Industry refers to the collective group of businesses and organizations involved in the production of goods or services within an economic system. It encompasses various sectors, including manufacturing, agriculture, mining, and services, each characterized by specific processes and activities aimed at generating economic output. Industries can be categorized into primary (extraction of raw materials), secondary (manufacturing and construction), and tertiary (service-oriented activities) sectors. The term also refers to the overall economic activity related to a particular type of goods or services, such as the tech industry or fashion industry. The health and growth of an industry often reflect broader economic trends and can be influenced by factors such as technology, consumer demand, government regulations, and global market dynamics. Overall, industry plays a crucial role in job creation, innovation, and economic development.
Saint-Gobain has acquired FOSROC, a leader in construction chemistry. The acquisition strengthens Saint-Gobain's global presence and product offerings. FOSROC operates 20 production facilities and employs around 3,000 people. The company…