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A factory, manufacturing plant or a production plant is an industrial facility, often a complex consisting of several buildings filled with machinery, where workers manufacture items or operate machines which process each item into another. They are a critical part of modern economic production, with the majority of the world's goods being created or processed within factories.

In microeconomics, an industry is a branch of an economy that produces a closely related set of raw materials, goods, or services.For example, one might refer to the wood industry or to the insurance industry.