are implementing sustainable manufacturing practices.
NAICS Code 339999-60 - Surplus & Salvage Merchandise (Manufacturing)
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