Airia Pars

Motor Vehicle Supplies and New Parts Merchant Wholesalers

NAICS #42312 | This industry comprises establishments primarily engaged in the merchant wholesale distribution of motor vehicle supplies, accessories, tools, and equipment; and new motor vehicle parts (except new tires and tubes). Merchant wholesale distribution of new and/or used tires and tubes--are classified in Industry 423130, Tire and Tube Merchant Wholesalers; Merchant wholesale distribution of automotive chemicals (except lubricating oils and greases)--are classified in Industry 424690, Other Chemical and Allied Products Merchant Wholesalers; Merchant wholesale distribution of lubricating oils and greases--are classified in Industry 424720, Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals); and Merchant wholesale distribution of used motor vehicle parts--are classified in Industry 423140, Motor Vehicle Parts (Used) Merchant Wholesalers.

Metal Service Centers and Other Metal Merchant Wholesalers

NAICS #42351 | This industry comprises establishments primarily engaged in the merchant wholesale distribution of products of the primary metals industries. Service centers maintain inventory and may perform functions, such as sawing, shearing, bending, leveling, cleaning, or edging, on a custom basis as part of sales transactions. Merchant wholesale distribution of gold, silver, and platinum--are classified in Industry 423940, Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers; Merchant wholesale distribution of automotive, industrial, and other recyclable metal scrap--are classified in Industry 423930, Recyclable Material Merchant Wholesalers; and Merchant wholesale distribution of insulated wire--are classified in Industry 423610, Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers.

Industrial Machinery and Equipment Merchant Wholesalers

NAICS #42383 | This industry comprises establishments primarily engaged in the merchant wholesale distribution of specialized machinery, equipment, and related parts generally used in manufacturing, oil well, and warehousing activities. Merchant wholesale distribution of specialized machinery, equipment, and related parts generally used in construction, mining (except oil well), and logging activities--are classified in Industry 423810, Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers; and Merchant wholesale distribution of supplies used in machinery and equipment generally used in manufacturing, oil well, and warehousing activities--are classified in Industry 423840, Industrial Supplies Merchant Wholesalers.

Industrial Supplies Merchant Wholesalers

NAICS #42384 | This industry comprises establishments primarily engaged in the merchant wholesale distribution of supplies for machinery and equipment generally used in manufacturing, oil well, and warehousing activities. Merchant wholesale distribution of hydraulic and pneumatic (fluid power) pumps, motors, pistons, and valves--are classified in Industry 423830, Industrial Machinery and Equipment Merchant Wholesalers; and Merchant wholesale distribution of welding gases--are classified in Industry 424690, Other Chemical and Allied Products Merchant Wholesalers.

Finance and Insurance

NAICS #52 | The Sector as a Whole

The Finance and Insurance sector comprises establishments primarily engaged in financial transactions (transactions involving the creation, liquidation, or change in ownership of financial assets) and/or in facilitating financial transactions. Three principal types of activities are identified:

1. Raising funds by taking deposits and/or issuing securities and, in the process, incurring liabilities. Establishments engaged in this activity use raised funds to acquire financial assets by making loans and/or purchasing securities. Putting themselves at risk, they channel funds from lenders to borrowers and transform or repackage the funds with respect to maturity, scale, and risk. This activity is known as financial intermediation.

2. Pooling of risk by underwriting insurance and annuities. Establishments engaged in this activity collect fees, insurance premiums, or annuity considerations; build up reserves; invest those reserves; and make contractual payments. Fees are based on the expected incidence of the insured risk and the expected return on investment.

3. Providing specialized services facilitating or supporting financial intermediation, insurance, and employee benefit programs.

In addition, monetary authorities charged with monetary control are included in this sector.

The subsectors, industry groups, and industries within the NAICS Finance and Insurance sector are defined on the basis of their unique production processes. As with all industries, the production processes are distinguished by their use of specialized human resources and specialized physical capital. In addition, the way in which these establishments acquire and allocate financial capital, their source of funds, and the use of those funds provides a third basis for distinguishing characteristics of the production process. For instance, the production process in raising funds through deposit-taking is different from the process of raising funds in bond or money markets. The process of making loans to individuals also requires different production processes than does the creation of investment pools or the underwriting of securities.

