423840 Industrial Supplies Merchant Wholesalers
6-digit U.S. detail
423840

Industrial Supplies Merchant Wholesalers

Description

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. Illustrative Examples: Industrial containers merchant wholesalers Industrial diamonds merchant wholesalers Printing inks merchant wholesalers Industrial sand merchant wholesalers Refractory materials (e.g., brick, blocks, shapes) merchant wholesalers Welding supplies (except welding gases) merchant wholesalers

Hierarchy

CodeTitleDescription
42
Wholesale Trade
2-digit sector
The Sector as a Whole The Wholesale Trade sector comprises establishments engaged in wholesaling merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. The merchandise described in this sector includes the outputs of agriculture, mining, manufacturing, and certain information industries, such as publishing. The wholesaling process is an intermediate step in the distribution of merchandise. Wholesalers are organized to sell or arrange the purchase or sale of (a) goods for resale (i.e., goods sold to other wholesalers or retailers), (b) capital or durable nonconsumer goods, and (c) raw and intermediate materials and supplies used in production. Wholesalers sell merchandise to other businesses and normally operate from a warehouse or office. These warehouses and offices are characterized by having little or no display of merchandise. In addition, neither the design nor the location of the premises is intended to solicit walk-in traffic. Wholesalers do not normally use advertising directed to the general public. Customers are generally reached initially via telephone, in-person marketing, or by specialized advertising that may include Internet and other electronic means. Follow-up orders are either vendor-initiated or client-initiated, generally based on previous sales, and typically exhibit strong ties between sellers and buyers. In fact, transactions are often conducted between wholesalers and clients that have long-standing business relationships. This sector comprises two main types of wholesalers: merchant wholesalers that sell goods on their own account and agents and brokers that arrange sales and purchases for others generally for a commission or fee. (1) Establishments that sell goods on their own account are known as wholesale merchants, distributors, jobbers, drop shippers, and import/export merchants. Also included as wholesale merchants are sales offices and sales branches (but not retail stores) maintained by manufacturing, refining, or mining enterprises apart from their plants or mines for the purpose of marketing their products, and group purchasing organizations primarily purchasing and selling goods on their own account. Merchant wholesale establishments typically maintain their own warehouse, where they receive and handle goods for their customers. Goods are generally sold without transformation, but may include integral functions, such as sorting, packaging, labeling, and other marketing services. (2) Establishments arranging for the purchase or sale of goods owned by others or purchasing goods, generally on a commission basis are known as business-to-business electronic markets, agents and brokers, commission merchants, import/export agents and brokers, auction companies, group purchasing organizations (acting as agents), and manufacturers' representatives. These establishments operate from offices and generally do not own or handle the goods they sell. Some wholesale establishments may be connected with a single manufacturer and promote and sell the particular manufacturer's products to a wide range of other wholesalers or retailers. Other wholesalers may be connected to a retail chain, or limited number of retail chains, and only provide a variety of products needed by that particular retail operation(s). These wholesalers may obtain the products from a wide range of manufacturers. Still other wholesalers may not take title to the goods, but act as agents and brokers for a commission. Although, in general, wholesaling normally denotes sales in large volumes, durable nonconsumer goods may be sold in single units. Sales of capital or durable nonconsumer goods used in the production of goods and services, such as farm machinery, medium- and heavy-duty trucks, and industrial machinery, are always included in wholesale trade.
423
Merchant Wholesalers, Durable Goods
3-digit subsector
Industries in the Merchant Wholesalers, Durable Goods subsector sell capital or durable goods to other businesses. Merchant wholesalers generally take title to the goods that they sell; in other words, they buy and sell goods on their own account. Durable goods are new or used items generally with a normal life expectancy of three years or more. Durable goods merchant wholesale trade establishments are engaged in wholesaling products, such as motor vehicles, furniture, construction materials, machinery and equipment (including household-type appliances), metals and minerals (except petroleum), sporting goods, toys and hobby goods, recyclable materials, and parts. Agents and brokers primarily engaged in wholesaling durable goods, generally on a commission or fee basis, are classified in Subsector 425, Wholesale Trade Agents and Brokers.
4238
Machinery, Equipment, and Supplies Merchant Wholesalers
4-digit industry group
This industry group comprises establishments primarily engaged in the merchant wholesale distribution of construction, mining, farm, garden, industrial, service establishment, and transportation machinery, equipment, and supplies.
42384
Industrial Supplies Merchant Wholesalers
5-digit NAICS industry
See industry description for 423840.
423840
Industrial Supplies Merchant Wholesalers
6-digit U.S. detail
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. Illustrative Examples: Industrial containers merchant wholesalers Industrial diamonds merchant wholesalers Printing inks merchant wholesalers Industrial sand merchant wholesalers Refractory materials (e.g., brick, blocks, shapes) merchant wholesalers Welding supplies (except welding gases) merchant wholesalers

