Precision Turned Product Manufacturing in Virginia
Revenue benchmarks for precision turned product manufacturing businesses operating in Virginia.
#22 of 50 states-23.5% vs national avg
Average Revenue
$5.4M
per year
Businesses
50
in Virginia
Revenue / Employee
$271K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.6
firms per 100K in VA
Total Revenue
$268.8M
all firms in VA
Total Employees
992
in VA
How Virginia Compares
National Average$7.0M
Virginia$5.4M
Difference$1.6M (-23.5%)