MINNESOTA ELEVATOR Revenue, Growth & Competitor Profile

DBA MEI
DBA MEI-TOTAL ELEVATOR SOLUTIONS
DBA MINNESOTA ELEVATOR, INC.

Company Profile & Annual Report for Minnesota Elevator

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Minnesota Elevator Fast Facts

Revenue	$10 - $100 million    See Exact Annual Revenue
Employees	100 - 500Exact Company Size
Primary Industry	332216 Saw Blade & Handtool Manufacturing
Additional NAICS Codes	238 Specialty Trade Contractors 332 Fabricated Metal Product Manufacturing 333921 Elevator & Escalator Manufacturing 56121 81131
Address	19336 607 Th Ave Mankato, MN 56001 meielevatorsolutions.com

Note: Revenues for privately held companies are statistical evaluations.




Minnesota Elevator's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
• What industry is the company in?

Minnesota Elevator Annual Revenue and Growth Rate

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

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

Note: Minnesota Elevator's revenues are gauged from an analysis of company filings.

Minnesota Elevator's Income Statement (based on Industry Averages)

	$ Millions (Industry Average)
Minnesota Elevator Revenue (Sales)
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

Trademark Applications

Trademark applications show the products and services that Minnesota Elevator is developing and marketing. Minnesota Elevator's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
MEI CONNECT Batteries for cellular telephones; Cellular telephone apparatuses; Computer hardware for telecommunications; Telecommunications transmitters; Wireless communication devices for voice, data or image transmission	10/17/2023
MEI TOTAL ELEVATOR SOLUTIONS Elevators and parts of elevators	10/12/2016
MEI MICHIGAN ELEVATOR Elevator installation and repair	10/03/2016

See all trademarks and details in the Full Report.

Recession Risk

Determine whether Minnesota Elevator 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 Minnesota Elevator 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.

Market Share of Minnesota Elevator's Largest Competitors

A competitive analysis shows these companies are in the same general field as Minnesota Elevator, 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	Headquarters	Revenue ($ MM)
PRECISION METALS GROUP	Mentor, OH	100
RP TOOLS	Houston, TX	55
INLAND MIDWEST	Elmhurst, IL	45
LIE-NIELSEN TOOLWORKS	Warren, ME	33
GREAT LAKES CARBIDE TOOL MFG I	Peshtigo, WI	32
MERITOOL	Salamanca, NY	23
U.S. BLADE MFG.	Cranford, NJ	16
PRECISION COMPONENTS & ASSEMBLIES	Saint Peters, MO	16
PRECISION SAW WORKS	Polkton, NC	15

Nearby Competitors

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

Company	Headquarters	Revenue ($ MM)
MINNESOTA ELEVATOR	Mankato, MN	100
INDUSTRIAL FABRICATION SERVICES	Lake Crystal, MN	36
HEWITT MACHINE & MANUFACTURING	Nicollet, MN	22
WINEGAR	Waseca, MN	21
HEWITT MACHINE & MFG.	Nicollet, MN	20
KATO CABLE	Mankato, MN	20
JONES METAL	Mankato, MN	18
AMERISTAR MANUFACTURING	Mankato, MN	18
HAALA INDUSTRIES	Sleepy Eye, MN	18
ZIERKE BUILT MANUFACTURING	Fairmont, MN	15

Future Competition: Minnesota Elevator's Fastest Growing Competitors

These companies are in the same general field as Minnesota Elevator 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.

Company	Revenue ($ MM)