Formwood Industries Salary

As of August 2026, the average annual salary for employees at Formwood Industries in the United States is $70,758. This translates to an approximate hourly wage of $34. Salaries at Formwood Industries typically range from $62,227 to $80,283 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Formwood Industries Pay for Different Roles?

Explore detailed salary information for specific jobs at Formwood Industries. Based on our data, the highest paying job is the Director of Finance and Accounting, with an annual salary of $191,976. The table below outlines the annual salary ranges for most popular roles within the company.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

Digital Marketing & Content Specialist

$114,029 / year

Salary Range: $101,095 - $128,388

Digital Marketing

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

Turn Insight into Opportunity: Current Job Openings

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About Formwood Industries: Company Profile

Website
www.formwood.com
Founded In
1987
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Location
CEMENTVILLE
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Formwood Industries's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
This isn't just another manufacturing job; it’s a career opportunity with a company that values its workforce. People genuinely care about each other and support one another, both professionally and personally. Working here has been a genuinely positive experience.
This drive for improvement keeps the work interesting and ensures the company stays competitive in the long run. I appreciate the opportunities for learning new skills on the production floor and the emphasis on safety, which is always a top priority. It’s a place where you can see a long-term future, supported by a management team that genuinely cares about its people and their professional devel...
It’s a dynamic and engaging workplace where your contributions are recognized and appreciated by a supportive team. Opportunities for overtime are consistent. Weekly goals keep us motivated. I never feel lost in the shuffle. Compensation and benefits are competitive, including profit sharing and excellent healthcare. Job security is very strong. This company has a clear vision for the future and e...
Managers are quick to support and recognize progress. Quality meets standards but rarely exceeds expectations. In our manufacturing setting, everyone is quick to lend a hand and share knowledge. The company maintains a culture of safety, quality, and efficiency, supported by modern technology and equipment. Management empowers us to take initiative and find innovative solutions on the manufacturin...

Is Formwood Industries’s Pay Competitive? Salary Benchmarking Analysis

How does Formwood Industries'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
G & G LUMBER COMPANY, INC. $72,396
+2.3%
Indicates identical technical requirements and experience levels between the two firms.
AUTUMNHOUSE $75,640
+6.9%
Reflects structural premiums typical of AUTUMNHOUSE's large-cap national operations.
CHALLINOR WOOD PRODUCTS $80,695
+14.0%
Driven by niche technical certifications required for CHALLINOR WOOD PRODUCTS's specialized projects.
MADRIDINC $85,808
+21.3%
Supported by MADRIDINC's high-margin contracts allowing higher overhead.
MFG Durable Industry $121,746
+72.1%
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.

What Is the Cost of Living Near Louisville?

Understanding the cost of living near Louisville is key to truly evaluating a salary offer or your current compensation at Formwood Industries.
Louisville's Cost of Living Index is approximately 87.8 (12.2% less expensive than US average; 5.5% less than KY average). Largest KY city, Kentucky Derby, affordable housing. TARC bus. When planning your budget based on a salary from Formwood Industries, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Formwood Industries salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (TARC monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,180 - $3,500+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Formwood Industries

FAQ 1: What is the typical salary range (low to high) for most roles at Formwood Industries?
The typical annual salary range for most roles at Formwood Industries is approximately from $62,227 to $80,283. 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.
FAQ 2: How much does Formwood Industries pay compared to G & G LUMBER COMPANY, INC.?
The average annual salary at Formwood Industries is $70,758, or an hourly wage of $34, in comparison to G & G LUMBER COMPANY, INC. which pays $72,395 per year or $35 per hour.
FAQ 3: How does experience level affect salary at Formwood Industries?
Experience level is a significant factor in determining salary at Formwood Industries, 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.
FAQ 4: How can I determine if a salary offer from Formwood Industries in Louisville is fair given the local cost of living?
To determine if a salary offer from Formwood Industries in Louisville is fair, first compare the gross salary to our data for similar roles at Formwood Industries and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Louisville" to understand its purchasing power.
FAQ 5: Why might an individual's actual salary at Formwood Industries differ from the ranges shown here?
An individual's actual salary at Formwood Industries can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.