Mectron Engineering

2.3★★☆☆☆(3 reviews)

400 S Industrial Dr, Saline, MI 48176

Saline, Michigan, United States

Edit

Business facts

Estimated annual revenue~$18.9M
Estimated employees~34
Annual payroll (2021)~$1.8M
In business since1968
Based on reported payroll data

Area statistics (48176)

Population23,240
Median household income$110,355
Source: US Census ACS

About

Mectron Engineering Company, Inc offers high speed inspection systems for fasteners, auto fastener inspection, eddy current, ammunition inspection, contract sorting, and laser measurement. With a focus on quality control and handling systems utilizing eddy current and ultrasonic instrumentation, Mectron's product development team has been awarded several patents on laser and eddy current inspection systems. Their new state-of-the-art laser is set to bring part inspection to another level. Mectron Engineering is located at 2004 Mectron Engineering Company, Inc Saline, Michigan USA and can be reached at (734) 944-8777.

Wheelchair Accessible
Parking, Yes
Categories: Machining Manufacturer, Manufacturing.
ISIC Codes: 4659, C.

Market analysis

Earning above its category median in a growing category (Machining Manufacturer).

EstimateCategory trend: 2024, +5.1%

Revenue trend (modeled)

~$14.0M2019
~$13.1M2020
~$13.1M2021
~$13.8M2022
~$16.5M2023
~$18.9M2024
Modeled from official industry statistics+6.2%/yr since 201980% confidence band: ±42%

Company profile

Incorporated1968 (MI)
Employees (reported band)8-17
Facility size~39,000 sq ft
Observed

Property

Lot size6.03 acres
CountyWashtenaw
ObservedPublic assessor / cadastre record

Federal support (SBA)

EIDL advance grant (2020)$10.0K · 10 jobs reported
PPP loan (2020)$369.4K · 24 jobs reported · implies ~$1.8M annual payroll · $372.9K forgiven
Second PPP loan (2021)$369.4K · 24 jobs reported · $371.3K forgiven
Receiving a second draw required certifying a ≥25% revenue drop in a 2020 quarter.
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Machining Manufacturer in Michigan458~$10.8B~$23.8M~$7.4M4.8★2.6×
Category revenue trend2024: +5.1%2023: +9.3%2022: +13.5%2021: +5.5%Modeled from business-level estimates
Chain pressure52 chains expanding in this category, led by Intoxalock Ignition Interlock, nationwide Interlock, Smart Start Inc (+331 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)59~$166.4M~$2.8M~$617.4K959~$89.8M31×
Wholesale and retail trade; repair of motor vehicles and motorcycles11~$45.7M~$4.2M97

1 km area (all businesses): median from the 53 of 59 businesses with estimates

Estimate

Area conditions (48176)

Population23,240 ±1,029
Median household income$110,355 ±$7,493
Median home value$379,500
Bachelor's degree or higher0.6%
Unemployment rate0.0%
Source: US Census ACS

Historical Information

Old business websites and emails that no longer exist, informational purposes only.

bajaj@indiakingimpex.com
Edit Business