Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables in Michigan
Revenue benchmarks for instruments and related products manufacturing for measuring, displaying, and controlling industrial process variables businesses operating in Michigan.
#20 of 50 states-40.5% vs national avg
Average Revenue
$10.1M
per year
Businesses
33
in Michigan
Revenue / Employee
$376K
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
$334.7M
all firms in MI
Total Employees
890
in MI
How Michigan Compares
National Average$17.1M
Michigan$10.1M
Difference$6.9M (-40.5%)