NAICS Code 423840-63 - Swivels (Wholesale)

Marketing Level - NAICS 8-Digit

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Looking for more companies? See NAICS 423840 - Industrial Supplies Merchant Wholesalers - 4,941 companies, 49,229 emails.

NAICS Code 423840-63 Description (8-Digit)

Swivels (Wholesale) is a subdivision of the Industrial Supplies Merchant Wholesalers industry that involves the wholesale distribution of swivels. Swivels are mechanical devices that allow rotation around a fixed axis and are commonly used in various industries such as oil and gas, marine, and construction. The industry includes the distribution of various types of swivels such as ball bearing swivels, barrel swivels, crane swivels, and more.

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 423840 page

Tools

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

  • Ball bearing press
  • Drill press
  • Lathe
  • Milling machine
  • Hydraulic press
  • Welding machine
  • Cutting machine
  • Grinding machine
  • Sandblasting machine
  • Testing equipment (e.g. load testing machine)

Industry Examples of Swivels (Wholesale)

Common products and services typical of NAICS Code 423840-63, illustrating the main business activities and contributions to the market.

  • Oil and gas industry
  • Marine industry
  • Construction industry
  • Fishing industry
  • Mining industry
  • Agriculture industry
  • Aerospace industry
  • Automotive industry
  • Entertainment industry
  • Military industry

History

A concise historical narrative of NAICS Code 423840-63 covering global milestones and recent developments within the United States.

  • The "Swivels (Wholesale)" industry has a long history dating back to the early 1900s when the first swivel joints were invented. These early swivels were used in the oil and gas industry to allow for the movement of pipes and hoses without causing damage. Over time, swivels became more advanced and were used in a variety of industries, including agriculture, construction, and manufacturing. In recent years, the demand for swivels has increased due to the growth of the oil and gas industry, as well as the need for more efficient and flexible machinery in other industries. In the United States, the industry has seen significant growth in the last decade, with many companies expanding their product lines and investing in new technologies to meet the growing demand for swivels.