Electroplating, Plating, Polishing, Anodizing, and Coloring in Michigan
Revenue benchmarks for electroplating, plating, polishing, anodizing, and coloring businesses operating in Michigan.
#9 of 50 states+24.4% vs national avg
Average Revenue
$7.3M
per year
Businesses
133
in Michigan
Revenue / Employee
$215K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
1.3
firms per 100K in MI
Total Revenue
$967.2M
all firms in MI
Total Employees
4,509
in MI
How Michigan Compares
National Average$5.8M
Michigan$7.3M
Difference+$1.4M (+24.4%)