Green manufacturing aims to minimize waste and pollution through product and process design. It is a philosophy rather than a standardized process. Benefits include cost savings and improved reputation. Companies invest in pollution prevention through techniques like just-in-time manufacturing, zero emissions strategies, and life cycle management. They also use standards like ISO 9000 and 14000. An example is Murray Ohio Manufacturing, which switched from an oil lubricant to Coldkote, reducing scrap rates and costs while making waste less toxic.