Is size inherent in the meanings of "plant" and "factory"?
Merriam-Webster says this:
"plant (noun) 2 a : the land, buildings, machinery, apparatus, and fixtures employed in carrying on a trade or an industrial business; b : a factory or workshop for the manufacture of a particular product; also : power plant; c : the total facilities available for production or service; d : the buildings and other physical equipment of an institution"
"factory (noun) 2 a : a building or set of buildings with facilities for manufacturing"
There's no difference between them in my dialect. One word's shorter than the other's all that I can see. It's probably a matter of regional dialect and local (what they say at work, plant or factory) parlance.
However, one wouldn't call a power plant a power factory.
Since
-
Factory
is the older term, and deals with the assembly of things, and -
Plant
is a word that arose (in its modern usage) for chemical refineries and the like
you could consider a Plant
more complex compared than a factory, if for no other reason than the added complexity of the refinery / reaction process(es) involved.
In fact, consider that smelting facilities are generally called a plant
despite also involving factory-line types of post-process handling.
Also, I'd ponder that plant
arose from plantation
- which is more complex (in operations) than a factory.