Precision Turned Product Manufacturing in Minnesota
Revenue benchmarks for precision turned product manufacturing businesses operating in Minnesota.
#4 of 50 states+41.9% vs national avg
Average Revenue
$10.0M
per year
Businesses
142
in Minnesota
Revenue / Employee
$286K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
2.5
firms per 100K in MN
Total Revenue
$1.4B
all firms in MN
Total Employees
4,947
in MN
How Minnesota Compares
National Average$7.0M
Minnesota$10.0M
Difference+$2.9M (+41.9%)