Diemold Tool Inc Salary

As of August 2026, the average annual salary for employees at Diemold Tool Inc in the United States is $93,075. This translates to an approximate hourly wage of $45. Salaries at Diemold Tool Inc typically range from $81,977 to $105,026 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Diemold Tool Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Diemold Tool Inc. Based on our data, the highest paying job is the President, with an annual salary of $720,486. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Diemold Tool Inc

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Is Diemold Tool Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Diemold Tool Inc's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Western Mold Engineering $96,757
+4.0%
Reflects structural premiums typical of Western Mold Engineering's large-cap national operations.
Bolton Metal Products Co $83,361
-10.4%
Bolton Metal Products Co operates with a leaner overhead structure, impacting base wage offers.
S C Packaging Inc $91,968
-1.2%
Confirms S C Packaging Inc is a direct competitor vying for the exact same talent pool.
Building Block Group $86,156
-7.4%
Reflects market rates for standard general contracting, differing from specialized roles.
MFG Durable Industry $121,746
+30.8%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Diemold Tool Inc

Considering a career at Diemold Tool Inc? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Processes are clearly laid out, and there’s rarely any confusion about responsibilities. This makes you feel like your voice matters and that you can contribute to positive changes. From procurement to delivery, everything is thoughtfully managed. The pace is steady, and expectations are clear.
The manufacturing company maintains a strong focus on teamwork, which leads to efficient production and high-quality products. Advancement is based on merit, not just tenure. Training programs are available and it is somehow comprehensive or engaging. Working at this manufacturing plant has been an incredibly rewarding experience. They listen to concerns and work with you to resolve issues quickly...
Team environment is great and communication is strong across departments. After years in the industry, I can confidently say this is the premier manufacturing employer. Work schedules are predictable, with flexibility when needed. Management understands the importance of personal time and tries to be flexible when possible. Most rewarding is seeing how our high-quality products make a difference i...

Diemold Tool Inc Overview

Website
www.diemoldtool.com
Founded In
1959
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
13340 Johnson Memorial Dr Shakopee Minnesota MN 55379
Revenue
<$5 Million
Phone Number
+1 9524456867
Social Media
About Diemold Tool Inc
Why choose Diemold Tool, Inc. for your next plastic injection mold project? We specialize in high tolerance mold building. We have built many unscrewing, hot runner, 3 plate, insert, 2 shot, and shuttle/rotary molds. We know that due dates and customer service are very important to you, and we continually meet these expectations. We take pride in our A+ Better Business Bureau rating.

What Benefits Does Diemold Tool Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Diemold Tool Inc offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Diemold Tool Inc.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Diemold Tool Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Diemold Tool Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Diemold Tool Inc

1. What is the typical salary range (low to high) for most roles at Diemold Tool Inc?

The typical annual salary range for most roles at Diemold Tool Inc is approximately from $81,977 to $105,026. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Diemold Tool Inc pay compared to Western Mold Engineering?

The average annual salary at Diemold Tool Inc is $93,075, or an hourly wage of $45, in comparison to Western Mold Engineering which pays $96,757 per year or $47 per hour.

3. Do salaries differ significantly between departments at Diemold Tool Inc?

Yes, salaries often differ between departments at Diemold Tool Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Diemold Tool Inc?

Experience level is a significant factor in determining salary at Diemold Tool Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Diemold Tool Inc in Minneapolis is fair given the local cost of living?

To determine if a salary offer from Diemold Tool Inc in Minneapolis is fair, first compare the gross salary to our data for similar roles at Diemold Tool Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Minneapolis" to understand its purchasing power.

6. What factors influence salary increases at Diemold Tool Inc?

Salary increases at Diemold Tool Inc are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.