Powered by LevrNAICS 332112: Nonferrous forging
NAICS 332112 is the industry code for nonferrous forging. Use it on loan applications, tax forms and registrations. Explore financing for manufacturing and start your application when you are ready.
What 332112 covers
This code covers businesses that forge aluminum, titanium, copper, nickel alloys and other nonferrous metals from purchased metal.
Included in this code
- Aluminum forgings
- Titanium forgings
- Nickel alloy forgings
- Brass and copper forgings
Not this code
- Iron and steel forgings: see 332111 Iron and steel forging
- Nonferrous foundries: see 331529 Other nonferrous metal foundries (except die-casting)
- Aluminum extrusion: see 331318 Other aluminum rolling, drawing, and extruding
Businesses that use 332112
Financing for this trade
Nonferrous forges finance presses and heat treatment with equipment loans and use asset based lines on high value metal inventory. Lenders look at aerospace contracts and certifications.
Apply for funding with AIIs 332112 the right code for a nonferrous forging company?
Yes, if you forge aluminum, titanium, nickel alloy, copper or other nonferrous parts. Steel and iron forgings use 332111. Companies that cast nonferrous metal in molds use 331529, and extruders of aluminum shapes use 331318 rather than this forging code. Pick the code that matches the work bringing in most of your revenue, since lenders compare it to your tax return.
What is the SBA size standard for 332112?
Under 13 CFR 121.201, a business classified under NAICS 332112 is small if it averages no more than 950 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 aerospace forging suppliers fund growth?
These suppliers typically combine equipment loans for presses and heat treat furnaces with an asset based line on titanium or nickel alloy inventory and receivables. Long term agreements with aerospace primes support term lending. Lenders review certifications, backlog and the cost of carrying expensive alloy stock.
What does NAICS 332112 cover?
Nonferrous forging. Industry level code in NAICS 2022, under 31-33 Manufacturing, 332 Fabricated metal product manufacturing, 3321 Forging and stamping, 33211 Forging and stamping.
What financing do NAICS 332112 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 332112?
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.