Most of the Finance and Insurance subsectors contain one or more industry groups of (1) intermediaries with similar patterns of raising and using funds and (2) establishments engaged in activities that facilitate, or are otherwise related to, that type of financial or insurance intermediation. Industries within this sector are defined in terms of activities for which a production process can be specified, and many of these activities are not exclusive to a particular type of financial institution. To deal with the varied activities taking place within existing financial institutions, the approach is to split these institutions into components performing specialized services. This requires defining the units engaged in providing those services and developing procedures that allow for their delineation. These units are the equivalents for finance and insurance of the establishments defined for other industries.

The output of many financial services, as well as the inputs and the processes by which they are combined, cannot be observed at a single location and can only be defined at a higher level of the organizational structure of the enterprise. Additionally, a number of independent activities that represent separate and distinct production processes may take place at a single location belonging to a multilocation financial firm. Activities are more likely to be homogeneous with respect to production characteristics than are locations, at least in financial services. The classification defines activities broadly enough that it can be used both by those classifying by location and by those employing a more top-down approach to the delineation of the establishment.

Establishments engaged in activities that facilitate, or are otherwise related to, the various types of intermediation have been included in individual subsectors, rather than in a separate subsector dedicated to services alone because these services are performed by intermediaries, as well as by specialist establishments, the extent to which the activity of the intermediaries can be separately identified is not clear.

The Finance and Insurance sector has been defined to encompass establishments primarily engaged in financial transactions; that is, transactions involving the creation, liquidation, change in ownership of financial assets; or in facilitating financial transactions. Financial industries are extensive users of electronic means for facilitating the verification of financial balances, authorizing transactions, transferring funds to and from transactors' accounts, notifying banks (or credit card issuers) of the individual transactions, and providing daily summaries. Since these transaction processing activities are integral to the production of finance and insurance services, establishments that principally provide a financial transaction processing service are classified to this sector, rather than to the data processing industry in the Information sector.

Legal entities that hold portfolios of assets on behalf of others are significant and data on them are required for a variety of purposes. Thus for NAICS, these funds, trusts, and other financial vehicles are the fifth subsector of the Finance and Insurance sector. These entities earn interest, dividends, and other property income, but have little or no employment and no revenue from the sale of services. Separate establishments and employees devoted to the management of funds are classified in Industry Group 5239, Other Financial Investment Activities.

Engineering Services

NAICS #54133 | This industry comprises establishments primarily engaged in applying physical laws and principles of engineering in the design, development, and utilization of machines, materials, instruments, structures, processes, and systems. The assignments undertaken by these establishments may involve any of the following activities: provision of advice, preparation of feasibility studies, preparation of preliminary and final plans and designs, provision of technical services during the construction or installation phase, inspection and evaluation of engineering projects, and related services. Planning and designing computer systems that integrate computer hardware, software, and communication technologies--are classified in U.S. Industry 541512, Computer Systems Design Services; Performing surveying and mapping services of the surface of the earth, including the sea floor,--are classified in Industry 541370, Surveying and Mapping (except Geophysical) Services; Gathering, interpreting, and mapping geophysical data--are classified in Industry 541360, Geophysical Surveying and Mapping Services; Creating and developing designs and specifications that optimize the use, value, and appearance of products--are classified in Industry 541420, Industrial Design Services; Providing advice and assistance to others on environmental issues, such as the control of environmental contamination from pollutants, toxic substances, and hazardous materials-- are classified in Industry 541620, Environmental Consulting Services; and Both the design and construction of buildings, highways, and other structures or in managing construction projects--are classified in Sector 23, Construction, according to the type of project.

Corporate, Subsidiary, and Regional Managing Offices

NAICS #551114 | This U.S. industry comprises establishments (except government establishments) primarily engaged in administering, overseeing, and managing other establishments of the company or enterprise. These establishments normally undertake the strategic or organizational planning and decisionmaking role of the company or enterprise. Establishments in this industry may hold the securities of the company or enterprise. Government establishments primarily engaged in administering, overseeing, and managing governmental programs are classified in Sector 92, Public Administration; Legal entities known as bank holding companies that do not administer, oversee, and manage other establishments of the companies or enterprises whose securities they hold are classified in U.S. Industry 551111, Offices of Bank Holding Companies; and Legal entities known as holding companies(except bank holding) that do not administer, oversee, and manage other establishments of the companies or enterprises whose securities they hold are classified in U.S. Industry 551112, Offices of Other Holding Companies.