NAICS Code 532412 — Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing

National Industry in the official 2022 North American Industry Classification System (U.S. Census Bureau). It is one of 2 national industries under 53241 (Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing).

Code	532412
Title	Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing
Level	National Industry (6-digit)
Edition	NAICS 2022 edition
SBA size standard	$40 million in average annual receipts

Official definition (2022 NAICS)

This U.S. industry comprises establishments primarily engaged in renting or leasing heavy equipment without operators that may be used for construction, mining, or forestry, such as bulldozers, earthmoving equipment, well drilling machinery and equipment, or cranes.

Is a business under 532412 "small"?

Under the SBA size standards (13 CFR 121.201, effective March 17, 2023), a business classified in NAICS 532412 qualifies as a small business if it does not exceed $40 million in average annual receipts. Small-business status determines eligibility for federal set-aside contracts, SAM.gov certifications and SBA loan programs — receipts are averaged over the latest 5 fiscal years.

Where 532412 sits in the hierarchy

Level	Code	Title
Sector	53	Real Estate and Rental and Leasing
Subsector	532	Rental and Leasing Services
Industry Group	5324	Commercial and Industrial Machinery and Equipment Rental and Leasing
NAICS Industry	53241	Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing
National Industry	532412	Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing

Related SIC codes

Via the official U.S. Census concordance (1987 SIC ↔ NAICS), shown only where the industry definition is unchanged in NAICS 2022.

SIC code	Title
7353	Heavy Construction Equipment Rental and Leasing
7359	Equipment Rental and Leasing, Not Elsewhere Classified

Related National Industry codes

• 532411 — Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing

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.