Textile Bag and Canvas Mills in Minnesota
Revenue benchmarks for textile bag and canvas mills businesses operating in Minnesota.
#46 of 50 states-64.4% vs national avg
Average Revenue
$1.5M
per year
Businesses
28
in Minnesota
Revenue / Employee
$244K
per year
Labor Cost
18.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.5
firms per 100K in MN
Total Revenue
$42.3M
all firms in MN
Total Employees
173
in MN
How Minnesota Compares
National Average$4.2M
Minnesota$1.5M
Difference$2.7M (-64.4%)