NAICS 332721 - Precision Turned Product Manufacturing
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What is NAICS 332721
NAICS code 332721 covers Precision Turned Product Manufacturing, an industry focused on machining precision components from various materials using advanced machinery. Businesses in this sector specialize in producing high-volume, precision-turned products utilizing equipment such as automatic screw machines, rotary transfer machines, and computer numerically controlled (CNC) lathes or turning centers. These manufacturers typically operate on a job or order basis, emphasizing accuracy, repeatability, and adherence to tight tolerances required by client specifications. The sector supports diverse industries including aerospace, defense, medical devices, electronics, and automotive, where precision and reliability are critical. Government agencies contract these services to obtain custom, high-quality precision parts essential for sophisticated equipment, vehicles, and systems that demand exacting standards and durability. Precision turned product manufacturing plays a vital role in supplying components that contribute to national security, infrastructure, and technological advancement.
Industry Classification for NAICS 332721
This U.S. industry comprises establishments known as precision turned manufacturers primarily engaged in machining precision products of all materials on a job or order basis. Generally precision turned product jobs are large volume using machines, such as automatic screw machines, rotary transfer machines, computer numerically controlled (CNC) lathes, or turning centers.
Breakdown for NAICS 332721
- Focuses on high-volume precision machining of turned products using CNC and automatic machines.
- Primarily serves industries requiring tight tolerances such as aerospace, defense, and medical.
- Includes job or order-based manufacturing with emphasis on quality and repeatability.
- Contracts often require compliance with strict standards and certifications.
- Small and medium-sized manufacturers commonly participate in government contracting.
- Typical projects involve producing custom precision components for critical systems.
Included Activities for NAICS 332721
- Machining precision parts using CNC lathes and turning centers.
- Operating automatic screw machines and rotary transfer machines for high-volume production.
- Custom manufacturing of precision-turned components to client specifications.
- Performing quality control and inspection to meet government standards.
- Supporting prototyping and small batch runs for specialized applications.
- Maintaining certifications such as ISO 9001 and AS9100 for aerospace compliance.
- Collaborating with engineering teams to optimize part designs for manufacturability.
- Packaging and delivering precision parts according to contract requirements.
Business Types for NAICS 332721
- Precision machining shops specializing in turned products.
- Small and medium-sized manufacturers with CNC capabilities.
- Contract manufacturers serving aerospace and defense sectors.
- Metal fabrication companies offering custom machining services.
- Certified suppliers for government and military contracts.
- Job shops providing specialized precision machining on demand.
Subcategories for NAICS 332721
- Precision turned product manufacturing
Government Buyers for NAICS 332721
Government agencies such as the Department of Defense (DoD), Department of Energy (DoE), National Aeronautics and Space Administration (NASA), and various federal and state transportation departments commonly procure precision turned products. These agencies require precision components for military hardware, aerospace systems, energy infrastructure, and transportation equipment, where exact specifications and quality assurance are paramount. Contracts often involve critical parts that must meet rigorous certification and performance standards to ensure functionality under demanding conditions. The need for reliable, precision-manufactured parts drives consistent government demand to support mission-critical applications and ongoing maintenance or upgrades of existing systems.
Contract Types & Procurement for NAICS 332721
Contracts for NAICS 332721 typically include firm-fixed-price and indefinite delivery/indefinite quantity (IDIQ) contracts, often awarded through competitive bidding or negotiated procurement methods. Smaller businesses may also obtain set-aside contracts under small business programs such as the SBA 8(a) or HUBZone initiatives. Contract values vary widely depending on the complexity and volume of the precision turned products, ranging from small orders under $100,000 to large multi-year contracts exceeding several million dollars. Government solicitations often emphasize quality control requirements, certifications (such as ISO or AS9100), and compliance with defense or aerospace standards. Long-term contracts or blanket purchase agreements may also be used to streamline recurring procurement needs.
Details for NAICS 332721
Explore the hierarchy and related codes for this industry
| NAICS Code | Industry Title |
|---|---|
| 332710 | Machine Shops |
| 332722 | Bolt, Nut, Screw, Rivet, and Washer Manufacturing |
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