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Northwest Tool & Mfg Co Inc Salary

Northwest Tool & Mfg Co Inc Salary

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As of August 2026, the average hourly salary for employees at Northwest Tool & Mfg Co Inc in the United States is $42. This translates to an approximate annual wage of $88,055. Salaries at Northwest Tool & Mfg Co Inc typically range from $37 to $48 hourly, reflecting the diverse roles and experience levels within the company.
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Is Northwest Tool & Mfg Co Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Northwest Tool & Mfg Co 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
Portage Casting & Mold Inc $42
+0.1%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Bilco Tools Inc $41
-2.1%
Suggests Bilco Tools Inc utilizes a highly similar base-plus-benefits compensation model.
EcoloBlue Inc $48
+14.2%
Reflects a supply-demand imbalance for the specific talent EcoloBlue Inc targets.
BGA Test $47
+10.0%
Adjusted for higher cost-of-living indices in BGA Test's primary metro hubs.
MFG Durable Industry $59
+38.3%
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 Northwest Tool & Mfg Co Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Northwest Tool & Mfg Co Inc

Considering a career at Northwest Tool & Mfg Co 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.
They provide modern equipment and prioritize a safe working environment above all else. Experienced supervisors guide production with precision. Competitive pay and benefits motivate employees. Flexible work schedules help employees balance their personal and professional lives.
Commented in March 20, 2025
29
1
Most rewarding is seeing how our high-quality products make a difference in customers' lives every day. There are good systems in place for everything from safety to production, making the workflow smooth. Some groups collaborate well, others tend to work more independently with minimal communication. The atmosphere is professional but friendly, and coworkers genuinely look out for each other. Dai...
Commented in February 11, 2025
44
1
Leadership is visible but doesn’t always follow through quickly on suggestions or feedback. The company meets basic manufacturing standards. What sets this company apart is its commitment to employee growth. Scheduling is usually on time. It's a strong, dependable environment for anyone interested in stable, hands-on manufacturing work with growth opportunities.
Commented in February 01, 2025
30
2
They invest in their employees through skills development and promoting from within. It’s a fast-paced but supportive environment where you feel part of something that truly matters to the community. Regular recognition of achievements motivates employees and fosters loyalty. Everyone knows their role clearly.
Commented in January 21, 2024
19
3

Northwest Tool & Mfg Co Inc Overview

Website
www.northwesttool.com
Founded In
1965
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
2200 N 4th Ave Wausau Wisconsin WI 54401
Revenue
$5 Million - $10 Million
Phone Number
+1 7156757424
Social Media
About Northwest Tool & Mfg Co Inc
Northwest Tool & Mfg Co., Inc started in 1965 as a small machine shop. Over the past 52 years, Northwest Tool has grown into a reliable precision machine source. We specialize in one-of-a-kind parts. Northwest Tool uses a variety of materials and services, making us very versatile.

What Benefits Does Northwest Tool & Mfg Co Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Northwest Tool & Mfg Co 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 Madison?

Understanding the cost of living near Madison is key to truly evaluating a salary offer or your current compensation at Northwest Tool & Mfg Co Inc.
Madison's Cost of Living Index is approximately 100.8 (0.8% more expensive than US average; 6.3% more than WI average). State capital (Univ. of WI), desirable, housing costs near US avg. Metro Transit. When planning your budget based on a salary from Northwest Tool & Mfg Co Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of Northwest Tool & Mfg Co Inc salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (Metro monthly pass, free for UW) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,575 - $3,945+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Northwest Tool & Mfg Co Inc

1. How much does Northwest Tool & Mfg Co Inc in the United States pay?

Northwest Tool & Mfg Co Inc pays its employees an average of $42 per hour. The average salary at Northwest Tool & Mfg Co Inc range from $37 to $48 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. Do Northwest Tool & Mfg Co Inc employees get a higher salary than its peer company?

The salary at Northwest Tool & Mfg Co Inc is lesser than its peer company. The average annual salary at Northwest Tool & Mfg Co Inc is $88,055, or an hourly wage of $42, in comparison to Portage Casting & Mold Inc which pays $88,107 per year or $42 per hour.

3. What are the highest paying jobs at Northwest Tool & Mfg Co Inc?

The higher-paying job at Northwest Tool & Mfg Co Inc, according to our data, include President (avg. $328 per hour), Plant Manager (avg. $75 per hour), and Mechanical Design Engineer & Manager (avg. $62 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Northwest Tool & Mfg Co Inc?

Salary progression with years of experience at Northwest Tool & Mfg Co Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Northwest Tool & Mfg Co Inc vary by office location?

Yes, it's very likely that salaries at Northwest Tool & Mfg Co Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Madison section provides more context.

6. Does Northwest Tool & Mfg Co Inc offer good benefits?

Northwest Tool & Mfg Co Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Northwest Tool & Mfg Co Inc" section on this page.

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