NAICS Code 423830-51 - Metal Working Machinery (Wholesale)

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NAICS Code 423830-51 Description (8-Digit)

Metal Working Machinery (Wholesale) is a subdivision of the Industrial Machinery and Equipment Merchant Wholesalers industry. This industry involves the wholesale distribution of machinery and equipment used in metalworking processes. The machinery and equipment distributed by Metal Working Machinery (Wholesale) companies are used in a variety of metalworking processes, including cutting, shaping, and forming metal into finished products. Metal Working Machinery (Wholesale) companies typically sell their products to other businesses, such as manufacturers, fabricators, and construction companies.

Hierarchy Navigation for NAICS Code 423830-51

Tools

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

  • Metal lathes
  • Milling machines
  • Press brakes
  • Shears
  • Grinders
  • Punch presses
  • Bending machines
  • Plasma cutters
  • Waterjet cutters
  • Laser cutters
  • Welding machines
  • Saws
  • Drill presses
  • Rolling machines
  • Tube benders
  • Ironworkers
  • Notchers
  • Beveling machines
  • Deburring machines

Industry Examples of Metal Working Machinery (Wholesale)

Common products and services typical of NAICS Code 423830-51, illustrating the main business activities and contributions to the market.

  • Metal fabrication
  • Sheet metal work
  • Metal stamping
  • Metal casting
  • Metal forging
  • Metal extrusion
  • Metal spinning
  • Metal cutting
  • Metal forming
  • Metal finishing

Certifications, Compliance and Licenses for NAICS Code 423830-51 - Metal Working Machinery (Wholesale)

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

  • Occupational Safety and Health Administration (OSHA) Certification: OSHA certification is required for workers who operate metalworking machinery. This certification ensures that workers are aware of the safety hazards associated with the machinery and know how to operate it safely. The certification is provided by the Occupational Safety and Health Administration.
  • National Institute for Metalworking Skills (NIMS) Certification: NIMS certification is a nationally recognized certification for metalworking professionals. It is designed to ensure that workers have the necessary skills and knowledge to operate metalworking machinery safely and efficiently. The certification is provided by the National Institute for Metalworking Skills.
  • American Welding Society (AWS) Certification: AWS certification is required for workers who perform welding on metalworking machinery. This certification ensures that workers are aware of the safety hazards associated with welding and know how to perform it safely. The certification is provided by the American Welding Society.
  • National Fire Protection Association (NFPA) Certification: NFPA certification is required for workers who work with hydraulic systems on metalworking machinery. This certification ensures that workers are aware of the safety hazards associated with hydraulic systems and know how to work with them safely. The certification is provided by the National Fire Protection Association.
  • International Organization for Standardization (ISO) Certification: ISO certification is a globally recognized certification for quality management systems. It is designed to ensure that companies have a quality management system in place that meets international standards. The certification is provided by the International Organization for Standardization.

History

A concise historical narrative of NAICS Code 423830-51 covering global milestones and recent developments within the United States.

  • The metalworking machinery industry has a long and rich history dating back to the Industrial Revolution. The first metalworking machines were developed in the late 18th century and were used to produce textiles, steam engines, and other industrial products. In the early 20th century, the development of electric motors and other advanced technologies led to the creation of more sophisticated metalworking machines, such as lathes, milling machines, and grinders. These machines were used to produce a wide range of products, from automobiles and airplanes to household appliances and consumer electronics. In recent history, the metalworking machinery industry in the United States has faced challenges due to increased competition from low-cost manufacturers in Asia and other regions. However, the industry has continued to innovate and adapt to changing market conditions, with a focus on developing more advanced and efficient machines that can meet the needs of a wide range of customers.

Future Outlook for Metal Working Machinery (Wholesale)

The anticipated future trajectory of the NAICS 423830-51 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The metalworking machinery wholesale industry in the USA is expected to grow in the coming years due to the increasing demand for metalworking machinery in various industries such as automotive, aerospace, and construction. The industry is also expected to benefit from the increasing adoption of automation and robotics in the manufacturing process. The COVID-19 pandemic has also led to an increase in demand for metalworking machinery as companies look to reshore their manufacturing operations. However, the industry may face challenges such as supply chain disruptions and increasing competition from low-cost imports. Overall, the metalworking machinery wholesale industry is expected to experience steady growth in the coming years.

Industry Innovations for NAICS Code 423830-51

Recent groundbreaking advancements and milestones in the Metal Working Machinery (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Manufacturing Technologies: Metalworking machinery manufacturers are increasingly incorporating smart manufacturing technologies such as the Internet of Things (IoT) and artificial intelligence (AI) into their products. These technologies enable real-time monitoring and analysis of the manufacturing process, leading to increased efficiency and productivity.
  • 3D Printing: 3D printing technology is being increasingly used in the metalworking machinery industry to produce complex parts and components. This technology enables faster prototyping and reduces the time and cost associated with traditional manufacturing methods.
  • Hybrid Machines: Hybrid machines that combine multiple manufacturing processes such as milling, turning, and grinding into a single machine are becoming increasingly popular in the metalworking machinery industry. These machines offer increased flexibility and reduce the need for multiple machines, leading to cost savings.
  • Energy-Efficient Machines: Metalworking machinery manufacturers are increasingly focusing on developing energy-efficient machines that reduce energy consumption and operating costs. These machines use advanced technologies such as regenerative braking and energy recovery systems to reduce energy consumption.
  • Augmented Reality (AR): AR technology is being increasingly used in the metalworking machinery industry to provide real-time information and guidance to operators. This technology enables operators to perform complex tasks with greater accuracy and efficiency.

NAICS Code 423830-51 - Metal Working Machinery (Wholesale)

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