NAICS Code 423840-67 - Tools-Powder Actuated (Wholesale)
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NAICS Code 423840-67 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423840-67
Parent Code (less specific)
Tools
Tools commonly used in the Tools-Powder Actuated (Wholesale) industry for day-to-day tasks and operations.
- Powder-actuated nail guns
- Powder-actuated stud guns
- Powder-actuated pin guns
- Powder-actuated fasteners
- Powder loads
- Powder-actuated tool accessories
- Powder-actuated tool cleaning kits
- Powder-actuated tool lubricants
- Powder-actuated tool repair kits
- Powder-actuated tool safety equipment
Industry Examples of Tools-Powder Actuated (Wholesale)
Common products and services typical of NAICS Code 423840-67, illustrating the main business activities and contributions to the market.
- Construction companies
- Manufacturing companies
- Building material suppliers
- Hardware stores
- Tool rental companies
- Industrial supply distributors
- Fastener distributors
- Concrete suppliers
- Steel suppliers
- Masonry contractors
Certifications, Compliance and Licenses for NAICS Code 423840-67 - Tools-Powder Actuated (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- OSHA Safety Certification: This certification is required for workers who handle powder-actuated tools and other hazardous equipment. The certification is provided by the Occupational Safety and Health Administration (OSHA) and ensures that workers are trained in the safe use of these tools.
- Hazardous Materials Transportation Certification: This certification is required for companies that transport powder-actuated tools and other hazardous materials. The certification is provided by the US Department of Transportation (DOT) and ensures that companies are following the proper safety protocols when transporting these materials.
- National Association Of Wholesaler-Distributors (NAW) Certification: This certification is provided by the NAW and is designed to help wholesale distributors improve their operations and increase profitability. The certification covers a wide range of topics, including supply chain management, inventory control, and customer service.
- ISO 9001 Certification: This certification is provided by the International Organization for Standardization (ISO) and is designed to help companies improve their quality management systems. The certification covers a wide range of topics, including customer satisfaction, process improvement, and risk management.
- ANSI Accreditation: The American National Standards Institute (ANSI) provides accreditation for a wide range of organizations, including those in the wholesale industry. ANSI accreditation ensures that organizations are following the proper standards and procedures for their industry.
History
A concise historical narrative of NAICS Code 423840-67 covering global milestones and recent developments within the United States.
- The "Tools-Powder Actuated (Wholesale)" industry has a long history dating back to the early 20th century when the first powder-actuated tools were invented. These tools were initially used in the construction industry to fasten materials to concrete and steel. Over time, the industry expanded to include other applications such as fastening drywall, ceiling tiles, and electrical fixtures. In the United States, the industry experienced significant growth in the post-World War II era due to the construction boom and the need for new infrastructure. In recent years, the industry has continued to evolve with advancements in technology, including the development of more efficient and safer tools, as well as the introduction of new materials and fastening systems.
Future Outlook for Tools-Powder Actuated (Wholesale)
The anticipated future trajectory of the NAICS 423840-67 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 Tools-Powder Actuated (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for construction and infrastructure development. The growth of the construction industry is expected to drive the demand for tools and equipment, including powder-actuated tools. Additionally, the increasing adoption of automation and digitization in the construction industry is expected to drive the demand for advanced tools and equipment. The industry is also expected to benefit from the increasing focus on workplace safety and the adoption of safety regulations. Overall, the industry is expected to experience steady growth in the coming years.
Industry Innovations for NAICS Code 423840-67
Recent groundbreaking advancements and milestones in the Tools-Powder Actuated (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Smart Tools: The development of smart tools that can be connected to mobile devices and provide real-time data on tool performance and usage is a recent innovation in the Tools-Powder Actuated (Wholesale) industry. These tools can help improve efficiency and safety on construction sites.
- Cordless Tools: The development of cordless powder-actuated tools has been a significant innovation in the industry. These tools are more convenient and portable than traditional corded tools, and they can help improve productivity on construction sites.
- Improved Safety Features: The industry has seen significant innovation in the development of safety features for powder-actuated tools. These features include automatic piston return, safety interlocks, and trigger locks, which help prevent accidental firing and improve workplace safety.
- Increased Automation: The industry has seen increased automation in the manufacturing of powder-actuated tools, which has helped improve efficiency and reduce costs. Automation has also enabled the development of more advanced tools with improved features and capabilities.
- Environmental Sustainability: The industry has seen innovation in the development of more environmentally sustainable powder-actuated tools. These tools use less energy and produce fewer emissions than traditional tools, which can help reduce the industry's environmental impact.
NAICS Code 423840-67 - Tools-Powder Actuated (Wholesale)
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