NAICS Code 522310-01 - Industrial Plants-Bought

Marketing Level - NAICS 8-Digit

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NAICS Code 522310-01 Description (8-Digit)

The Industrial Plants-Bought industry involves the purchase of entire industrial plants, including the land, buildings, and equipment. This industry is primarily engaged in acquiring and managing industrial plants for the purpose of leasing or renting them to other businesses. The plants acquired by companies in this industry can be used for a variety of purposes, such as manufacturing, processing, or storage.

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 522310 page

Tools

Tools commonly used in the Industrial Plants-Bought industry for day-to-day tasks and operations.

  • Industrial plant valuation software
  • Asset management software
  • Financial analysis software
  • Industrial plant inspection equipment
  • Heavy machinery transport vehicles
  • Industrial plant cleaning equipment
  • Industrial plant maintenance tools
  • Industrial plant security systems
  • Industrial plant energy management systems
  • Industrial plant waste management equipment

Industry Examples of Industrial Plants-Bought

Common products and services typical of NAICS Code 522310-01, illustrating the main business activities and contributions to the market.

  • Chemical processing plants
  • Food processing plants
  • Manufacturing plants
  • Warehousing facilities
  • Distribution centers
  • Energy production plants
  • Mining facilities
  • Oil refineries
  • Paper mills
  • Textile mills

History

A concise historical narrative of NAICS Code 522310-01 covering global milestones and recent developments within the United States.

  • The Industrial Plants-Bought industry has a long history dating back to the early 20th century when the first industrial plants were bought and sold. The industry has since grown and evolved, with notable advancements such as the introduction of computerized systems for plant valuation and the use of big data analytics to identify potential acquisition targets. In recent years, the industry has seen increased consolidation, with larger firms acquiring smaller ones to expand their operations and gain a competitive edge. In the United States, the industry has faced challenges such as increased regulation and a decline in the number of available acquisition targets, but it has also benefited from technological advancements and a growing demand for industrial plants in emerging markets.