Skip to main content
Skip to content

NAICS 236210 Quarterly Industry Report

Industrial Building Construction

Comprehensive industry research for valuation professionals, business owners, buyers, and lenders

NAICS Code: 236210Sector: Construction (23)Updated: Q1 2026

About This Report

This industry profile for Industrial Building Construction (NAICS 236210) draws on data from the U.S. Census Bureau[6], Bureau of Labor Statistics[9], OSHA[8], and SBA size standards database[7]. Published by Fair Market Value and updated quarterly, it provides valuation professionals, industrial construction analysts, and facility development investors with current market data. All quantitative claims are sourced to publicly verifiable databases.

Industry Snapshot

Key metrics for the industrial building construction industry.

Establishments
6,962
2024 annual average[1]
5-Year Growth
-1.2%
Establishment count, 2017–2022[2]
Avg. SBA Loan
$384K
7(a) program, FY 2025[4]
Industry Revenue
$36M
2022 Economic Census[2]
Share of Construction
0.4%
By establishment count, 2022 Census[2]
NAICS Sector
23
Construction

Industry Definition & Overview

Industrial Building Construction (NAICS 236210) encompasses establishments primarily responsible for the construction of industrial buildings including new work, additions, alterations, maintenance, and repairs per the U.S. Census Bureau[5]. Covered structures include manufacturing plants, chemical processing facilities, steel mills, pharmaceutical production buildings, food processing plants, distribution centers, and other industrial-use buildings. This classification includes industrial building general contractors, for-sale builders, design-build firms, and construction management firms. Roughly 3,007 firms employ 77,248 workers per Census Bureau[6] economic survey data. Turner Construction Company ranks as the largest U.S. commercial and industrial contractor by revenue. Bechtel Corporation, the largest privately-held construction firm, maintains substantial industrial building capabilities. Kiewit, Fluor, Skanska USA, DPR Construction, and Whiting-Turner represent additional major general contractors active in industrial construction. Data center, semiconductor fabrication, and electric vehicle battery plant construction have driven recent growth in industrial building demand. Per the SBA Table of Size Standards[7], the size standard is $45 million in average annual receipts. International Building Code governs industrial building construction with occupancy-specific requirements for factory, hazardous, and storage classifications. OSHA[8] construction safety standards under 29 CFR 1926 apply to all industrial building job sites, with additional HAZWOPER certification required for workers at sites involving hazardous materials. EPA air quality permits, wastewater discharge permits, and environmental impact assessments apply to manufacturing facility construction. State contractor licensing and surety bonding requirements govern general contractors, with industrial projects typically requiring higher bond limits than residential work. NFPA fire codes impose specific suppression, detection, and egress requirements based on the industrial processes and materials housed within the completed building.

What's Included in This Industry

  • Manufacturing plant and factory construction
  • Warehouse and distribution center construction
  • Data center and server farm facility construction
  • Food and beverage processing plant construction
  • Pharmaceutical and clean room facility construction
  • Chemical and petrochemical plant building construction
  • Cold storage and refrigerated warehouse construction
  • Industrial building design-build services
  • Industrial facility additions and expansion projects
  • Construction management for industrial clients

NAICS Classification Hierarchy

NAICS classification hierarchy for 236210
LevelDescriptionCode
SectorConstruction23
SubsectorConstruction of Buildings236
Industry GroupNonresidential Building Construction2362
NAICS IndustryIndustrial Building Construction23621
National IndustryIndustrial Building Construction236210

Related NAICS Codes

Related NAICS codes and their relationships
CodeDescriptionRelationship
236220Commercial and Institutional Building ConstructionCommercial and Institutional Building Construction shares general contracting methods, project delivery systems, and many of the same subcontractor trades with industrial building construction, with some firms operating across both commercial and industrial markets depending on project type and client relationships
237310Highway, Street, and Bridge ConstructionHighway, Street, and Bridge Construction performs site access road work and parking area construction that industrial building projects require, with heavy civil contractors coordinating pavement, grading, and drainage work alongside the vertical building construction managed by the general contractor

Geographic Concentration

Top states by share of national establishments.

Top 10 states by establishment share for Industrial Building Construction
#State% Est.Total Est.
1Texas
10.2%
324
2California
9.8%
311
3Florida
8.2%
259
4Illinois
5.0%
160
5Pennsylvania
4.8%
153
6Michigan
4.8%
151
7Indiana
3.5%
111
8Georgia
3.5%
110
9Ohio
3.3%
106
10New York
3.3%
105
Source: County Business Patterns, U.S. Census Bureau[3]

SBA Lending Summary

872
Total SBA Loans
$335.3M
Total Loan Volume
$384K
Average Loan Size
10 yrs
Average Loan Term
10.45%
Average Interest Rate
7,112
Jobs Supported
Source: SBA 7(a) Program Data, U.S. Small Business Administration — FY 2025[4]
Key Insight: Per the SBA Table of Size Standards[7], Industrial Building Construction (NAICS 236210) has a size standard of $45 million in average annual receipts for federal contracting purposes. SBA lending programs[10] support equipment acquisition, bonding capacity, and business expansion for qualifying industrial construction firms. Eligible businesses can access SBA 7(a) loans[11] for working capital, equipment, and acquisition financing, while 504 loans[12] support major fixed-asset purchases including real estate and heavy machinery.

