Textile Bag and Canvas Mills in Michigan
Revenue benchmarks for textile bag and canvas mills businesses operating in Michigan.
#26 of 50 states-21.1% vs national avg
Average Revenue
$3.3M
per year
Businesses
43
in Michigan
Revenue / Employee
$249K
per year
Labor Cost
18.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.4
firms per 100K in MI
Total Revenue
$143.7M
all firms in MI
Total Employees
578
in MI
How Michigan Compares
National Average$4.2M
Michigan$3.3M
Difference$892K (-21.1%)