Machine Shops in Minnesota
Revenue benchmarks for machine shops businesses operating in Minnesota.
#2 of 50 states+45.9% vs national avg
Average Revenue
$4.7M
per year
Businesses
505
in Minnesota
Revenue / Employee
$285K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
8.8
firms per 100K in MN
Total Revenue
$2.4B
all firms in MN
Total Employees
8,363
in MN
How Minnesota Compares
National Average$3.2M
Minnesota$4.7M
Difference+$1.5M (+45.9%)