Machinery and Assets
(Plant equipment,
Tools, Furniture,
Aircraft)
Machinery is a generic mechanical device used in manufacturing processes that involve the transformation of materials or products. All machinery is equipment, but not all equipment is machinery.
Equipment is the generic term used to define all movable assets required for production, including the installation and auxiliary services that are designed and manufactured for industrial purposes, regardless of the installation method. This term also includes furniture and devices necessary for the administration and operation of a company.
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