Machine Tool Manufacturing in Minnesota
Revenue benchmarks for machine tool manufacturing businesses operating in Minnesota.
#24 of 50 states-42.2% vs national avg
Average Revenue
$4.2M
per year
Businesses
29
in Minnesota
Revenue / Employee
$250K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.5
firms per 100K in MN
Total Revenue
$122.5M
all firms in MN
Total Employees
491
in MN
How Minnesota Compares
National Average$7.3M
Minnesota$4.2M
Difference$3.1M (-42.2%)