The¬ manufacturing industry includes businesses that convert raw materials or parts into finished goods or products that are sold commercially. The¬ manufacturing industry is an umbrella that covers several other industries like food and beverage, textile, automobile, and pharmaceutical.
The U.S.¬ manufacturing industry¬ is one of the largest in the world. However, globalization has impacted the¬ manufacturing industry in recent years with many companies using labor and material from other countries. Additionally, advances in automation and technology are changing the industry’s efficiency.