NAICS 332612: Spring (Light Gauge) Manufacturing
NAICS 332612 - Spring (Light Gauge) Manufacturing covers the production of light gauge springs, which are critical mechanical components used to store energy, maintain force between surfaces, and absorb shock. This industry involves the fabrication of various spring types, including compression, extension, and torsion springs, typically utilized in precision instruments, automotive components, and aerospace hardware.
Industry Spending Overview
Federal obligations, top contractors and agencies, and related industry codes for NAICS 332612.
AI Industry Description
NAICS 332612 - Spring (Light Gauge) Manufacturing covers the production of light gauge springs, which are critical mechanical components used to store energy, maintain force between surfaces, and absorb shock. This industry involves the fabrication of various spring types, including compression, ext...
NAICS 332612 - Spring (Light Gauge) Manufacturing covers the production of light gauge springs, which are critical mechanical components used to store energy, maintain force between surfaces, and absorb shock. This industry involves the fabrication of various spring types, including compression, extension, and torsion springs, typically utilized in precision instruments, automotive components, and aerospace hardware. Within the government contracting landscape, these components are essential for the assembly and maintenance of complex machinery and weapon systems. Pioneer Industries, LLC is a primary contractor operating within this sector, representing the specialized manufacturing capabilities required to meet federal specifications for light gauge spring production. The Department of Defense is the primary agency driving demand in this sector, indicating that procurement is largely centered around military applications and defense readiness programs.
Competition
How many companies historically bid on federal awards in NAICS 332612, from bidder counts reported on USAspending.
Median under 3 bidders per reported award. · 865 reported awards
Median Bidders
2
Per reported award, all-time
Single-Bid Awards
46%
Share of reported awards with one bidder
10+ Bidder Awards
4%
Share of reported awards with 10+ bidders
Reported Awards
94% of 923 total awards
How this code compares up the NAICS hierarchy. Parent cohorts pool every code under their prefix, so they are the steadier baseline when a 6-digit sample is thin.
| Industry Family | Competition | Median Bidders | Single-Bid | Bidder Mix | Reported Awards |
|---|---|---|---|---|---|
332612This Code Spring (Light Gauge) Manufacturing | Fewer Bidders | 2 | 46% | 86594% of 923 | |
33261NAICS Industry | Moderate Competition | 3 | 30% | 96,10087% of 110,846 | |
3326Industry Group Spring and Wire Product Manufacturing | Moderate Competition | 3 | 30% | 96,10087% of 110,846 | |
332Subsector | Moderate Competition | 3 | 25% | 4,386,65965% of 6,724,986 | |
33Sector Manufacturing | Fewer Bidders | 2 | 44% | 16,883,00469% of 24,369,785 |
Bidder counts reported on past federal awards in this NAICS (USAspending). An open opportunity has no bidders yet, so this is the historical norm for similar work, not a fact about this solicitation. Not all awards report bidder counts, and fewer bidders often means incumbent-held work rather than an easier win. Federal reporting of bidder counts fell from ~96% of awards (FY2016) to ~30% (FY2018 onward); the chart shows shares of reported awards, and washed-out stretches mark years with fewer than 30 of them.
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