Sec. 20.2. "Industrial processor" means a person that:
(1) acquires tangible personal property owned by another person;
(2) provides industrial processing services, including enameling or plating, on the property; and
(3) transfers the property back to the owner to be sold by that owner either in the same form or as a part of other tangible personal property produced by that owner in the owner's business of manufacturing, assembling, constructing, refining, or processing.