Traditional manufacturing is defined[4] as the act of converting raw materials into finished products by using manual or mechanized transformational techniques. The purpose of such activities is to add value to achieve targeted objectives, which do not preclude society's overall interests. In one report, the distinction between traditional sectors of manufacturing (listed as auto, steel) and others (listed as aerospace, medical device, pharmaceutical) is the basis for a definition of advanced manufacturing, with the characteristics of the two differing in terms of volume and scale economies, labor and skill content, and the depth and diversity of the network surrounding the industry (New England Council and Deloitte, as referenced in PCAST document).