Fabricated Pipe and Pipe Fitting Manufacturing in Michigan
Revenue benchmarks for fabricated pipe and pipe fitting manufacturing businesses operating in Michigan.
#23 of 50 states-43.4% vs national avg
Average Revenue
$6.1M
per year
Businesses
32
in Michigan
Revenue / Employee
$228K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.3
firms per 100K in MI
Total Revenue
$196.2M
all firms in MI
Total Employees
859
in MI
How Michigan Compares
National Average$10.8M
Michigan$6.1M
Difference$4.7M (-43.4%)