What Companies Are In The Basic Industries Field? Updated;- Basic industries are industries that supply major inputs for the economy, such as food and fiber, energy, key materials, and transportation. They also include some miscellaneous goods. All of these companies contribute to the health of the overall economy.
Basic industries have been creating products that are essential for human life such as power, water and food. Some of the most common companies in this industry include General Electric, ExxonMobil, and Nestle.
Basic industries are an emerging field in the world of business that have been experiencing exponential growth. Basic industries are able to provide a type of product or service that can be used by everyone and these companies, such as steel, paper, food and others, have been able to stay competitive in the market due to their efficiency.
What Companies Are In The Basic Industries Field?
Capital Goods
Capital Goods, also known as machinery and equipment, are the products that companies use to produce other goods. These may include tangible assets like buildings or intangible assets like patents.
- Examples of companies in this field include:
- Caterpillar Inc., which manufactures construction and mining equipment
- Ford Motor Company, which manufactures cars and trucks
- General Electric (GE), which makes medical imaging devices and electrical generators
Construction Materials
Construction materials are used to construct buildings, roads, bridges, and other infrastructure. They include concrete, steel, glass and aluminum.
The construction materials industry includes companies that produce the raw materials for building construction. The main companies in this sector are:
- 3M Company (MMM) – provides adhesives for construction applications
- Aetna Inc (AET) – provides risk management solutions for workers compensation insurance in addition to other insurance products; also offers pharmacy benefit management services through its subsidiary Caremark Specialty Pharmacy Inc.; operates medical care businesses under Blue Cross Blue Shield Association brand names
Commercial Services & Supplies
Commercial services and supplies: Companies in this category include construction, transportation and retail. These companies provide services and supplies to businesses. They also sell goods and services to the public.
Electronic Equipment, Instruments & Components
- Electronic Equipment, Instruments & Components
- Companies in this field include Apple and Intel. These companies make products like computers, phones and tablets that are used in the commercial, industrial, and consumer sectors. The products themselves are manufactured in factories also located in this industry group.
Oil, Gas & Consumable Fuels
- Companies that produce oil and gas are companies that extract crude oil from the earth. They also produce natural gas, which is a byproduct of this extraction process.
- Companies that refine crude oil into petroleum products are another common category of basic industry company. These companies use different methods to separate out various parts of the crude oil so they can sell them off in different forms. For example, they may produce gasoline or diesel fuel from some parts of the raw material; then they might turn other parts into lubricants for your car’s engine.* Companies that transport crude oil and finished products are also an important part of this field, especially now with alternative sources becoming more popular among consumers (such as solar panels). These types of businesses help make sure all those goods get where they need to go quickly and efficiently so people can enjoy them as soon as possible!
Paper & Forest Products
Paper is made from wood and used for writing, printing, packaging and other purposes. The main types of paper are:
- Paper made from wood pulp
- Recycled paper that’s made from old newspapers, magazines and other sources of recycled fibers
- Wood chip board, which is a type of paper that’s used as the core of corrugated cardboard boxes
Transportation Services
Transportation Services are the companies that transport goods and people from one place to another. These services can be used to move goods and cargo, or they can be used to move people. Companies in this field include UPS, FedEx and railroads. These companies are involved in the movement of goods, people, and energy.
Companies in many different fields fall under the basic industries umbrella.
Companies in many different fields fall under the basic industries umbrella. To give you a better idea of what this means, we’re going to go over some of the major categories that make up the basic industries field.
- Industrial metals and minerals: This category includes companies involved in mining, refining and processing raw materials such as gold or iron ore into usable products that can be used by other industries like construction companies or even jewelry manufacturers. Some examples include miners like Newmont Mining Corporation (NEM) and Freeport-McMoRan Inc (FCX).
- Energy: These companies develop oil, natural gas and coal deposits for use as fuel sources for various industrial processes like manufacturing steel or making chemicals from petroleum products; they also sell electricity generated from fossil fuels such as natural gas or coal through generating plants across North America . Some examples include ExxonMobil Corp (XOM) which offers both gasoline at its branded stations along with oil exploration services internationally; Royal Dutch Shell Plc is another energy company which operates refineries around the world producing stock materials including diesel fuel from crude oil extracted from wells deep below ground level .
Conclusion
Our hope is that this article has given you a better understanding of the basic industries sector. It’s important to remember that every industry is made up of companies that operate in different ways and serve different client bases, so it’s worth taking some time to learn about each one before jumping into an investment strategy. If you have any questions or would like more information on how we can help with your portfolio needs, please contact us at (888)