Complex sentence: The term was coined in the mid- 1970s with the founding of Industrial Records by members of Throbbing Gristle and Monte Cazazza; on Throbbing Gristle's debut album "The Second Annual Report", they coined the slogan "industrial music for industrial people".
Split into simpler sentences: The term was coined in the mid- 1970s with the founding of Industrial Records by members of Throbbing Gristle and Monte Cazazza. On Throbbing Gristle's debut album "The Second Annual Report", they coined the slogan "industrial music for industrial people".