Midwest Precision Tool & Die Inc Salary

Midwest Precision Tool & Die Inc Salary

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As of August 2026, the average hourly salary for employees at Midwest Precision Tool & Die Inc in the United States is $40. This translates to an approximate annual wage of $83,108. Salaries at Midwest Precision Tool & Die Inc typically range from $35 to $45 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Midwest Precision Tool & Die Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Midwest Precision Tool & Die Inc. Based on our data, the highest paying job is the Manager, Production, with an hourly wage of $44. The table below outlines the hourly wage ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Midwest Precision Tool & Die Inc

Ready for your next career move? Explore current job openings at Midwest Precision Tool & Die Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Midwest Precision Tool & Die Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Midwest Precision Tool & Die 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
Green Flash Industries LLC $43
+7.6%
Driven by niche technical certifications required for Green Flash Industries LLC's specialized projects.
Jonesboro Tool & Die Company Inc $41
+2.5%
Confirms Jonesboro Tool & Die Company Inc is a direct competitor vying for the exact same talent pool.
Western Tool & Mold Ltd $48
+21.0%
Supported by Western Tool & Mold Ltd's high-margin contracts allowing higher overhead.
The Marquette Tool & Die Co $44
+9.5%
Data suggests The Marquette Tool & Die Co's workforce skews heavily towards veteran, high-tenure roles.
MFG Durable Industry $59
+46.5%
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.

Companies Similar to Midwest Precision Tool & Die Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Midwest Precision Tool & Die Inc

Considering a career at Midwest Precision Tool & Die 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.
Benefits are comprehensive, including wellness programs and career development opportunities. Facilities are kept in immaculate condition, reflecting pride in our work environment. Management actually listens to suggestions and acts on them. They are transparent in their communications and always make time to listen to employees.
Commented in March 02, 2025
13
1
Emphasis on quality drives pride in the final product. Training exists but can be uneven across departments. This blend of respecting seasoned knowledge and embracing fresh perspectives creates a dynamic and effective problem-solving environment, benefiting everyone involved in the process. The company invests in both cutting-edge equipment and comprehensive employee training programs. There's a c...
Commented in July 11, 2024
30
0
The leadership team encourages feedback and new ideas. There's a real sense of community and mutual support among colleagues. The work environment is safe, clean, and well-organized, contributing to overall job satisfaction and productivity for everyone on the team. Shift work takes adjustment. Promotion is possible but highly competitive.
Commented in March 03, 2024
37
2

Midwest Precision Tool & Die Inc Overview

Website
www.midwestprecision-sd.com
Founded In
1991
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
2000 E 54th St N Sioux Falls South Dakota SD 57104
Revenue
$5 Million - $10 Million
Phone Number
+1 6053731160
Social Media
About Midwest Precision Tool & Die Inc
Midwest Precision Tool & Die, Inc. is a leader in the precision machining industry. We are proud to be a part of South Dakota's corporate community since 1991. The owner and president, Burd McCoy , has brought together machinist and tool makers with unsurpassed skills dedicated to customer satisfaction, quality and on time delivery. Customers can rest assured their work is in great hands. MPTD is

What Benefits Does Midwest Precision Tool & Die Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Midwest Precision Tool & Die 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)
Work at Midwest Precision Tool & Die Inc?
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What Is the Cost of Living Near Sioux Falls?

Understanding the cost of living near Sioux Falls is key to truly evaluating a salary offer or your current compensation at Midwest Precision Tool & Die Inc.
Sioux Falls' Cost of Living Index is approximately 90.5 (9.5% less expensive than US average; 3.0% less than SD average). Largest SD city, financial/healthcare hub, affordable housing. SAM bus. When planning your budget based on a salary from Midwest Precision Tool & Die Inc, 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 Midwest Precision Tool & Die Inc salary. Location choices impact this heavily.
Utilities (Basic) $110 - $200 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (SAM monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,150 - $3,500+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Midwest Precision Tool & Die Inc

1. How much does a Midwest Precision Tool & Die Inc employee make?

Midwest Precision Tool & Die Inc pays its employees an average of $40 per hour. The average salary at Midwest Precision Tool & Die Inc range from $35 to $45 per hour. 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. Which similar company tend to pay more or less than Midwest Precision Tool & Die Inc?

The salary at Midwest Precision Tool & Die Inc is lesser than the similar company. The average annual salary at Midwest Precision Tool & Die Inc is $83,108, or an hourly wage of $40, in comparison to Green Flash Industries LLC which pays $89,394 per year or $43 per hour.

3. How much does a Manager, Production typically earn at Midwest Precision Tool & Die Inc?

A Manager, Production at Midwest Precision Tool & Die Inc typically earns an average hourly base salary of around $44, with a general range of $39 to $50.

4. Do employees with advanced degrees (Master's, PhD) earn more at Midwest Precision Tool & Die Inc?

In many roles at Midwest Precision Tool & Die Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Sioux Falls affect the perceived value of a Midwest Precision Tool & Die Inc salary?

Sioux Falls' Cost of Living Index is approximately 90.5 (9.5% less expensive than US average; 3.0% less than SD average). This significantly impacts the purchasing power of a salary from Midwest Precision Tool & Die Inc based there. Our "Cost of Living Insights for Sioux Falls" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Midwest Precision Tool & Die Inc typically offer employees?

Midwest Precision Tool & Die Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Midwest Precision Tool & Die Inc" section on this page.

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