Cutting Tool and Machine Tool Accessory Manufacturing in Connecticut
Revenue benchmarks for cutting tool and machine tool accessory manufacturing businesses operating in Connecticut.
#23 of 50 states-34.8% vs national avg
Average Revenue
$4.3M
per year
Businesses
33
in Connecticut
Revenue / Employee
$286K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.9
firms per 100K in CT
Total Revenue
$140.7M
all firms in CT
Total Employees
492
in CT
How Connecticut Compares
National Average$6.5M
Connecticut$4.3M
Difference$2.3M (-34.8%)