Conveyor and Conveying Equipment Manufacturing in Michigan
Revenue benchmarks for conveyor and conveying equipment manufacturing businesses operating in Michigan.
#3 of 50 states+76.9% vs national avg
Average Revenue
$35.4M
per year
Businesses
69
in Michigan
Revenue / Employee
$399K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.7
firms per 100K in MI
Total Revenue
$2.4B
all firms in MI
Total Employees
6,130
in MI
How Michigan Compares
National Average$20.0M
Michigan$35.4M
Difference+$15.4M (+76.9%)