NAICS Code 313240 — Knit Fabric Mills

National Industry in the official 2022 North American Industry Classification System (U.S. Census Bureau). It is the only national industry under 31324 (Knit Fabric Mills).

Code	313240
Title	Knit Fabric Mills
Level	National Industry (6-digit)
Edition	NAICS 2022 edition
SBA size standard	500 employees

Official definition (2022 NAICS)

This industry comprises establishments primarily engaged in one of the following: (1) knitting weft (i.e., circular) and warp (i.e., flat) fabric; (2) knitting and finishing weft and warp fabric; (3) manufacturing lace; or (4) manufacturing, dyeing, and finishing lace and lace goods. Establishments in this industry may knit only; knit and finish; or knit, finish, and further fabricate fabric products (except apparel).

Cross-References.

Is a business under 313240 "small"?

Under the SBA size standards (13 CFR 121.201, effective March 17, 2023), a business classified in NAICS 313240 qualifies as a small business if it does not exceed 500 employees. Small-business status determines eligibility for federal set-aside contracts, SAM.gov certifications and SBA loan programs — employee count is averaged over the latest 24 months.

Where 313240 sits in the hierarchy

Level	Code	Title
Sector	31-33	Manufacturing
Subsector	313	Textile Mills
Industry Group	3132	Fabric Mills
NAICS Industry	31324	Knit Fabric Mills
National Industry	313240	Knit Fabric Mills

No direct SIC mapping is shown for this code: it was introduced or redefined after the official 1987 SIC ↔ 2002 NAICS concordance. Use the crosswalk tool to explore related legacy codes.

Data: official 2022 NAICS structure, descriptions and Census concordances, U.S. Census Bureau — U.S. government works in the public domain (17 U.S.C. §105). Suggested reference, not an official determination.