Manufacturing Company

Manufacturing Company

Manufacturing Company

oboloo’s Glossary

A manufacturing company is a business focused on the fabrication, production, or assembly of goods or components. Usually, a company that produces tangible items will be classified as a manufacturing organization, as opposed to a service provider. Manufacturing companies may specialize in one type of product, or they may provide a range of products to different industries and sectors of the economy. The manufacture of goods involves transforming raw materials into finished products through techniques such as machining, forming, molding, assembling, and testing. As an integral part of the global economy, manufacturing companies are vital for providing employment opportunities, stimulating economic development, and creating innovative products that enhance our everyday lives.