Other Industrial Machinery Manufacturing in Michigan
Revenue benchmarks for other industrial machinery manufacturing businesses operating in Michigan.
#25 of 50 states-19.6% vs national avg
Average Revenue
$8.6M
per year
Businesses
187
in Michigan
Revenue / Employee
$367K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
1.9
firms per 100K in MI
Total Revenue
$1.6B
all firms in MI
Total Employees
4,410
in MI
How Michigan Compares
National Average$10.7M
Michigan$8.6M
Difference$2.1M (-19.6%)