Motor Vehicle Electrical and Electronic Equipment Manufacturing in Michigan
Revenue benchmarks for motor vehicle electrical and electronic equipment manufacturing businesses operating in Michigan.
#8 of 50 states+34.7% vs national avg
Average Revenue
$41.1M
per year
Businesses
53
in Michigan
Revenue / Employee
$279K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.5
firms per 100K in MI
Total Revenue
$2.2B
all firms in MI
Total Employees
7,821
in MI
How Michigan Compares
National Average$30.5M
Michigan$41.1M
Difference+$10.6M (+34.7%)