Major Group SIC 2439 - Structural Wood Members, Not Elsewher...

SIC 2439 - Structural Wood Members, Not Elsewhere Classified

SIC 24 - Lumber And Wood Products, Except Furniture
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 243 - Millwork, Veneer, Plywood, and Structural Wood Members
  SIC 241 - Logging SIC 242 - Sawmills And Planing Mills SIC 243 - Millwork, Veneer, Plywood, and Structural Wood Members SIC 244 - Wood Containers SIC 245 - Wood Buildings And Mobile Homes SIC 249 - Miscellaneous Wood Products
  - SIC 2439 - Structural Wood Members, Not Elsewhere Classified
    SIC 2431 - Millwork SIC 2434 - Wood Kitchen Cabinets SIC 2435 - Hardwood Veneer And Plywood SIC 2436 - Softwood Veneer And Plywood SIC 2439 - Structural Wood Members, Not Elsewhere Classified

Establishments primarily engaged in producing laminated or fabricated trusses, arches, and other structural members of lumber. Establishments primarily engaged in fabrication on the site of construction are classified in

Industry trends:

The Structural Wood Members industry (NAICS 2439) has been experiencing significant shifts influenced by various trends. An increasing focus on sustainability and environmentally friendly building practices has led to a rise in demand for wood products as they are seen as a renewable resource with a smaller carbon footprint compared to traditional building materials like steel and concrete. Advances in technology, such as computer-aided design (CAD) and computer numerical control (CNC) machining, have also streamlined production processes, enhancing precision and reducing waste.

Additionally, there's been a growing trend towards prefabrication and modular construction, which relies heavily on pre-manufactured wood components for quicker assembly and reduced construction times. This trend is expected to gain momentum as labor shortages and housing demands push the industry towards more efficient building methods.

In the near future, the industry is forecast to continue growing as urbanization and population growth drive demand for new residential and commercial buildings. Innovations in engineered wood products, such as cross-laminated timber (CLT), are likely to see increased adoption, further cementing wood’s role in modern construction. Regulatory changes favoring sustainable building practices will also bolster this trend, encouraging the incorporation of wood components in both new buildings and renovations.

This industry is comprised of:

Explore related industries:

SIC 1791 - Structural Steel Erection SIC 3083 - Laminated Plastics Plate, Sheet, And Profile Shapes SIC 3441 - Fabricated Structural Metal

Buy the detailed report

This report includes the ability to segment your Industry by:

Region
Employees
Net Sales

Company Age
Total Assets
Ownership Type

Download sample reports

With iCFO You Get

What Is iCFO?

A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.

Sound Business Analysis

Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.

Your Business’ Health In Minutes

It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.