Performance Tool & Die Inc Salary

As of October 2026, the average hourly salary for employees at Performance Tool & Die Inc in the United States is $48. This translates to an approximate annual wage of $99,805. Salaries at Performance Tool & Die Inc typically range from $42 to $54 hourly, reflecting the diverse roles and experience levels within the company.
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Is Performance Tool & Die Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Performance 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
Low Temp Industries Inc $44
-7.5%
Low Temp Industries Inc may offer non-monetary perks in lieu of competitive base salaries.
Stafford Cutting Dies $45
-6.4%
Typical compensation structure for smaller regional agencies like Stafford Cutting Dies.
Redland Brick Inc $50
+4.8%
Supported by Redland Brick Inc's high-margin contracts allowing higher overhead.
Brenk Brothers Inc $49
+2.2%
Indicates identical technical requirements and experience levels between the two firms.
MFG Durable Industry $59
+22.0%
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 Performance Tool & Die Inc

Considering a career at Performance 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.
It's motivating to be part of a team that manufactures products recognized globally for their reliability and innovation. Skilled craftsmanship results in high-quality finished goods. The environment is stable, and it is somehow especially inspiring. Training is available and it is somehow tailored or frequent.
There’s a good rhythm to the work, and team leads are knowledgeable and fair. The company's commitment to local community partnerships adds meaning to our work beyond production numbers. It feels wonderful and deeply fulfilling to work for an organization that genuinely values giving back to society and making a positive, meaningful cultural impact beyond its core business operations. Employees re...
Leadership is accessible and quick to address concerns. It's a place where you feel respected and your contributions are genuinely appreciated by both peers and supervisors. Team environment is great and communication is strong across departments. Safety standards are rigorous and consistently maintained, which creates a reassuring atmosphere.

Performance Tool & Die Inc Overview

Website
www.ptdmn.com
Founded In
1980
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
21315 Heywood Ave Lakeville Minnesota MN 55044
Revenue
$10 Million - $50 Million
Phone Number
+1 9524692423
Social Media
About Performance Tool & Die Inc
Your Leading Tooling Solutions Provider Performance Tool & Die gives you honest pricing and quality tooling built specific to your needs. Our on-site team of creative tool designers, die makers, and CNC and EDM operators constantly work to find the most efficient and cost-effective way to produce your tooling. The dies we produce in our state-of-the-art facility not only meet our strict quality de

What Benefits Does Performance Tool & Die Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Performance 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)
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What Is the Cost of Living Near Lakeville?

Understanding the cost of living near Lakeville is key to truly evaluating a salary offer or your current compensation at Performance Tool & Die Inc.
Lakeville's Cost of Living Index is approximately 110.7 (10.7% more expensive than US average; 14.0% more than MN average). Mpls suburb, growing, housing above US avg. MVTA bus. When planning your budget based on a salary from Performance Tool & Die Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,200+ A significant portion of Performance Tool & Die Inc salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $85 (MVTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,925 - $4,525+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Performance Tool & Die Inc

1. What is the typical salary range (low to high) for most roles at Performance Tool & Die Inc?

The typical salary range for most roles at Performance Tool & Die Inc is approximately from $42 to $54 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. How much does Performance Tool & Die Inc pay compared to Low Temp Industries Inc?

The average annual salary at Performance Tool & Die Inc is $99,805, or an hourly wage of $48, in comparison to Low Temp Industries Inc which pays $92,305 per year or $44 per hour.

3. How does experience level affect salary at Performance Tool & Die Inc?

Experience level is a significant factor in determining salary at Performance Tool & Die Inc, 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.

4. How can I determine if a salary offer from Performance Tool & Die Inc in Lakeville is fair given the local cost of living?

To determine if a salary offer from Performance Tool & Die Inc in Lakeville is fair, first compare the gross salary to our data for similar roles at Performance Tool & Die Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Lakeville" to understand its purchasing power.

5. What factors influence salary increases at Performance Tool & Die Inc?

Salary increases at Performance Tool & Die Inc are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.