Top SBA Lenders

Top SBA lenders by volume for this industry
#LenderLoansVolumeAvg Loan
1Northeast Bank344$85.7M$249K
2OakStar Bank8$36.0M$4.5M
3First Bank & Trust8$22.4M$2.8M
4Bay State Savings Bank16$20.0M$1.3M
5First Commonwealth Bank16$19.1M$1.2M
View Full SBA Lending Details for NAICS 236210Includes top lenders, geographic distribution, annual trends, and loan-level analysis

Frequently Asked Questions

Common questions about this industry.

What is the NAICS code for factory and warehouse construction?
NAICS 236210 covers industrial building construction including factories, warehouses, distribution centers, and manufacturing facilities per the U.S. Census Bureau[5].
What is the SBA size standard for industrial construction?
The SBA size standard[7] is $45 million in average annual receipts, determining eligibility for federal small business contracting programs and SBA lending products.
Who are the largest industrial construction companies?
Turner Construction ranks as the largest by revenue, with Bechtel, Kiewit, Fluor, Skanska USA, DPR Construction, and Whiting-Turner representing additional major general contractors per ENR industry rankings and Census Bureau[6] business data.
What is driving industrial construction demand?
Data center construction, semiconductor fabrication plant development, and electric vehicle battery manufacturing facility buildout have driven recent growth per Census Bureau[6] construction spending data, with federal incentives under the CHIPS Act and Inflation Reduction Act accelerating domestic manufacturing facility investment.
What safety certifications apply to industrial sites?
OSHA[8] construction standards under 29 CFR 1926 apply to all industrial job sites, with HAZWOPER certification additionally required for workers at sites involving hazardous materials handling during construction activities.
What fire codes apply to industrial buildings?
NFPA fire codes impose specific suppression, detection, and egress requirements based on the industrial processes and materials housed within completed buildings per National Fire Protection Association standards, with hazardous occupancy classifications triggering additional fire separation and protection requirements.
How large is the industrial construction industry?
Roughly 3,007 firms employ 77,248 workers per Census Bureau[6] economic survey data, with project values ranging from small warehouse additions to multi-billion-dollar semiconductor fabrication and data center campus developments.
What environmental permits do industrial projects require?
EPA[13] air quality permits, wastewater discharge permits, and environmental impact assessments apply to manufacturing facility construction, with permit requirements determined by the type and volume of industrial processes the completed facility will house.

Sources & References

Government datasets and editorial sources used in this report.

  1. [1]U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages bls.gov
  2. [2]U.S. Census Bureau, Economic Census census.gov
  3. [3]U.S. Census Bureau, County Business Patterns census.gov
  4. [4]U.S. Small Business Administration, SBA 7(a) Loan Program Data data.sba.gov
  5. [5]U.S. Census Bureau census.gov
  6. [6]Census Bureau data.census.gov
  7. [7]SBA Table of Size Standards sba.gov
  8. [8]OSHA osha.gov
  9. [9]Bureau of Labor Statistics bls.gov
  10. [10]SBA lending programs sba.gov
  11. [11]SBA 7(a) loans sba.gov
  12. [12]504 loans sba.gov
  13. [13]EPA epa.gov

Disclaimer

This publication has been prepared by Fair Market Value (“Fair Market Value”) for informational purposes only. It is provided on an “as-is” and “as available” basis. Fair Market Value makes no representations or warranties, express or implied, regarding the merchantability, fitness for a particular purpose, completeness, or accuracy of the data or information contained herein. This publication is not intended to be, and should not be construed as, professional financial, legal, tax, or investment advice. Users should consult with qualified professionals before making any financial or business decisions based on the information presented.

To the extent permitted by law, Fair Market Value disclaims all liability for loss or damage, direct and indirect, suffered or incurred by any person resulting from the use of, or reliance upon, the data in this publication.

Copyright © 2026 Fair Market Value. All rights reserved. All data, information, articles, graphs, and content contained in this publication are copyrighted works and Fair Market Value hereby reserves all rights. No part of this publication may be copied, reproduced, republished, uploaded to a third party, or distributed without the prior written permission of Fair Market Value.