Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing in Minnesota
Revenue benchmarks for air-conditioning and warm air heating equipment and commercial and industrial refrigeration equipment manufacturing businesses operating in Minnesota.
#13 of 50 states+6.9% vs national avg
Average Revenue
$39.4M
per year
Businesses
15
in Minnesota
Revenue / Employee
$310K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.3
firms per 100K in MN
Total Revenue
$591.7M
all firms in MN
Total Employees
1,909
in MN
How Minnesota Compares
National Average$36.9M
Minnesota$39.4M
Difference+$2.6M (+6.9%)