A machine factory is a company that produces machines. These companies traditionally belong to the heavy industry sector in comparison to a more consumer oriented and less capital intensive light industry. Today many companies make more sophisticated smaller machines, and they belong to the light industry. The economic sector of machine factories is called the machine industry.
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👉 Machine factories in the context of Machinery industry
The machine industry or machinery industry is a subsector of the industry, that produces and maintains machines for consumers, the industry, and most other companies in the economy.
This machine industry traditionally belongs to the heavy industry. Nowadays, many smaller industrial manufacturing companies in this branch are considered part of the light industry. Most machine tool manufacturers in the machinery industry are called machine factories.