KSIC 34—Maintenance and repair services of industrial machinery and equipment

Where 34 sits

1. C Manufacturing
2. 34 Maintenance and repair services of industrial machinery and equipment

Contains 1 narrower code

• 340 Maintenance and repair services of industrial machinery and equipment

Description

It refers to industrial activities in which a business entity that does not manufacture or sell products professionally repairs and maintains industrial machinery, equipment, and supplies by contract or commission. Industrial machinery and equipment repair business mostly targets machinery, equipment, and supplies used as capital goods (goods that form fixed capital), and maintenance and repair activities for goods used as both consumer goods and capital goods, or mostly consumer goods, as well as automobiles and related parts, are classified as repair business (95).

Cross-references for 34

• If a business entity that directly manufactures specific industrial machinery, equipment, and supplies also performs repair and maintenance of such machinery, equipment, and supplies, it is classified as the manufacture of such machinery and equipment.
• If a business entity that sells specific industrial machinery, equipment, and supplies also performs repair and maintenance of such products, it is classified as the wholesale and retail trade of such machinery and Equipment.
• If used industrial machinery, equipment, and supplies purchased under one's own account are repaired and resold, it is classified as the wholesale and retail trade of such used goods, and remanufacturing and improvement activities of various machinery, equipment, and supplies are classified as manufacturing activities of such machinery and equipment.
• Repairs of aircraft and railway vehicles performed in factories, and ship repairs performed in shipyards, are classified as industrial activities manufacturing the relevant equipment.
• Maintenance and repair activities routinely performed at railway stations, ports, and airports in relation to the operation of railway vehicles, ships, and aircraft are classified as transportation support services, respectively.

34 in other systems