From Songs For Swinging Shepherds… almost. Whilst trawling through the archives I came across a different recording of this song from which I took the guitar noises at the start and added them to the album version.
The Gits (UK) – Factory (1989)
The animation is Round & Round by the Handy (Jam) Organization from 1939 which can be found in the Prelinger archives at www.archive.org