Q:
What Is a Manufacturing Company?
A:
Quick Answer
A manufacturing company is a commercial business that converts raw materials or components into finished products. These products are intended to meet the expectations and demands of customers.
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Full Answer
According to The Law Dictionary, a manufacturing corporation is "a corporation engaged in the production of some article, thing, or object, by skill or labor, out of raw material, or from matter which has already been subjected to artificial forces, or to which something has been added to change its natural condition." Manufacturing companies are often structured with division of labor and task specialization, so as to efficiently carry out the large-scale production of standardized products.
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