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Veteran-owned businesses are a cornerstone of the U.S. economy, comprising 5.9% of all businesses in the United States. Overall, veteran-owned businesses in the United States employ 3.9 million workers, with a combined value of $947.7 billion.
But what about veteran-owned manufacturing companies, specifically?
MNI continues to encourage veteran-owned companies to update their MNI profile so they can be more visible to potential customers. So far, MNI has collected 742 detailed company profiles of veteran-owned manufacturing businesses, employing 17,889 workers.
Some interesting facts we have garnered about the veteran-owned manufacturers in our database include the following:
• 37% distribute their products internationally.
• 19% import raw materials.
• Veteran-owned manufacturers are made up of small businesses with 84% in the 1-50 employee range.
So what industries are veteran owned manufacturing companies strongest in? This infographic shows the top industries amongst veteran-owned manufacturers, based on the data we’ve collected so far from manufacturers that have set up their free profile.
Veteran-owned manufactures are strongest in industrial machinery and equipment, accounting for 18% of all companies. Fabricated metals encompasses another 12% of companies, while printing and publishing account for another 8%.
Are you a veteran-owned manufacturer? Update your free MNI profile so new business can find you! Looking for veteran-owned manufacturers? If you're looking to do business with veteran-owned companies, contact them all with detailed business intelligence data from IndustrySelect, a service of MNI Try a free demo today!