Fabricated Pipe and Pipe Fitting Manufacturing in Minnesota
Revenue benchmarks for fabricated pipe and pipe fitting manufacturing businesses operating in Minnesota.
#24 of 50 states-48.3% vs national avg
Average Revenue
$5.6M
per year
Businesses
19
in Minnesota
Revenue / Employee
$245K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.3
firms per 100K in MN
Total Revenue
$106.4M
all firms in MN
Total Employees
434
in MN
How Minnesota Compares
National Average$10.8M
Minnesota$5.6M
Difference$5.2M (-48.3%)