Framleiðsluverksmiðjuiðnaður
Framleiðsluverksmiðjuiðnaður refers to the sector of the economy focused on the physical production of goods through manufacturing processes. This involves transforming raw materials, components, or parts into finished products using machinery, labor, and industrial processes. It is a fundamental part of the global economy, responsible for creating a vast array of consumer and industrial goods that underpin modern society.
Key activities within this industry include assembly, fabrication, machining, molding, and chemical processing. Companies in this
The framleiðsluverksmiðjuiðnaður is often characterized by its capital-intensive nature, requiring substantial investment in plant, equipment, and