NAICS UNIVERSITY · Free research for insurance agents
Knit Fabric Mills
NAICS 313240 · United States · 2022 edition
This industry comprises establishments primarily engaged in one of the following: (1) knitting weft (i.e., circular) and warp (i.e., flat) fabric; (2) knitting and finishing weft and warp fabric; (3) manufacturing lace; or (4) manufacturing, dyeing, and finishing lace and lace goods. Establishments in this industry may knit only; knit and finish; or knit, finish, and further fabricate fabric products (except apparel).
Start the review with workers' compensation.
For Knit Fabric Mills, the saved research highlights workers' compensation, commercial property, machinery breakdown. Confirm how these arise in the actual operation, what controls are used and whether additional services change the proposed coverage.
Questions to ask
- Does the facility perform on-site dyeing, bleaching, or chemical finishing, or is fabric sent off-site for those processes?
- What is the approximate replacement cost of knitting and finishing machinery on premises?
- Are there any known environmental compliance issues or prior regulatory actions related to dye or chemical discharge?
- What fire suppression systems are in place throughout the production and storage areas?
- What is the peak finished goods inventory value, and how does it fluctuate seasonally?
- For Knit Fabric Mills, what should the underwriter know about on-site dyeing or chemical finishing operations with inadequate wastewater treatment or ventilation?
- For Knit Fabric Mills, what should the underwriter know about older mill buildings with combustible wood-frame construction and high fabric inventory values?
- For Knit Fabric Mills, what should the underwriter know about prior fire, pollution, or workers' comp claims above typical textile industry frequency or severity?
Activities described by this code
Other activities to examine
Census classification reference
For educational purposes only. AI-generated insurance research and automated logic can contain errors. Independently verify classification and coverage decisions.
Compare another operationInsurance operations research — draft
Knit fabric mills operate continuous industrial knitting machinery — circular (weft) or flat (warp) — to produce fabric rolls, lace, or lace goods. Many facilities also perform finishing operations such as dyeing, bleaching, and chemical treatment on-site. Output is typically sold to apparel manufacturers, home goods producers, or industrial users rather than end consumers.
Questions to investigate
- Does the facility perform on-site dyeing, bleaching, or chemical finishing, or is fabric sent off-site for those processes?
- What is the approximate replacement cost of knitting and finishing machinery on premises?
- Are there any known environmental compliance issues or prior regulatory actions related to dye or chemical discharge?
- What fire suppression systems are in place throughout the production and storage areas?
This insurance research was generated in April 2026. It has not received a complete human review. The October 12, 2026 audit checked codes and titles only, not descriptions or coverage assertions.