Wholesale of machine tools
NACE v2.1 Code: G46.62
About wholesale of machine tools
NACE code 46.62 covers the wholesale of machine tools, a critical industry that supports the manufacturing and production sectors across the economy. Machine tools are essential for shaping, cutting, and forming various materials into finished products. This industry plays a vital role in supplying the machinery and equipment needed to drive industrial output and economic growth.
Production process
The wholesale of machine tools involves the distribution and sale of a wide range of specialized machinery used in manufacturing processes. This includes lathes, milling machines, drilling machines, grinding machines, and other computer numerical control (CNC) tools. Wholesalers typically source these machine tools from original equipment manufacturers (OEMs) and then sell them to industrial customers, such as factories, workshops, and construction firms.
Production inputs
The key inputs for the wholesale of machine tools industry include the machine tools themselves, which are produced by specialized manufacturing companies. Wholesalers also require warehousing and logistics capabilities to store and transport the machinery, as well as a sales force to engage with customers and facilitate transactions. Additionally, this industry relies on a strong understanding of the latest technological advancements and industry trends to provide customers with the most suitable and up-to-date machine tools.
Production outputs
The primary output of the wholesale of machine tools industry is the distribution and sale of machine tools to various manufacturing and production sectors. These machine tools are then used in the production of a wide range of 25.62 Machining, 28.41 Manufacture of metal forming machinery, 28.49 Manufacture of other machine tools, and other industrial goods. The wholesale of machine tools industry is closely linked to the overall health and performance of the manufacturing sector, as the demand for machine tools is directly tied to the level of industrial activity and investment.
Revisions to 46.62
Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 46.62. The most recent 1 version of this code (46.62) is in the NACE v2.1 system (this version):
This page shows the most recent version of code 46.62.
Older versions
- NACE v2.0:
Family tree for wholesale of machine tools
graph LR
A["<a href='/classifications/nace/v2-1/G'>G: WHOLESALE AND RETAIL TRADE</a>"]
A --> B["<a href='/classifications/nace/v2-1/G/46'>46: Wholesale trade</a>"]
B --> C["<a href='/classifications/nace/v2-1/G/46/6'>46.6: Wholesale of other machinery, equipment and supplies</a>"]
C --> D["<a href='/classifications/nace/v2-1/G/46/62'>46.62: Wholesale of machine tools</a>"]
C --> E["<a href='/classifications/nace/v2-1/G/46/61'>46.61: Wholesale of agricultural machinery, equipment and supplies</a>"]
C --> F["<a href='/classifications/nace/v2-1/G/46/63'>46.63: Wholesale of mining, construction and civil engineering machinery</a>"]
C --> G["<a href='/classifications/nace/v2-1/G/46/64'>46.64: Wholesale of other machinery and equipment</a>"]
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