Examples of Manufacturing Companies

In this article, we shall be highlighting a number of the examples of manufacturing companies that are in the world right now. They are not just in the world to merely exist, they are certainly doing well in terms of the conditions of production and sales management across the world.

Manufacturing businesses utilize many manufacturing methods to provide consumers with the products they desire. Some of the ways which manufacturing businesses may conduct operations to output as much product to the consumer market as possible include:

• Mass production: The industrial process of creating large amounts of a product at once. This method is cost-effective and saves time and labor while generating large outputs of products and profits.
• Pre-fabrication/Fabrication: Fabrication is another term for manufacturing used mainly in the construction industry. Pre-fabrication refers to the manufacturing of components off-site before they are assembled somewhere such as a construction zone. Prefabrication saves time during the final assembly process.
• Manufacturing engineering: The design, development, and implementation of new technologies to produce goods more efficiently. Automation and computerized technologies, such as robotic arms, are the result of manufacturing engineering and reduce human labor while increasing output.

A manufacturing company may be responsible for more than one product on the consumer market. These products do not have to be in the same industrial sector, though in many cases the products that a manufacturing company outputs are related in some way.

For example, a company may only produce food or only produce hygiene supplies. Manufacturing business examples that follow this trend include:

• Hershey’s: Specializes in chocolate and candy products such as milk chocolate, peanut butter cups, and malted milk balls
• Procter & Gamble: Produces cleaning supplies and personal care items, all of which are used frequently in the household
• Nike: Manufactures clothing and textile products including shoes, shirts, socks, and pants

Examples of Manufacturing Companies

In our discussion of the different examples of manufacturing companies taking the lead in the world right now, a brief enlightenment would not be too bad on the concept of manufacturing itself. Many of the products that consumers buy and utilize are the result of manufacturing. They undergo the process of design and assembly before arriving in stores for purchase.

Manufacturing is defined as the conversion of raw materials into finished goods through the use of tools, labor, and machinery. Raw materials include items such as wood, stone, and ore. They become finished goods including lumber, pillars, or steel for construction.

Toyota Group

This is not just a single company. Instead, the Toyota Group is a group of companies having partnerships and vendor relationships with Toyota automobile facilities and Toyota industries. Founded in 1937 in Aichi, Japan, the Toyota Group became the first auto manufacturer to produce nearly 10 million vehicles in a year.

The organization has maintained this impressive feat since 2012 and is, therefore, one of the largest examples of manufacturing companies in the world. Not only that, but this company has also actively participated in the hybrid and electric vehicle wave, encouraging people to adopt hybrid vehicles.

The company’s product line consists of electric vehicles such as plug-in hybrids, pickup trucks, SUVs, and luxury vehicles. It also produces motorsport vehicles, boats, and buses. The company takes much pride in being involved in non-automotive activities such as philanthropy, robotics, aerospace, etc.

Toyota’s 2021 revenue amounted to $255.81 billion.

Apple

With its 2021 revenue amounting to $365.8 billion, Apple is not only one of the top manufacturers in USA but also ranks among the 10 most valuable brands in the world. This organization is mainly involved in manufacturing computer software, electronics, and online services.

One interesting thing about Apple is its supply chain and logistics. They are so advanced that the company need not maintain any inventory. This enables it to make large-scale product launches without any hassles.

The company is widely popular for introducing Gorilla Glass technology for its iPhones. This happened in May 2017 when Apple funded a whopping $1 billion toward advanced manufacturing in the United States. Out of this, $200 million was invested in Corning, Inc. – the company that invented the Gorilla Glass technology.

Apple is headquartered in Cupertino, California.

Volkswagen Group of America

This company also came into existence in 1937. Before emerging as one of the leading examples of manufacturing companies in the world, the Volkswagen Group started as a German organization that became renowned for manufacturing the automobile ‘Beetle.’

This company mainly participates in the manufacturing and distributing personal and commercial automobiles such as cars, turbomachinery, motorbikes, etc.

The Volkswagen Group has secured a spot in Europe’s list of largest manufacturing companies for the past two decades. It operates across 150 countries worldwide, and some of its leading products in the market include Bentley, Audi, Bugatti, Porsche, and Lamborghini, among others.

Since 2018, the company’s most lucrative market has been China, wherein estimates of 4 million units of its automobiles are sold. The company’s 2021 revenue touched $295.7 billion.

Samsung

This company is headquartered in South Korea and is among the world top manufacturing companies in terms of consumer electronics. Also known as Samsung Electronics, the company’s name is shortened to SEC or SAMSUNG.

After Apple, Samsung is also the second largest technology manufacturing company in the world by revenue. Some of the top products in its product line include smartphones, semiconductors, LED and LCD panels, printers, televisions, cameras, hard drives, and more.

Samsung has achieved some impressive milestones throughout its existence. These include the creation of a curved display back in 2013, participating in various sustainability and climate change initiatives, and owning its ship-building sector.

Its clients include some of the biggest names in the market, such as Dell, Apple, Hewlett-Packard, ATT, and Verizon. The company’s total revenue in 2021 touched $232.8 billion.

Foxconn or Hon Hai Precision Industry Co.

As a renowned contract manufacturer headquartered in Taiwan, Foxconn or Hon Hai Precision Industry Co. also ranks among the top 10 manufacturing companies in the world. Besides being a leading manufacturer, the company is also one of the largest employers in the world.

