Learn More → Manufacturing is the process of transforming materials or components into finished products that can be sold in the marketplace. The manufacturing industry is one of the largest sectors of the U.S. economy, employing more than 12 million workers. Copyright 2020 Leaf Group Ltd. / Leaf Group Media, All Rights Reserved. The transportation sector is self-defining, as it contains all automobiles, trains and planes that do not fall under other sectors, such as metalwork or chemical manufacturing.The inclusion of agriculture into manufacturing in modern society shows how agriculture has changed over the years, imitating more of a food production factory than an organic-style farm of just a century ago. Primary industries -cultivate and exploit natural resources, e.g., agriculture, mining 2. But rubber manufacturing is considered a part of plastic work. � 19 Types of Business Industries – Different types of Industry May 11, 2020 By Hitesh Bhasin Tagged With: Management articles Every business is classified into different industries based on the products they make and the markets they cater to. 579 0 obj <>stream %PDF-1.6 %���� Food manufacturing, textile product mills, apparel manufacturing, wood product manufacturing, chemical manufacturing and computer and electronics product manufacturing. Most of the products in this manufacturing sector use electric power, and all require a power source.
T ransport costs, to a great extent, depend on the nature of raw materials and manufactured products. The kinds of manufactured food made by food industries are; Fat & Oil, juice, chewing gums, cereals, animal feeds, coffees and many more. These are just a few sub-sectors that exist within the manufacturing industry — all … It involves the production of food and beverages for consumers. h��Zw�]�Z7��z�6��3}�a����ljK���\�^��ew�f�c?�B!�B!�B!�B!D���{����f�m�����A�ߙ9����f�:sW[5� This is what most manufacturing industries in Nigeria set up to do. The manufacturing industry is the sector of the economy that produces finished products. Manufacturing plays a huge role in modern society, as everything from knitting textiles to oil extraction to steel production falls within this sector of business. ���/������?����O? The output of seamstresses and tailors belongs to the clothing and textile sector.
Types of Manufacturing Industries. This also applies to using wool and cloth to make clothes, outerwear, upholstery fabrics and bedding. The Bureau of Labor Statistics classifies manufacturing into hundreds of subsections.Companies that process raw wool, cotton and flax to make cloth are categorized under the clothing and textiles sector.
�R*���� %��T"*�eA֨X�#Ȟ�h+�(�t���_��1��4�-�2V�ٍK��ʄ��IU&�;IW�h��~=����%WYo�d�=k�50��S����zc�sK�z�[Չz�2g���ۣ�[�>�~n}��7T�&t�|�T}n�7]�+,���7�sv w�'h� ���o�à &OQ�����֗Μ��M���.��;�ݡ|�ʝS��8wJ�k�ͽ���v�>�;�����J;w�رc������ ������ After serving in the United Stated Marine Corps for several years, he received his doctorate in history from the University of Nebraska. Synthetics such as polyester fall under chemical manufacturing. As the simplest of all manufacturing industries, in includes all forms of food production – from the farm to the dinner table – including such work as canning and purifying. Every physical product that you buy in a store or online is manufactured somewhere. ����?� ���KO|��|O�w|W�w|G��|[��|K�7|S�7|C��|]��|M�W|U�W|E��|Y��|I�|Q�|A��|^�KO�\�>�lೀ�����w�;�� �+�>0��]`xx0n�������� ��ӁO:��% This sector of industry also includes the use of crude oil to make certain plastics, as well as gasoline and other chemicals.Though these fields are closely related, they are usually treated as different sectors of manufacturing. Under leather industries, you'll find all tanning and curing, but the creation of leather clothes falls belongs to clothing and textiles. This can be compared to primary industries that produce raw materials and service industries that produce intangible value.The following are common examples of manufacturing industries. Secondary industries -take the outputs of primary industries and convert them into consumer and capital goods 3. Finally, the share of production has fallen from 29 per cent in 1971 to 18 per cent in 2011. The manufacturing industries’ share of gross value added has also decreased from 19 per cent to 11 per cent. It is economical to locate the manufacturing industries at a place where cost of production and delivery cost of manufactured goods to consumers are the least. Manufacturing Industries • Industry consists of enterprises and organizations that produce or supply goods and services • Industries can be classified as: 1. As the simplest of all manufacturing industries, in includes all forms of food production – from the farm to the dinner table – including such work as canning and purifying.Along with oil and chemical manufacturing, metals belong to heavy industry, while the remaining sectors are generally considered as light industry or consumer-oriented industry. � �������������o� ������ Metal Manufacturing Along with oil and chemical manufacturing, metals belong to heavy industry, while the remaining sectors are generally considered as light industry or consumer-oriented industry. Within this sector, you'll find all appliances and microprocessors, semi-conductors, chips and all audio-visual equipment. between raw material and type of industry. The production of metals includes all forms of iron, aluminum and steel manufacturing, as well as forging, engraving, coating and stamping.Wood production includes all forms of manufacturing floors or housing, as well as sawing and laminating. The concept of manufacturing rests upon the idea of transforming raw materials – either organic or inorganic – into products that are usable by society. Focused on economic topics, Johnson reads Russian and has published in journals such as “The Salisbury Review,” "The Constantian" and “The Social Justice Review." Manufacturing industries’ share of total employment has declined markedly from 23 per cent in 1971 to 11 per cent in 2011. The paper production process is typified by the cleansing of raw wood pulp into paper products of various kinds.Walter Johnson has more than 20 years experience as a professional writer. �����? The material, not the product, is at the center of defining this sector.The process of turning chemicals, coal and crude oil into usable products, along with the making of soaps, resins, paints and pesticides and medicines belong to this sector of manufacturing.
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