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Company Profiles: Revenue, Growth, Competition

WORLDTEK INDUSTRIES Revenue, Growth & Competitor Profile

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Company Profile & Annual Report for Worldtek Industries

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Worldtek Industries Fast Facts

Revenue$10 - $100 million    See Exact Annual Revenue
Employees100 - 500Exact Company Size
Primary Industry3327 Machine Shops; Turned Product; & Screw, Nut & Bolt Manufacturing
Additional NAICS Codes33271 Machine Shops
Address36310 Eureka Rd
Romulus, MI 48174

worldtek-ind.com
Note: Revenues for privately held companies are statistical evaluations.


Worldtek Industries's annual revenues are $10-$50 million (see exact revenue data) and has 100-500 employees. It is classified as operating in the Machine Shops; Turned Product; & Screw, Nut & Bolt Manufacturing industry.


Worldtek Industries's Annual Report & Profile shows critical firmographic facts:
  • What is the company's size? (Annual sales and employees)
  • What industry is the company in?

Worldtek Industries Annual Revenue and Growth Rate

Worldtek Industries Revenue Est.
($ Million)
Growth Rate (%)# Employees
2023 Details in Premium Report
2022
2021
2020
2019


1-Year Growth Rate:
3-Year Growth Rate (CAGR):
Premium Report

Note: Worldtek Industries's revenues are gauged from an analysis of company filings.



Worldtek Industries's Income Statement (based on Industry Averages)

$ Millions
(Industry Average)
Worldtek Industries Revenue (Sales) Worldtek Industries Premium Report
Cost of Goods Sold
Gross Profit

Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit
 


Recession Risk

Determine whether Worldtek Industries grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof Worldtek Industries is relative to the industry overall. While a new recession may strike a particular industry, measuring the industry and company's robustness during the last recession estimates its ability to weather future recessions.



U.S. Industry Overview & Market Statistics:
Machine Shops; Turned Product; & Screw, Nut & Bolt Manufacturing

Publisher: AnythingResearch

  • Market Size
  • Growth Rate
  • 5-Year Market Forecast
  • Average Company Size & Growth
  • Salary & Compensation Benchmarks



Market Share of Worldtek Industries's Largest Competitors

A competitive analysis shows these companies are in the same general field as Worldtek Industries, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company HeadquartersRevenue ($ MM)
SPS TECHNOLOGIESJenkintown, PA100 
JTEKT NORTH AMERICAGreenville, SC97 
FOX FACTORYDuluth, GA77 
MACLEAN-FOGGMundelein, IL68 
SFS GROUP USAWyomissing, PA66 
COLD HEADINGWarren, MI52 
ARCH GLOBAL HOLDINGSBloomfield Hills, MI47 
LOC PERFORMANCE PRODUCTSPlymouth, MI35 
AALBERTS INTEGRATED PIPING SYSTEMS AMERICASCharlotte, NC34 




Nearby Competitors

These companies are similar in business line and location to Worldtek Industries. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company HeadquartersRevenue ($ MM)
LOC PERFORMANCE PRODUCTSPlymouth, MI100 
AMANDA BENT BOLTLivonia, MI30 
MASTER AUTOMATIC MACHINEPlymouth, MI23 
DEXTER FASTENER TECHNOLOGIESDexter, MI15 
SKYWAY PRECISIONPlymouth, MI12 
WORLDTEK INDUSTRIESRomulus, MI7 




Future Competition: Worldtek Industries's Fastest Growing Competitors

These companies are in the same general field as Worldtek Industries and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

CompanyRevenue ($ MM)
Worldtek Industries Competitors