NAICS Code 423510-13 - Iron-Pig (Wholesale)
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NAICS Code 423510-13 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423510-13
Parent Code (less specific)
Tools
Tools commonly used in the Iron-Pig (Wholesale) industry for day-to-day tasks and operations.
- Blast furnaces
- Ladles
- Tongs
- Hammers
- Chisels
- Grinders
- Welding equipment
- Cutting torches
- Cranes
- Forklifts
- Conveyor belts
- Scales
- Thermometers
- Protective gear (e.g. gloves, helmets, goggles)
Industry Examples of Iron-Pig (Wholesale)
Common products and services typical of NAICS Code 423510-13, illustrating the main business activities and contributions to the market.
- Steel mills
- Foundries
- Iron casting companies
- Automotive manufacturers
- Construction companies
- Shipbuilding companies
- Railroad companies
- Agricultural equipment manufacturers
- Mining companies
- Oil and gas companies
Certifications, Compliance and Licenses for NAICS Code 423510-13 - Iron-Pig (Wholesale)
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 10-Hour General Industry Training: This certification provides workers with an understanding of common safety and health hazards in the workplace. It is provided by the Occupational Safety and Health Administration (OSHA).
- Hazardous Materials Transportation Training: This certification is required for anyone who handles, packages, labels, or transports hazardous materials. It is provided by the US Department of Transportation (DOT).
- National Association Of Wholesaler-Distributors (NAW) Certification: This certification provides training in wholesale distribution management and is recognized by the industry. It is provided by the National Association of Wholesaler-Distributors (NAW).
- Certified Professional In Distribution and Warehousing (CPDW): This certification provides training in distribution and warehousing management and is recognized by the industry. It is provided by the International Warehouse Logistics Association (IWLA).
History
A concise historical narrative of NAICS Code 423510-13 covering global milestones and recent developments within the United States.
- The "Iron-Pig (Wholesale)" industry has a long and rich history worldwide. The use of iron dates back to ancient times, with the Iron Age marking a significant milestone in human history. The industrial revolution in the 18th and 19th centuries brought about significant advancements in the production and distribution of iron and iron products. In the United States, the iron industry played a crucial role in the country's development, with the first ironworks established in the early 17th century. The industry continued to grow and evolve, with the introduction of new technologies and processes, such as the Bessemer process in the mid-19th century, which revolutionized the production of steel. In recent years, the industry has faced challenges due to increased competition from other materials and changing market demands. However, it continues to play a vital role in the global economy, with a wide range of applications in various industries, including construction, automotive, and manufacturing. In the United States, the "Iron-Pig (Wholesale)" industry has a more recent history, with significant growth in the post-World War II era. The industry benefited from the country's economic expansion and the increasing demand for iron and steel products. The industry faced challenges in the 1970s and 1980s due to increased competition from foreign producers and changing market conditions. However, it has adapted to these challenges, with many companies focusing on niche markets and specialized products. Today, the industry continues to be an essential part of the US economy, with a wide range of applications in various industries.
Future Outlook for Iron-Pig (Wholesale)
The anticipated future trajectory of the NAICS 423510-13 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 Iron-Pig (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for metal products in various sectors such as construction, automotive, and aerospace. The growth of the construction industry, in particular, is expected to drive the demand for metal products, which will benefit the Iron-Pig (Wholesale) industry. Additionally, the increasing adoption of automation and digitalization in the industry is expected to improve efficiency and reduce costs, which will further boost the growth of the industry. However, the industry may face challenges such as fluctuations in metal prices and the impact of trade policies on the import and export of metal products. Overall, the Iron-Pig (Wholesale) industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 423510-13
Recent groundbreaking advancements and milestones in the Iron-Pig (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Use Of Artificial Intelligence (AI) In Metal Processing: AI is being used in the Iron-Pig (Wholesale) industry to improve the efficiency and accuracy of metal processing. AI-powered machines can analyze data and make decisions in real-time, which can help reduce errors and improve productivity.
- Adoption Of 3D Printing Technology: The Iron-Pig (Wholesale) industry is adopting 3D printing technology to produce metal parts and components. This technology can help reduce lead times, improve accuracy, and reduce waste, which can lead to cost savings.
- Development Of Lightweight Metals: The industry is focusing on the development of lightweight metals such as aluminum and titanium, which are in high demand in the aerospace and automotive industries. These metals offer high strength-to-weight ratios, which can help improve fuel efficiency and reduce emissions.
- Use Of Blockchain Technology: The Iron-Pig (Wholesale) industry is exploring the use of blockchain technology to improve supply chain transparency and traceability. This technology can help reduce fraud, improve efficiency, and enhance customer trust.
- Implementation Of Internet Of Things (Iot) Technology: IoT technology is being used in the industry to improve asset tracking, inventory management, and predictive maintenance. This technology can help reduce downtime, improve efficiency, and reduce costs.
NAICS Code 423510-13 - Iron-Pig (Wholesale)
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