Hoosier Molded Products Inc Salary

As of August 2026, the average annual salary for employees at Hoosier Molded Products Inc in the United States is $90,491. This translates to an approximate hourly wage of $44. Salaries at Hoosier Molded Products Inc typically range from $79,659 to $102,197 annually, reflecting the diverse roles and experience levels within the company.
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Is Hoosier Molded Products Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Hoosier Molded Products 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
RemCon Inc $93,360
+3.2%
Influenced by prevailing union wage agreements specific to RemCon Inc's sector.
K&B Molded Products $90,892
+0.4%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
JB Tool $88,930
-1.7%
Suggests JB Tool utilizes a highly similar base-plus-benefits compensation model.
Chore-Time $88,656
-2.0%
Indicates identical technical requirements and experience levels between the two firms.
MFG Durable Industry $121,746
+34.5%
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 Hoosier Molded Products Inc

Considering a career at Hoosier Molded Products 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.
Cross-training opportunities allow employees to develop diverse skills across different production areas. Management truly listens to worker feedback - many of our process improvement suggestions get implemented. I’ve stayed because the culture values hard work, but doesn’t burn you out. Production goals are fair and consistently met.
Cross-training opportunities help keep the job interesting and develop new skills. The company also provides good benefits and career growth opportunities. You’re given tools and basic direction. I’ve found this manufacturing company to be a fantastic place to work.
I’ve grown my skills tremendously in just a year. Lean manufacturing principles improve efficiency and reduce waste. The culture is professional but can be rigid to dapt, sometimes hindering innovation. A great place to build skills. Not much socializing, which works for those who prefer a task-oriented workplace with minimal distractions. Teamwork is highly encouraged here. Feedback is immediate ...
The company's stability in the manufacturing sector provides job security that's rare today. Supervisors communicate well and help solve problems quickly. It’s a place where you can truly build a long-term career and feel secure in your role.
Excellent leadership, great communication, and a real focus on quality and safety. The job is straightforward with little need for supervision. Modern machinery and technology improve daily operations, helping employees perform efficiently. I’ve had a great experience working with people who take pride in their work. The role provides consistent pay and predictable hours.

Hoosier Molded Products Inc Overview

Website
www.hoosiermp.com
Founded In
1996
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
3603 Progress Dr South Bend Indiana IN 46628
Revenue
$10 Million - $50 Million
Phone Number
+1 5742357900
Social Media
About Hoosier Molded Products Inc
Hoosier Molded Products (HMP) is an injection molding company located in South Bend, IN. Our facility is a 70,000 square ft located on the southeast side of the Michiana Regional Transportation Center. Currently, we house 19 injection molding machines, various assembly machines, and an in house tool room capable of both producing and maintaining tools. HMP is a minority owned supplier , primarily

What Benefits Does Hoosier Molded Products Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Hoosier Molded Products 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 South Bend?

Understanding the cost of living near South Bend is key to truly evaluating a salary offer or your current compensation at Hoosier Molded Products Inc.
South Bend's Cost of Living Index is approximately 78.1 (21.9% less expensive than US average; 13.8% less than IN average). Home to Univ. of Notre Dame, affordable housing. Transpo bus. When planning your budget based on a salary from Hoosier Molded Products Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of Hoosier Molded Products Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $35 (Transpo 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 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,005 - $3,215+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Hoosier Molded Products Inc

1. What is the average salary for employees at Hoosier Molded Products Inc?

The average annual total compensation for employees at Hoosier Molded Products Inc is approximately $90,491. However, this is an aggregate figure, actual salaries can range significantly, typically from $79,659 to $102,197, depending on factors like job role, experience, and location.

2. How much does Hoosier Molded Products Inc pay compared to RemCon Inc?

The average annual salary at Hoosier Molded Products Inc is $90,491, or an hourly wage of $44, in comparison to RemCon Inc which pays $93,360 per year or $45 per hour.

3. What is the lowest salary at Hoosier Molded Products Inc?

The lowest-paying job at Hoosier Molded Products Inc is an Office Assistant with a salary of $35,166 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Hoosier Molded Products Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Hoosier Molded Products Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Hoosier Molded Products Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like South Bend?

While some companies offer formal COLA, many, including potentially Hoosier Molded Products Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Hoosier Molded Products Inc?

Most companies, likely including Hoosier Molded Products Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.