Hardware Manufacturing in Tennessee
Revenue benchmarks for hardware manufacturing businesses operating in Tennessee.
#1 of 50 states+148.1% vs national avg
Average Revenue
$38.6M
per year
Businesses
11
in Tennessee
Revenue / Employee
$256K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.2
firms per 100K in TN
Total Revenue
$424.9M
all firms in TN
Total Employees
1,659
in TN
How Tennessee Compares
National Average$15.6M
Tennessee$38.6M
Difference+$23.1M (+148.1%)