What is a NAICS Code?

If you're a manufacturer aiming to grow, win contracts, or gain clearer insights into your business data, one small but extremely powerful identifier can make a big difference: your NAICS codes.

NAICS, or the North American Industry Classification System, is a six-digit code that identifes your business based on its primary economic activity. It's the standard used by federal and state agencies to gather and analyze data about the U.S. economy. Simply put, your NAICS code tells others exactly what type of work your business does.

For example:

• 31181 - Retail Bakeries
• 332710 - Machine Shops
• 336411 - Aircraft Manufacturing

Why NAICS Codes Matter for Manufacturers

• Access to Contracts & Funding:
  
  • Federal and state grants, loans, and procurement oppourtunities often require a valid NAICS code. Having the correct one can connect you to valuable manufacturing-specific resources.
• Market Insight & Positioning:
  
  • NAICS codes group companies by industry, allowing you to benchmark performance, analyze markets, and identify collaborators or competitors.
• Certifications & Compliance:
  
  • If you're applying for designations such as HUBZone, Woman-Owned, or Minority-Owned Business, your NAICS code is a key component.
• Data Representation:
  
  • Accurate coding ensures your business is properly reflected in economic data and industry reports that shape the future of manufacutring in Nevada.

Do You Need a NAICS Code?

Yes, having the correct NAICS code is important, especially if:

• You're pursuing government contracts or working with agencies that require industry classification.
• You're applying for grants, loans, or participating in economic development initiatives.
• You want to be listed in directories or databases like SAM.gov.

Even if you're not currently seeking these opportunities, the right NAICS code ensures organizations like Manufacture Nevada can better understand and support your business.

How to Find or Get Your NAICS Code

1. Use the NAICS Search Tool: Visit HERE and enter keywords that describe your main line of business. You'll see a list of possible codes.
2. Determine Your Primary Business Activity: If you do multiple things (say, metal fabrication and product assembly), choose the one that accounts for the largest portion of your revenue.
3. Match Your Operations: Read the descriptions carefully to select the best-fit code. You can also contact Manufacture Nevada for support in interpreting them.
4. Include it in Your Registrations: Once you have your code, update it in your business records, especially if you're registered in systems like SAM.gov or applying for grants.

Need Further Assistance?

Manufacture Nevada works with Nevada manufacturers every day to navigate systems like NAICS, SAM.gov, and more. If you're unsure about your code, or want to make sure you're not missing opportunities, reach out to our Business Advising team today for direct personalized support.

Content from this blog was sourced from Polaris MEP.