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Default Pulling a word from text out of a cell

I don't know if this can be done? But, here it goes.

I have a cell that has a line of text in it. I need to be able to search the
text string and look for certain words and copy the word into another cell.

Example:

Cell "R2": runs 1/11, raw material issue

I need to look at that cell and find the words raw material and copy "raw
material" into another cell.

I'll also be looking for other words in the cells to differientate reasoning
for issues.

Words like:

Pail issue, Art Work, etc.

I don't nessarily need to copy the words if that's an issue. I could code
the different words with numbers. So if I'm looking for the words "raw
material", I could code it as equal to "1". If this makes it easier.

Thanks in advance.
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