Cutting Tool and Machine Tool Accessory Manufacturing in Virginia
Revenue benchmarks for cutting tool and machine tool accessory manufacturing businesses operating in Virginia.
#20 of 50 states-29.6% vs national avg
Average Revenue
$4.6M
per year
Businesses
7
in Virginia
Revenue / Employee
$248K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.1
firms per 100K in VA
Total Revenue
$32.2M
all firms in VA
Total Employees
130
in VA
How Virginia Compares
National Average$6.5M
Virginia$4.6M
Difference$1.9M (-29.6%)