Powered by LevrNAICS 331523: Nonferrous metal die-casting foundries
NAICS 331523 is the industry code for nonferrous metal die-casting foundries. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 331523 covers
This code covers foundries that make nonferrous metal die castings, mostly aluminum, zinc and magnesium, by forcing molten metal into steel dies under pressure.
Included in this code
- Aluminum die castings
- Zinc die castings
- Magnesium die castings
- Die cast automotive and electronics components
Not this code
- Aluminum sand and permanent mold castings: see 331524 Aluminum foundries (except die-casting)
- Industrial molds and dies: see 333511 Industrial mold manufacturing
- Iron foundries: see 331511 Iron foundries
Businesses that use 331523
Financing for this trade
Die casters finance die casting cells, trim presses and CNC machining with equipment loans and use asset based lines for metal and receivables. Lenders look at automotive concentration and who owns the dies.
Apply for funding with AIIs 331523 the right code for a die casting company?
Yes, if you make castings by injecting molten nonferrous metal into dies under pressure. Sand cast and permanent mold aluminum castings belong in 331524. Shops that build the dies themselves for others belong in 333511 rather than 331523. Die casters with in house machining still use 331523.
What is the SBA size standard for 331523?
Under 13 CFR 121.201, a business classified under NAICS 331523 is small if it averages no more than 700 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 die casters finance new cells?
New die casting cells, with machine, robots and trim press, are typically financed with equipment loans, often supported by a new program award from an OEM. An asset based line covers aluminum and zinc inventory and receivables. Lenders check die ownership and program length.
What does NAICS 331523 cover?
Nonferrous metal die-casting foundries. Industry level code in NAICS 2022, under 31-33 Manufacturing, 331 Primary metal manufacturing, 3315 Foundries, 33152 Nonferrous metal foundries.
What financing do NAICS 331523 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 331523?
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.