Conveyor and Conveying Equipment Manufacturing in Minnesota
Revenue benchmarks for conveyor and conveying equipment manufacturing businesses operating in Minnesota.
#14 of 50 states-4.3% vs national avg
Average Revenue
$19.2M
per year
Businesses
26
in Minnesota
Revenue / Employee
$307K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.5
firms per 100K in MN
Total Revenue
$498.4M
all firms in MN
Total Employees
1,624
in MN
How Minnesota Compares
National Average$20.0M
Minnesota$19.2M
Difference$865K (-4.3%)