MODERN TOOL Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Modern Tool

Access the complete profile.

Modern Tool Fast Facts

Revenue	$1 - $10 million    See Exact Annual Revenue
Employees	10 - 100Exact Company Size
Primary Industry	332216 Saw Blade & Handtool Manufacturing
Additional NAICS Codes	3314 Nonferrous Metal Production & Processing 332 Fabricated Metal Product Manufacturing
Address	1200 Northdale Blvd. Nw Coon Rapids, MN 55448 moderntoolinc.com

Note: Revenues for privately held companies are statistical evaluations.




Modern Tool's Annual Report & Profile shows critical firmographic facts:

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

Modern Tool Annual Revenue and Growth Rate

Modern Tool	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: Modern Tool's revenues are gauged from an analysis of company filings.

Modern Tool's Income Statement (based on Industry Averages)

	$ Millions (Industry Average)
Modern Tool 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

Recession Risk

Determine whether Modern Tool 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 Modern Tool 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 Modern Tool's Largest Competitors

A competitive analysis shows these companies are in the same general field as Modern Tool, 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 Modern Tool. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
WARNER MANUFACTURING	Minneapolis, MN	100
NELSON NUMERIC	Bloomington, MN	78
COMPLETE TOOL GRINDING	Fridley, MN	11
ALJON TOOL	Plymouth, MN	11

Future Competition: Modern Tool's Fastest Growing Competitors

These companies are in the same general field as Modern Tool 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)