Powered by LevrNAICS 331512: Steel investment foundries
NAICS 331512 is the industry code for steel investment foundries. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 331512 covers
This code covers foundries that make steel castings using the investment or lost wax process, producing precise parts for aerospace, medical, firearms and industrial uses.
Included in this code
- Investment cast steel parts
- Lost wax stainless castings
- Precision castings for aerospace and medical
- Firearm component castings
Not this code
- Other steel foundries: see 331513 Steel foundries (except investment)
- Nonferrous investment castings: see 331529 Other nonferrous metal foundries (except die-casting)
- Jewelry casting: see 339910 Jewelry and silverware manufacturing
Businesses that use 331512
Financing for this trade
Investment foundries finance wax injection, shell rooms and furnaces with equipment loans and run lines of credit on receivables from aerospace and industrial customers. Lenders look at certifications, quality systems and customer concentration.
Apply for funding with AIIs 331512 the right code for a steel investment foundry?
Yes, if you cast steel parts using the investment or lost wax process. Sand cast steel goes in 331513, and investment castings of aluminum, titanium or other nonferrous metals go in 331529. Jewelry casting of precious metals belongs in 339910 instead of this code.
What is the SBA size standard for 331512?
Under 13 CFR 121.201, a business classified under NAICS 331512 is small if it averages no more than 1,050 employees, counting affiliates, over the prior 24 months. SBA uses that number for loan eligibility and federal agencies use it for small business set asides. A firm above it can still qualify for SBA 7(a) and 504 loans under the alternative standard of $15 million tangible net worth and $5 million average net income.
How do precision casting shops finance growth?
Growth usually comes from equipment loans for wax presses, robotic shell lines and vacuum furnaces, with an asset based line covering receivables from aerospace and defense customers who may pay slowly. Lenders value AS9100 or similar certifications and long term purchase agreements.
What does NAICS 331512 cover?
Steel investment foundries. Industry level code in NAICS 2022, under 31-33 Manufacturing, 331 Primary metal manufacturing, 3315 Foundries, 33151 Ferrous metal foundries.
What financing do NAICS 331512 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for manufacturing businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 331512?
On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.