Life Cycle Assessment (LCA) is a well-known methodology used to calculate the environmental impacts of a product across its life cycle. The industrial machines used to manufacture consumer products are generally heavy, bulky, and have a complex product structure which makes their environmental assessment using LCA difficult as well as time and resource-intensive. Few studies have conducted LCA of complex industrial machines. The paper presents an LCA of a jet printing and dispensing machine (MY700), an industrial machine used in the production of printed circuit boards (PCBs) carried out using ReCiPe 2016 (Hierarchist) impact assessment methodology. In this study, the use phase of the machine accounted for 91% of the total environmental impacts. The compressed air and electricity consumed in the use phase of the machine were the major environmental hotspots. Additionally, some measures to minimize energy and compressed air use are also discussed. The methodology proposed in this article can be adopted by practitioners to conduct LCA of other industrial machines. The results of this study can help the machine manufacturers to undertake relevant eco-design activities as well as a comparison of different versions/machines in the product family for their environmental impact.