Relay and Industrial Control Manufacturing in Michigan
Revenue benchmarks for relay and industrial control manufacturing businesses operating in Michigan.
#21 of 50 states-42.9% vs national avg
Average Revenue
$9.6M
per year
Businesses
32
in Michigan
Revenue / Employee
$323K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.3
firms per 100K in MI
Total Revenue
$307.3M
all firms in MI
Total Employees
950
in MI
How Michigan Compares
National Average$16.8M
Michigan$9.6M
Difference$7.2M (-42.9%)