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Sector: 31-33 Manufacturing

NAICS Code 332721 - Precision Turned Product Manufacturing

Industry Description

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.

Cross-References.

Business Examples

Common types of business activities within NAICS 332721 - Precision Turned Product Manufacturing are:

  • Precision turned product manufacturing

IBISWorld Industry Research Report

Screw, Nut & Bolt Manufacturing in the US (33272)

Revenue 2025

$39.6bn

Growth 2025

1.35%

Key Trends

  • Deteriorating demand from certain downstream markets has hampered the industry

  • Key inputs and demand for industry products were negatively affected by COVID-19

  • Demand from aircraft manufacturers is expected to grow, spurring demand for precision fasteners

Products and Services

Similar Industries

For some business types, there may be a similar industry to 332721 - Precision Turned Product Manufacturing that is a better classification match. Establishments primarily engaged in:

NAICS Hierarchy 332721 - Precision Turned Product Manufacturing

NAICS Code 332721 - Precision Turned Product Manufacturing sits in the 2-digit Precision Turned Product Manufacturing sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes

2 Digits: 31-33

Sector Title: Manufacturing

3 Digits 4 Digits 5 Digits 6 Digits

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