This company has its wings spread far and wide, to nearly every region across the world. These include factories in India, East Asia, Europe, Brazil, Mexico, etc. In the Circuits Assembly magazine, Foxconn was placed among the largest electronics manufacturing companies in the world, not once or twice, but 14 consecutive times!

Currently, Foxconn manufactures smartphones for Big Names like Apple, Xiaomi, HMD, television sets, hearables, and EV parts for Aether Energy. Its client base includes companies like Nintendo, Microsoft, Amazon, Google, Dell, Intel, and Lenovo, among others.

Foxconn’s annual revenue in 2021 reached $219.11 billion.

Read Also: Largest ICT Companies in the World

Daimler AG

Founded and headquartered in Germany, Daimler AG (currently Mercedes-Benz Group AG) ranks among the world top examples of manufacturing companies best-known for automobile manufacturing. This company is primarily involved in manufacturing truck and car components.

It came into being in 1926 due to a merger between Daimler Motoren Gesellschaft and Benz Cie. Daimler AG was one of the first investors in Tesla but sold the stake back in 2014, stating that “it was not necessary for our partnership and cooperation.”

Some of the company’s top products include Mercedes-Benz, Western Star, BharatBenz, Mitsubishi Fuso, Detroit Diesel, MV Augusta, Thomas Built Buses, Freightliner, and Smart Automobile, among others.

In 2019, Daimler AG shifted its focus from manufacturing internal combustion engines to EV technologies. After rigorous research & development, the company manufactured a graphene-based battery cell. It was utterly non-toxic and could be recycled.

Daimler AG’s annual revenue in 2021 amounted to be $176.46 billion.

Honda Motor Co.

The Honda Motor Co. is a conglomerate that tops the list of the examples of manufacturing companies for power equipment, automobiles, and motorcycles. Since 1959, the company has maintained its name for being the world’s largest internal combustion engine manufacturer.

It also ranks among the world’s best motorcycle manufacturers. As for the former, Honda has successfully manufactured and sold at least 14 million units of internal combustion engines annually. Its top products include robots, ATVs, aircraft, lawnmowers, and mountain bikes.

The Japanese auto part manufacturer is mainly famous for manufacturing fuel-efficient passenger vehicles that are also lightweight and high-performing. Some of the top models in this segment include The Honda Accord and Civic.

Among the top manufacturers in USA today, Honda enjoys a good reputation mainly because of the affordability and durability of its automobiles. Barring non-essential luxury elements, most Honda cars come thoroughly equipped with essential, fundamental functionalities – ideal for working-class families worldwide.

The company’s 2021 revenue stood at $138.25 billion.

Cardinal Health

Also among the largest examples of manufacturing companies in the world, Cardinal Health mainly operates in the healthcare sector, providing healthcare services. Meaning, that Cardinal Health is involved in the manufacturing and distribution of medical and pharmaceutical products.

It is headquartered in the US and ranks 14^th in terms of revenue generation. The company’s services are so popular in the US that it serves at least 100,000 locations within the country. Some of the leading products in its product line include surgical and medical equipment such as surgical apparel, gloves, products for fluid management, etc.

Over the years, Cardinal Health has made several acquisitions. These include the 1999 acquisition of Chicago’s Allegiance Healthcare, which was involved in manufacturing surgical gowns, gloves, drapes, etc.

Then again, in 2015, Cardinal Health was involved in acquiring the Cordis division of Johnson & Johnson. This unit was an endovascular and cardiovascular device manufacturer. Such acquisitions significantly improved the company’s manufacturing and distribution capabilities.

The company’s 2021 revenue amounted to $123.8 billion.

Mitsubishi Motors

This Japan-based company has more than a 100-year legacy, founded in 1917. It came into existence when the Mitsubishi Shipping Company launched its Mitsubishi A Model – Japan’s first-ever series-produced automobile line.

17 years later, in 1934, the company merged with Mitsubishi Aircraft to manufacture aircraft engine components. Around this time, it was the largest company in Japan. With this merger, Mitsubishi mainly got involved in the manufacturing and distribution of ships, railroad cars, airplanes, etc.

The company is not only one of the largest manufacturing companies in the world but also generates nearly 10% of Japan’s GDP! As a three-diamond brand, several other companies are involved in manufacturing boats, cameras, electronics, etc.

As of today, Mitsubishi is a publicly-traded company, one-third of which is owned by Nissan. The 2021 revenue of the company amounted to $135.94 billion.

Ford Motor Company

Headquartered in Michigan, USA, Ford Motor Company is an American automaker. The company is primarily famous for being a pioneer in the manufacturing and distribution of large-scale and assembly-line cars.

Ford Motor Company is involved in manufacturing a wide variety of products and services such as tractors, trucks, financial services, automobiles, and more. Its manufacturing techniques are so robust that a separate term was coined back in 1914 – Fordism – to refer to Ford’s specific manufacturing methods.

The company’s automobiles have also won the Sportscar Championship for three consecutive years, including 1966, 1967, and 1968. Not just automobile manufacturing and production, Ford is known for its contributions toward environmental and sustainability initiatives such as enhancing fuel efficiency, hydrogen-fueled combustion engines, EVs, and more.

The company’s 2021 annual revenue amounted to $136.34 billion.