NAICS Code 423830-49 - Machinery-Used (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 423830-49
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NAICS Code 423830-49 Description (8-Digit)

Machinery-Used (Wholesale) is a subdivision of the Industrial Machinery and Equipment Merchant Wholesalers industry. This industry involves the wholesale distribution of used machinery and equipment, including industrial machinery, construction machinery, and mining machinery. Companies in this industry acquire used machinery and equipment from various sources, such as auctions, trade-ins, and direct purchases, and then sell them to other businesses at a lower price than new machinery and equipment.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423830 page

Tools

Tools commonly used in the Machinery-Used (Wholesale) industry for day-to-day tasks and operations.

  • Forklifts
  • Cranes
  • Excavators
  • Loaders
  • Bulldozers
  • Backhoes
  • Skid steer loaders
  • Graders
  • Pavers
  • Compactors

Industry Examples of Machinery-Used (Wholesale)

Common products and services typical of NAICS Code 423830-49, illustrating the main business activities and contributions to the market.

  • Used construction machinery
  • Used mining machinery
  • Used industrial machinery
  • Used agricultural machinery
  • Used printing machinery
  • Used woodworking machinery
  • Used metalworking machinery
  • Used food processing machinery
  • Used textile machinery
  • Used packaging machinery

History

A concise historical narrative of NAICS Code 423830-49 covering global milestones and recent developments within the United States.

  • The "Machinery-Used (Wholesale)" industry has a long history dating back to the Industrial Revolution in the late 18th century. The first machines were used in the textile industry, and the demand for used machinery grew as the industry expanded. The first used machinery dealerships were established in the early 19th century, and the industry continued to grow throughout the 20th century. In the United States, the industry experienced significant growth after World War II, as manufacturers sought to modernize their operations. The industry has continued to evolve with the advent of new technologies, such as the internet, which has made it easier for buyers and sellers to connect. Today, the industry is a vital part of the global economy, providing businesses with access to affordable, high-quality machinery that helps them stay competitive in an increasingly complex marketplace.