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a property with (assembled components) put together to serve a particular function (source of quote). In terms of enterprise and economic development, an environment in which people and technology are integrated as a functional unit, e.g., industrial facilities.

Business facilities and industrial facilities are productive assets of enterprises—examples include manufacturing, distribution and retail facilities.

Existing facilities are properties in place. They may be in use or shutdown. In the latter case they may be available facilities offered for sale or lease, in which case it may be that they can be retrofitted and put back into service for a current production need.

Wikipedia has an article about facilities management.

Facilities as defined elsewhere are places made for public use (source of quote).

related: facility; production facility; available building; real asset; facilities location

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Economic Development Services, Inc. / copyrights and all rights reserved / 10/27/2012