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Classification References

  1. 01Merchant 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
  2. 02Merchant wholesale distribution of welding gases and other industrial gases--are classified in Industry 424690, Other Chemical and Allied Products Merchant Wholesalers.

Index Items

Abrasives merchant wholesalers

Barrels, new and reconditioned, merchant wholesalers

Bearings merchant wholesalers

Belting, industrial, merchant wholesalers

Bottles (except waste) merchant wholesalers

Box shooks merchant wholesalers

Boxes and crates, industrial (except disposable plastics, paperboard, waste), merchant wholesalers

Brushes, industrial, merchant wholesalers

Canning supplies merchant wholesalers

Cartons (except paper and paperboard) merchant wholesalers

Closures, industrial, merchant wholesalers

Containers, industrial, merchant wholesalers

Cooperage stock merchant wholesalers

Cordage merchant wholesalers

Cork merchant wholesalers

Crowns and closures, metal, merchant wholesalers

Diamonds, industrial, merchant wholesalers

Drives and gears merchant wholesalers

Drums, new and reconditioned, merchant wholesalers

Excelsior (e.g., pads, wrappers) merchant wholesalers

Fire hydrants merchant wholesalers

Fittings, industrial, merchant wholesalers

Gaskets merchant wholesalers

Gears merchant wholesalers

General-line industrial supplies merchant wholesalers

Grommets merchant wholesalers

Hose, industrial, merchant wholesalers

Industrial containers merchant wholesalers

Industrial diamonds merchant wholesalers

Industrial leather products merchant wholesalers

Industrial pottery products merchant wholesalers

Industrial supplies (except disposable plastics, paper) merchant wholesalers

Inks, printing, merchant wholesalers

Lapidary equipment, industrial, merchant wholesalers

Mechanical power transmission supplies (e.g., gears, pulleys, sprockets) merchant wholesalers

Mechanical rubber goods merchant wholesalers

Mill supplies merchant wholesalers

Packaging materials merchant wholesalers

Packing materials merchant wholesalers

Pipe fittings and valves (except plumbing) merchant wholesalers

Pistons and valves, industrial, merchant wholesalers

Plastics foam packing and packaging materials merchant wholesalers

Power transmission supplies (e.g., gears, pulleys, sprockets), mechanical, merchant wholesalers

Printing inks merchant wholesalers

Reconditioned barrels and drums merchant wholesalers

Refractory materials (e.g., block, brick, mortar, tile) merchant wholesalers

Ropes (except wire rope) merchant wholesalers

Rubber goods, mechanical (i.e., extruded, lathe-cut, molded), merchant wholesalers

Sand, industrial, merchant wholesalers

Seals merchant wholesalers

Shipping containers (except disposable plastics, paper) merchant wholesalers

Shipping pails, metal, merchant wholesalers

Speed changers merchant wholesalers

Sprockets merchant wholesalers

Thread, industrial, merchant wholesalers

Towels, industrial, merchant wholesalers

Twine merchant wholesalers

Valves (except hydraulic, plumbing, pneumatic) merchant wholesalers

Welding supplies (except welding gases) merchant wholesalers

Wiping cloths merchant wholesalers

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External Resources

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