NAICS Code 423990-31 - Timbers (Wholesale)
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NAICS Code 423990-31 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423990-31
Parent Code (less specific)
Tools
Tools commonly used in the Timbers (Wholesale) industry for day-to-day tasks and operations.
- Sawmills
- Planers
- Jointers
- Routers
- Sanders
- Drills
- Nail guns
- Staple guns
- Clamps
- Chisels
- Hand saws
- Circular saws
- Band saws
- Table saws
- Chainsaws
- Axes
- Adzes
- Drawknives
- Froes
Industry Examples of Timbers (Wholesale)
Common products and services typical of NAICS Code 423990-31, illustrating the main business activities and contributions to the market.
- Softwood lumber
- Hardwood lumber
- Plywood
- Particleboard
- MDF (medium-density fiberboard)
- OSB (oriented strand board)
- Timber framing
- Wood shingles
- Wood siding
- Wood decking
Certifications, Compliance and Licenses for NAICS Code 423990-31 - Timbers (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Forest Stewardship Council (FSC) Certification: The FSC certification ensures that the timber products are sourced from responsibly managed forests. The certification is provided by the Forest Stewardship Council.
- Sustainable Forestry Initiative (SFI) Certification: The SFI certification ensures that the timber products are sourced from responsible and sustainable forestry practices. The certification is provided by the Sustainable Forestry Initiative.
- Programme for the Endorsement Of Forest Certification (PEFC) Certification: The PEFC certification ensures that the timber products are sourced from sustainably managed forests. The certification is provided by the Programme for the Endorsement of Forest Certification.
- International Organization for Standardization (ISO) 14001 Certification: The ISO 14001 certification ensures that the company has an effective environmental management system in place. The certification is provided by the International Organization for Standardization.
- Occupational Safety and Health Administration (OSHA) Certification: The OSHA certification ensures that the company has a safe and healthy work environment for its employees. The certification is provided by the Occupational Safety and Health Administration.
History
A concise historical narrative of NAICS Code 423990-31 covering global milestones and recent developments within the United States.
- The "Timbers (Wholesale)" industry has a long history dating back to the early days of human civilization. The use of timber for construction, furniture, and other purposes has been documented in ancient civilizations such as Egypt, Greece, and Rome. In the United States, the industry began to take shape in the early 19th century with the rise of sawmills and the expansion of the railroad system. The industry continued to grow throughout the 20th century, with advancements in technology and transportation making it easier to transport and process timber. Notable advancements in recent history include the increased use of sustainable forestry practices and the development of new timber products such as cross-laminated timber (CLT) which has gained popularity in the construction industry due to its strength and sustainability.
Future Outlook for Timbers (Wholesale)
The anticipated future trajectory of the NAICS 423990-31 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 Timbers (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for timber products in various sectors such as construction, furniture, and paper. The growing trend of eco-friendly and sustainable products is also expected to drive the demand for timber products. However, the industry may face challenges such as the increasing competition from substitute products and the impact of environmental regulations on the supply of timber. Overall, the industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 423990-31
Recent groundbreaking advancements and milestones in the Timbers (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Use Of Drones for Forest Management: Drones are being used to monitor and manage forests, which can help in sustainable forest management and improve the efficiency of the supply chain.
- Development Of Cross-Laminated Timber (CLT): CLT is a sustainable and eco-friendly alternative to traditional building materials such as concrete and steel. It is being increasingly used in construction projects due to its strength, durability, and sustainability.
- Adoption Of Blockchain Technology: Blockchain technology is being used to improve the transparency and traceability of the timber supply chain, which can help in reducing illegal logging and promoting sustainable forest management.
- Use Of 3D Printing Technology: 3D printing technology is being used to create complex and customized wooden products, which can help in reducing waste and improving the efficiency of the manufacturing process.
- Development Of Engineered Wood Products: Engineered wood products such as laminated veneer lumber (LVL) and glulam are being increasingly used in construction projects due to their strength, durability, and sustainability.
NAICS Code 423990-31 - Timbers (Wholesale)
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