Cutting Tool and Machine Tool Accessory Manufacturing in New Jersey
Revenue benchmarks for cutting tool and machine tool accessory manufacturing businesses operating in New Jersey.
#28 of 50 states-52.7% vs national avg
Average Revenue
$3.1M
per year
Businesses
13
in New Jersey
Revenue / Employee
$305K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.1
firms per 100K in NJ
Total Revenue
$40.3M
all firms in NJ
Total Employees
132
in NJ
How New Jersey Compares
National Average$6.5M
New Jersey$3.1M
Difference$3.4M (-52.7%)