NAICS Code 332 - Fabricated Metal Product Manufacturing

NAICS 332 - Fabricated Metal Product Manufacturing

NAICS 33 - Manufacturing
NAICS 11 - Sector 11--Agriculture, Forestry, Fishing and Hunting NAICS 21 - Sector 21--Mining NAICS 22 - Sector 22--Utilities NAICS 23 - Sector 23--Construction NAICS 31 - Sector 31-33--Manufacturing NAICS 42 - Sector 42--Wholesale Trade NAICS 44 - Sector 44-45--Retail Trade NAICS 48 - Sector 48-49--Transportation and Warehousing NAICS 51 - Sector 51--Information NAICS 52 - Sector 52--Finance and Insurance NAICS 53 - Sector 53--Real Estate and Rental and Leasing NAICS 54 - Sector 54--Professional, Scientific, and Technical Services NAICS 55 - Sector 55--Management of Companies and Enterprises NAICS 56 - Sector 56--Administrative and Support and Waste Management and Remediation Services NAICS 61 - Sector 61--Educational Services NAICS 62 - Sector 62--Health Care and Social Assistance NAICS 71 - Sector 71--Arts, Entertainment, and Recreation NAICS 72 - Sector 72--Accommodation and Food Services NAICS 81 - Sector 81--Other Services (except Public Administration) NAICS 92 - Sector 92--Public Administration
- NAICS 332 - Fabricated Metal Product Manufacturing
  NAICS 311 - Food Manufacturing NAICS 312 - Beverage and Tobacco Product Manufacturing NAICS 313 - Textile Mills NAICS 314 - Textile Product Mills NAICS 315 - Apparel Manufacturing NAICS 316 - Leather and Allied Product Manufacturing NAICS 321 - Wood Product Manufacturing NAICS 322 - Paper Manufacturing NAICS 323 - Printing and Related Support Activities NAICS 324 - Petroleum and Coal Products Manufacturing NAICS 325 - Chemical Manufacturing NAICS 326 - Plastics and Rubber Products Manufacturing NAICS 327 - Nonmetallic Mineral Product Manufacturing NAICS 331 - Primary Metal Manufacturing NAICS 332 - Fabricated Metal Product Manufacturing NAICS 333 - Machinery Manufacturing NAICS 334 - Computer and Electronic Product Manufacturing NAICS 335 - Electrical Equipment, Appliance, and Component Manufacturing NAICS 336 - Transportation Equipment Manufacturing NAICS 337 - Furniture and Related Product Manufacturing NAICS 339 - Miscellaneous Manufacturing

Industries in the Fabricated Metal Product Manufacturing subsector transform metal into intermediate or end products, other than machinery, computers and electronics, and metal furniture or treating metals and metal formed products fabricated elsewhere. Important fabricated metal processes are forging, stamping, bending, forming, and machining, used to shape individual pieces of metal; and other processes, such as welding and assembling, used to join separate parts together. Establishments in this subsector may use one of these processes or a combination of these processes.

The NAICS structure for this subsector distinguishes the forging and stamping processes in a single industry. The remaining industries, in the subsector, group establishments based on similar combinations of processes used to make products.

The manufacturing performed in the Fabricated Metal Product Manufacturing subsector begins with manufactured metal shapes. The establishments in this sector further fabricate the purchased metal shapes into a product. For instance, the Spring and Wire Product Manufacturing industry starts with wire and fabricates such items.

Within manufacturing there are other establishments that make the same products made by this subsector; only these establishments begin production further back in the production process. These establishments have a more integrated operation. For instance, one establishment may manufacture steel, draw it into wire, and make wire products in the same establishment. Such operations are classified in the Primary Metal Manufacturing subsector.

Industry trends:

The fabricated metal product manufacturing industry, classified under NAICS 332, is experiencing a few notable qualitative trends. One significant trend is the increasing push towards automation and advanced manufacturing techniques. Companies are adopting robotics, AI, and IoT (Internet of Things) to enhance efficiency, reduce labor costs, and improve product consistency. This shift aims to address labor shortages and meet the growing demand for customized and complex metal products.

Additionally, there's a growing emphasis on sustainability and eco-friendly practices. Manufacturers are seeking ways to reduce their carbon footprint through energy-efficient processes, recycling, and the use of sustainable materials. This trend is driven by both regulatory pressures and a rising consumer preference for environmentally responsible products.

Another trend is the integration of digital technologies in supply chain management. This includes the use of digital twins, predictive analytics, and blockchain to optimize logistics, inventory management, and supplier relationships. Such technologies provide greater transparency and agility, enabling companies to respond swiftly to market changes.

Looking ahead, these trends are expected to continue shaping the industry. The adoption of Industry 4.0 technologies and sustainability initiatives will likely intensify, driven by advancements in technology and increasing global emphasis on environmental stewardship. Companies that invest in these areas may achieve competitive advantages through enhanced operational efficiency and brand reputation.