NAICS Code 423740-01 - Warehouses-Cold Storage Equipment Supplies (Wholesale)

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NAICS Code 423740-01 Description (8-Digit)

Warehouses-Cold Storage Equipment Supplies (Wholesale) is a subdivision of the NAICS Code 423740 that deals with the wholesale distribution of refrigeration equipment and supplies used in cold storage facilities. This industry involves the sale of a wide range of products such as refrigeration units, cooling systems, and other equipment used in cold storage facilities. The products sold by this industry are used in various applications such as food storage, pharmaceuticals, and other temperature-sensitive products.

Hierarchy Navigation for NAICS Code 423740-01

Tools

Tools commonly used in the Warehouses-Cold Storage Equipment Supplies (Wholesale) industry for day-to-day tasks and operations.

  • Refrigeration units
  • Cooling systems
  • Temperature sensors
  • Compressors
  • Evaporators
  • Condensers
  • Air curtains
  • Insulated doors
  • Shelving systems
  • Pallet jacks
  • Forklifts
  • Hand trucks
  • Temperature monitoring systems
  • Humidity control systems
  • Air filtration systems
  • Dehumidifiers
  • Fans
  • Lighting systems
  • Safety equipment

Industry Examples of Warehouses-Cold Storage Equipment Supplies (Wholesale)

Common products and services typical of NAICS Code 423740-01, illustrating the main business activities and contributions to the market.

  • Cold storage facilities
  • Food processing plants
  • Pharmaceutical companies
  • Biotech companies
  • Research laboratories
  • Hospitals
  • Supermarkets
  • Convenience stores
  • Restaurants
  • Catering companies
  • Wholesale distributors
  • Beverage companies
  • Dairy farms
  • Meat processing plants
  • Seafood processing plants
  • Ice cream manufacturers
  • Bakeries
  • Floral companies
  • Chemical companies

Certifications, Compliance and Licenses for NAICS Code 423740-01 - Warehouses-Cold Storage Equipment Supplies (Wholesale)

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

  • NSF International Certification: This certification ensures that the equipment and supplies meet the standards of public health and safety. The NSF International provides this certification.
  • Hazard Analysis and Critical Control Points (HACCP) Certification: This certification ensures that the equipment and supplies meet the standards of food safety. The International HACCP Alliance provides this certification.
  • Occupational Safety and Health Administration (OSHA) Certification: This certification ensures that the equipment and supplies meet the standards of workplace safety. The Occupational Safety and Health Administration provides this certification.
  • Environmental Protection Agency (EPA) Certification: This certification ensures that the equipment and supplies meet the standards of environmental safety. The Environmental Protection Agency provides this certification.
  • International Organization for Standardization (ISO) Certification: This certification ensures that the equipment and supplies meet the standards of quality management. The International Organization for Standardization provides this certification.

History

A concise historical narrative of NAICS Code 423740-01 covering global milestones and recent developments within the United States.

  • The "Warehouses-Cold Storage Equipment Supplies (Wholesale)" industry has a long history dating back to the early 20th century when refrigeration technology was first introduced. The industry has since then undergone significant changes and advancements, with the development of new technologies and the increasing demand for cold storage equipment. In the United States, the industry saw a significant boost during World War II when the government invested heavily in cold storage facilities to preserve food for the troops. In recent years, the industry has continued to grow due to the increasing demand for cold storage equipment in various industries such as food and beverage, pharmaceuticals, and healthcare. Notable advancements in the industry include the development of energy-efficient refrigeration systems, the use of automation and robotics in cold storage facilities, and the integration of IoT technology to monitor and control temperature and humidity levels in storage facilities.

Future Outlook for Warehouses-Cold Storage Equipment Supplies (Wholesale)

The anticipated future trajectory of the NAICS 423740-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Warehouses-Cold Storage Equipment Supplies (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for cold storage equipment and supplies from various sectors such as food and beverage, pharmaceuticals, and healthcare. The growth of e-commerce and online grocery shopping is also expected to drive the demand for cold storage equipment and supplies. Additionally, the increasing focus on energy-efficient and eco-friendly equipment is expected to create new opportunities for the industry. However, the industry may face challenges such as rising competition and the need to keep up with technological advancements.

Industry Innovations for NAICS Code 423740-01

Recent groundbreaking advancements and milestones in the Warehouses-Cold Storage Equipment Supplies (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Refrigeration Systems: These systems use sensors and data analytics to optimize energy consumption and reduce waste.
  • Automated Storage and Retrieval Systems: These systems use robots to move and store products in a warehouse, increasing efficiency and reducing labor costs.
  • Cold Storage Monitoring Systems: These systems use sensors to monitor temperature and humidity levels in cold storage facilities, ensuring that products are stored at the correct conditions.
  • Mobile Cold Storage Units: These units are portable and can be used for temporary cold storage needs, such as during events or emergencies.
  • Eco-Friendly Refrigerants: Manufacturers are developing refrigerants that have a lower impact on the environment, such as natural refrigerants like ammonia and carbon dioxide.

NAICS Code 423740-01 - Warehouses-Cold Storage Equipment Supplies (Wholesale)

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