Where is Diversified Tool located?

Diversified Tool is headquartered in Erie, Pennsylvania, but may have operations in other locations within the MFG Durable sector.

What industry is Diversified Tool in?

Diversified Tool operates in the MFG Durable industry.

Diversified Tool Average Salary, Pay Ranges & Benefits

Q: What does Diversified Tool do?

According to the company's overview, Since 1974 Diversified Tool has been providing the plastics injection molding industry the highest quality of close tolerance tools and spare tooling possible.

Diversified Tool Salary

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Salary at Diversified Tool

Current Job Openings at Diversified Tool

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Is Diversified Tool’s Pay Competitive? Salary Benchmarking Analysis

How does Diversified Tool'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
2220 Industries Inc	$102,685	+22.6%	Reflects a supply-demand imbalance for the specific talent 2220 Industries Inc targets.
The One Mold	$90,533	+8.1%	Reflects structural premiums typical of The One Mold's large-cap national operations.
Blue Square Manufacturing LLC	$86,662	+3.5%	Influenced by prevailing union wage agreements specific to Blue Square Manufacturing LLC's sector.
Hoosier Tool & Die Co	$84,321	+0.7%	Aligns perfectly with prevailing regional benchmarks for this specific job family.
MFG Durable Industry	$121,746	+45.4%	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.

How Diversified Tool's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Diversified Tool. Click a company name to learn more.

2220 Industries Inc

$102,685 / year

Salary Range: $90,426 - $115,915

Santa Fe Springs, CA

The One Mold

$90,533 / year

Salary Range: $79,723 - $102,197

Lancaster, PA

Blue Square Manufacturing LLC

$86,662 / year

Salary Range: $76,332 - $97,795

Chandler, AZ

Hoosier Tool & Die Co

$84,321 / year

Salary Range: $74,252 - $95,186

Columbus, IN

Florida Mold Experts Inc

$90,259 / year

Salary Range: $79,475 - $101,880

Miami, FL

Rearick Tooling Co

$89,468 / year

Salary Range: $78,779 - $101,014

Apollo, PA

Dubuque Stamping & Mfg Inc

$86,156 / year

Salary Range: $75,865 - $97,259

Dubuque, IA

M M Molds Inc

$91,630 / year

Salary Range: $80,685 - $103,429

Paradise, CA

J K Molds Inc

$97,748 / year

Salary Range: $86,073 - $110,343

Upland, CA

Employee Reviews: Working at Diversified Tool

Considering a career at Diversified Tool? 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.

It’s clear they value their workforce and want to attract and retain good people. Flexible work schedules and safety initiatives enhance employee satisfaction. It’s fine for steady work without much variation. Processes are somewhat outdated, but they still function. Management understands that happy employees produce quality work, and it shows in both our working conditions and the products we sh...

Commented in April 06, 2025

Modern equipment and technology improve daily work. Equipment and technology are regularly updated to ensure productivity and safety. Cross-training is encouraged, allowing employees to build skills in different areas. What impresses me most is how the company invests in employee development - from technical certifications to leadership training programs. The training programs helped me upskill qu...

Commented in October 30, 2024

Benefits surpass industry standards, including health coverage and retirement plans. Leadership is visible and accessible, promoting open dialogue. Equipment updates happen often.

Commented in February 08, 2024

Diversified Tool Overview

Website

www.diversifiedtoolco.com

Founded In

Data pending, update soon.

Employees

25 - 50 employees

Industry

MFG Durable

Headquarter Address

2004 W 16th St Erie Pennsylvania PA 16505

Revenue

$5 Million - $10 Million

Phone Number

+1 7248643957

About Diversified Tool

Since 1974 Diversified Tool has been providing the plastics injection molding industry the highest quality of close tolerance tools and spare tooling possible. We specialize in extremely close tolerance, high quality tools for the connector, medical and fiber optic industries. Our quality is recognized and appreciated by mold engineers, purchasing managers and the people who use our tools every da

What Benefits Does Diversified Tool Offer Beyond Salary?

A competitive compensation package is more than just a salary. Diversified Tool 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 Erie?

Understanding the cost of living near Erie is key to truly evaluating a salary offer or your current compensation at Diversified Tool.

Erie's Cost of Living Index is approximately 79.2 (20.8% less expensive than US average; 18.4% less than PA average). Lake Erie city, very affordable housing. EMTA bus. When planning your budget based on a salary from Diversified Tool, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$750 - $1,100+	A significant portion of Diversified Tool salary. Location choices impact this heavily.
Utilities (Basic)	$170 - $280 (Heating significant)	Electricity, Heating, Cooling, Water etc.
Public Transportation	$42 (EMTA monthly pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$370 - $550	Can be higher with more dining out or specialty stores.
Personal & Leisure	$300 - $580+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$350 - $650+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$1,982 - $3,162+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Diversified Tool

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

The typical annual salary range for most roles at Diversified Tool is approximately from $73,739 to $94,527. 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 Diversified Tool pay compared to 2220 Industries Inc?

The average annual salary at Diversified Tool is $83,741, or an hourly wage of $40, in comparison to 2220 Industries Inc which pays $102,685 per year or $49 per hour.

3. How does experience level affect salary at Diversified Tool?

Experience level is a significant factor in determining salary at Diversified Tool, 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.

4. How can I determine if a salary offer from Diversified Tool in Erie is fair given the local cost of living?

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

5. Are the salaries listed for Diversified Tool on Salary.com pre-tax or after-tax?

All salary figures displayed for Diversified Tool, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.