In this article, we will try to best define what Plant Machinery is based on its origins, and then explain the usage in the modern world and how it has evolved.
First and foremost, we must define what the term ‘Plant Machinery’ alludes to. The term ‘plant and machinery’ is an older term which was originally used in accounting, where it simply referred to assets and property which couldn’t easily be converted into cash, but was still given a fixed value. This term has stuck around, and today has a vaguely similar meaning, as it refers to goods vehicles; such as loaders and excavators and other construction equipment. These, too, are fixed assets and still cannot be easily converted into cash.
Plant machinery, as explained above, has a more specific meaning in today’s world than it has done in previous decades. The meaning nowadays is more focused…
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