Relay and Industrial Control Manufacturing in Minnesota
Revenue benchmarks for relay and industrial control manufacturing businesses operating in Minnesota.
#9 of 50 states+16.2% vs national avg
Average Revenue
$19.5M
per year
Businesses
22
in Minnesota
Revenue / Employee
$374K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.4
firms per 100K in MN
Total Revenue
$429.7M
all firms in MN
Total Employees
1,148
in MN
How Minnesota Compares
National Average$16.8M
Minnesota$19.5M
Difference+$2.7M (+16.2%)