How much do Formatec Tooling Systems Inc employees make?

Formatec Tooling Systems Inc Salary

How Much Does Formatec Tooling Systems Inc Pay?BETA

As of April 2025, the average annual salary for employees at Formatec Tooling Systems Inc in the United States is $91,546. This translates to an approximate hourly wage of $44. Salaries at Formatec Tooling Systems Inc typically range from $80,492 to $103,587 annually, reflecting the diverse roles and experience levels within the company. Individual salaries can vary significantly based on factors such as job role, experience, education level, certifications, and more. At Formatec Tooling Systems Inc, Explore this page further for more salary and benefits information at Formatec Tooling Systems Inc.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Formatec Tooling Systems Inc Pay for Different Roles?BETA

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Formatec Tooling Systems Inc Overview

Website:

formatec.com

Size:

25 - 50 Employees

Industry:

Retail & Wholesale

Revenue:

$10M - $50M

Related Companies:

Crowley Petroleum Services Inc, Norwood Hardware, TOOFast Supply, Commercial Door & Hardware Inc, Mill Supplies Inc

About:

Formatec is a leading supplier of metal forming systems and tooling for the can making industry. Since 1986, Formatec has introduced many technological innovations and products to continuously improve metal container design and production methods. Established on a founding commitment to advancing ca...

Most Common Benefits for Formatec Tooling Systems Inc

Aside from the base salary, Formatec Tooling Systems Inc offers its employees a list of benefits. Employee benefits are an important factor in considering a position posted by the company.

Social Security

401(K)

Disability

Healthcare

Pension

Time Off (days)

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Job Openings at Formatec Tooling Systems Inc

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Similar Company Salary

Companies in the same industry have the same employee size, company type, similar revenue are similar companies. The table below shows the salary range and average salary of Formatec Tooling Systems Inc ’s peer companies.

Crowley Petroleum Services Inc Atlanta, GA	$83,489 - $107,453 Company Salary Range	$94,964 Average Company Salary
Norwood Hardware Cincinnati, OH	$81,922 - $105,441 Company Salary Range	$93,181 Average Company Salary
TOOFast Supply Columbus, NE	$78,412 - $100,905 Company Salary Range	$89,183 Average Company Salary
Commercial Door & Hardware Inc Paducah, KY	$73,501 - $94,588 Company Salary Range	$83,603 Average Company Salary
Mill Supplies Inc Fort Wayne, IN	$78,706 - $101,295 Company Salary Range	$89,521 Average Company Salary
Colorado Fasteners Inc Edwards, CO	$82,847 - $106,599 Company Salary Range	$94,225 Average Company Salary
Apple Fasteners Inc Camp Hill, PA	$78,880 - $101,490 Company Salary Range	$89,721 Average Company Salary
Security Hardware Distributors Association Annapolis, MD	$87,109 - $112,074 Company Salary Range	$99,077 Average Company Salary
CBS Fasteners Inc Anaheim, CA	$91,104 - $117,220 Company Salary Range	$103,613 Average Company Salary

See more companies

FAQs About Formatec Tooling Systems Inc Company

1. How much does Formatec Tooling Systems Inc in the United States pay?

Formatec Tooling Systems Inc pays its employees an average of $91,546 per year. The average salary at Formatec Tooling Systems Inc range from $80,492 to $103,587 per year.

2. Do Formatec Tooling Systems Inc employees get a higher salary than other similar companies?

The salary at Formatec Tooling Systems Inc is lesser than CBS Fasteners Inc. The highest salary package reported for an employee at Formatec Tooling Systems Inc is $103,587 per year, meanwhile the highest salary package reported for an employee at CBS Fasteners Inc is $117,220 per year.

3. How much does Formatec Tooling Systems Inc pay compared to CBS Fasteners Inc?

The average annual salary at Formatec Tooling Systems Inc is $91,546, or an hourly wage of $44, in comparison to CBS Fasteners Inc which pays $103,613 per year or $50 per hour.