NAICS 423740: Refrigeration Equipment and Supplies Merchant Wholesalers
This industry comprises establishments primarily engaged in the merchant wholesale distribution of refrigeration equipment (except household-type refrigerators, freezers, and air-conditioners). Illustrative Examples: Cold storage machinery merchant wholesalers Refrigerated display cases merchant wholesalers Commercial refrigerators merchant wholesalers Water coolers merchant wholesalers Cross-References. Establishments primarily engaged in--Show more
NAICS 423740 – Refrigeration Equipment and Supplies Merchant Wholesalers encompasses the wholesale distribution of commercial and industrial refrigeration systems, components, and associated supplies, including compressors, condensers, evaporators, refrigerants, temperature control devices, and insulation materials. This sector supports critical infrastructure requiring precise thermal management, such as food processing facilities, healthcare storage units, laboratories, and military logistics hubs.
Industry Spending Overview
Federal obligations, top contractors and agencies, and related industry codes for NAICS 423740.
AI Industry Description
NAICS 423740 – Refrigeration Equipment and Supplies Merchant Wholesalers encompasses the wholesale distribution of commercial and industrial refrigeration systems, components, and associated supplies, including compressors, condensers, evaporators, refrigerants, temperature control devices, and insu...
NAICS 423740 – Refrigeration Equipment and Supplies Merchant Wholesalers encompasses the wholesale distribution of commercial and industrial refrigeration systems, components, and associated supplies, including compressors, condensers, evaporators, refrigerants, temperature control devices, and insulation materials. This sector supports critical infrastructure requiring precise thermal management, such as food processing facilities, healthcare storage units, laboratories, and military logistics hubs. In government contracting, this NAICS code serves as a vital supply chain link, enabling federal installations to maintain cold chain integrity for medical vaccines, perishable rations, and scientific samples. Merchant wholesalers in this space typically act as intermediaries between manufacturers and end-users, providing technical support, inventory management, and just-in-time delivery services tailored to federal procurement timelines and compliance standards. No contractor data is available to identify top performers in this NAICS code within the government contracting space. The competitive landscape likely includes a mix of large national distributors, regional specialty wholesalers, and small businesses certified under programs such as HUBZone or 8(a), though no dominant primes have been identified in federal award records. No agency data is available to pinpoint primary buyers. However, demand is expected to originate from agencies managing cold chain operations, including the Department of Defense for field rations and medical logistics, the Department of Health and Human Services for vaccine storage, and the U.S. Postal Service for pharmaceutical distribution networks. The market presents moderate opportunity density with consistent, mission-critical demand but limited high-dollar contract visibility. Contractors with expertise in federal procurement compliance, inventory traceability, and rapid-response logistics stand to gain advantage. Growth is tied to infrastructure modernization, climate resilience initiatives, and expanded cold chain capabilities in remote or expeditionary environments.
Top Contractors
Companies with the highest total award value under NAICS 423740, ranked by dollars won.
| Company | Total Awards | Contracts |
|---|---|---|
| KIJERO, LLC | $197K | 1 |
| ARGO TURBOSERVE CORPORATION | $183K | 1 |
| COLD BOX EXPRESS, INC. | $155K | 2 |
| UNIVERSAL SERVICE SUPPLY, INC. | $94K | 1 |
| CHESAPEAKE MARINE REFRIGERATION CORP | $90K | 2 |
| MISCELLANEOUS FOREIGN AWARDEES | $88K | 12 |
| DIETARY EQUIPMENT INCORPORATED | $83K | 1 |
| MULTISTACK LLC | $66K | 2 |
| ICE-MAKER SALES & SERVICE, INC | $52K | 1 |
| INFINITY SUPPLY LLC | $44K | 1 |
Top Agencies
Federal agencies directing the most contract spending toward NAICS 423740.
Competition
How many companies historically bid on federal awards in NAICS 423740, from bidder counts reported on USAspending.
Median under 3 bidders per reported award. · 6,822 reported awards
Median Bidders
2
Per reported award, all-time
Single-Bid Awards
41%
Share of reported awards with one bidder
10+ Bidder Awards
2%
Share of reported awards with 10+ bidders
Reported Awards
96% of 7,112 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 |
|---|---|---|---|---|---|
423740This Code Refrigeration Equipment and Supplies Merchant Wholesalers | Fewer Bidders | 2 | 41% | 6,82296% of 7,112 | |
42374NAICS Industry | Fewer Bidders | 2 | 41% | 6,82296% of 7,112 | |
4237Industry Group Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers | Crowded Field | 22 | 7% | 402,72259% of 677,653 | |
423Subsector | Fewer Bidders | 2 | 24% | 4,637,13638% of 12,293,914 | |
42Sector Wholesale Trade | Moderate Competition | 3 | 18% | 7,843,00441% of 19,068,846 |
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.
Related NAICS Codes
Industries similar to Refrigeration Equipment and Supplies Merchant Wholesalers, by shared sector, subsector, and industry group.
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