Industrial heritage encompasses a variety of items such as manufacturing structures, railroads, mines and bridges that have been preserved since the industrial revolution and played an important role in social development. The preservation of these structures not only ensures that their physical existence is maintained, but also that a society carries its cultural memory and ties with the past into the future. When re-functioned with the right strategies, such structures in rural areas can become an important resource contributing to local development. The focus of the study is to emphasize the importance of preserving and adaptive re-using industrial buildings in rural areas to support economic recovery and social benefits.  Industrial heritage is a tool that can contribute to each of the most important elements of rural development, such as economic diversification, strengthening infrastructure,improving social services and environmental sustainability. By repurposing abandoned industrial areas, they can be revalued and become a point of attraction for tourists, create employment opportunities and contribute directly to the local economy. At the same time, the re-use of the building group, which takes place in the memory and local codes of the place, contributes greatly to the transfer of memories of the local people living in that place to the next generation and to keep the memory strong in this sense. This direct connection of the local people with the building group and the area strengthens the belonging of the people to that place and allows them to increase their interaction with the region. In this study, the conservation processes of industrial heritage are examined and the contributions of stakeholders to the process are discussed. Successful conservation strategies make it possible to transfer this heritage to future generations and ensure sustainable development in rural areas. In the study, data was collected through literature review and qualitative observation. As a result of the data collected, it is aimed to provide suggestions for the development of industrial heritage projects. It is aimed to draw attention to the cultural, economic and social transformations that such projects can create in rural areas and to raise awareness.