Cutting Tool and Machine Tool Accessory Manufacturing in Massachusetts
Revenue benchmarks for cutting tool and machine tool accessory manufacturing businesses operating in Massachusetts.
#7 of 50 states+36.7% vs national avg
Average Revenue
$8.9M
per year
Businesses
26
in Massachusetts
Revenue / Employee
$347K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.4
firms per 100K in MA
Total Revenue
$232.6M
all firms in MA
Total Employees
670
in MA
How Massachusetts Compares
National Average$6.5M
Massachusetts$8.9M
Difference+$2.4M (+36.7%)