Plate Work Manufacturing in Minnesota
Revenue benchmarks for plate work manufacturing businesses operating in Minnesota.
#20 of 50 states-11.0% vs national avg
Average Revenue
$5.7M
per year
Businesses
48
in Minnesota
Revenue / Employee
$265K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.8
firms per 100K in MN
Total Revenue
$273.8M
all firms in MN
Total Employees
1,035
in MN
How Minnesota Compares
National Average$6.4M
Minnesota$5.7M
Difference$704K (-11.0%)