Smith Foundry Co Salary

Smith Foundry Co Salary

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As of July 2026, the average hourly salary for employees at Smith Foundry Co in the United States is $47. This translates to an approximate annual wage of $96,978. Salaries at Smith Foundry Co typically range from $41 to $53 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Smith Foundry Co

Ready for your next career move? Explore current job openings at Smith Foundry Co. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Smith Foundry Co’s Pay Competitive? Salary Benchmarking Analysis

How does Smith Foundry Co'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
Precise Tooling Solutions Inc $41
-13.1%
Precise Tooling Solutions Inc focuses strategically on recruiting and training entry-level apprentices.
Richmond Casting Co $42
-9.5%
Richmond Casting Co operates with a leaner overhead structure, impacting base wage offers.
Road Runner Safety Services Inc $43
-7.3%
Typical compensation structure for smaller regional agencies like Road Runner Safety Services Inc.
Nexx Gen Power Solutions LLC $43
-6.9%
Nexx Gen Power Solutions LLC likely leverages performance bonuses over the high base salary shown here.
MFG Durable Industry $59
+25.5%
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 Smith Foundry Co and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Smith Foundry Co. Click a company name to learn more.

Employee Reviews: Working at Smith Foundry Co

Considering a career at Smith Foundry Co? 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.
With great employee training programs and process tracking, production is fast and reliable. Supportive leadership and hands-on training made onboarding smooth. The company offers reliable employment with standard benefits, but communication and collaboration between departments can be uneven. Management communicates expectations well and gives regular performance feedback.
Commented in April 02, 2025
42
3
Benefits are competitive, including comprehensive health coverage and retirement plans. Leadership is visible but doesn’t always follow through quickly on suggestions or feedback. The safety programs are world-class, with regular training and cutting-edge protective equipment. Culture emphasizes continuous improvement. Tasks are routine and predictable, with limited opportunity to contribute beyon...
Commented in January 10, 2025
31
2
Opportunities for learning new things and taking on more responsibility are readily available, which is highly motivating and rewarding for dedicated individuals. Working for this manufacturing leader has been incredibly rewarding. It's a solid option for routine work and it is long-term excitement or challenge.
Commented in November 23, 2024
19
2
Everyone understands their role and works toward common goals effectively and professionally. What stands out most is the supportive team environment. Leadership is open to feedback and regularly provides updates.
Commented in February 10, 2024
31
2

Smith Foundry Co Overview

Website
www.smithfoundry.com
Founded In
1923
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
1855 E 28th St Minneapolis Minnesota MN 55407
Revenue
$5 Million - $10 Million
Phone Number
+1 6127299395
Social Media
About Smith Foundry Co
At Smith Foundry, we are dedicated to customer centricity. Our hard-earned reputation for reliability, quality, and ease of doing business has been honed over the last 90 years of operations. Smith Foundry defines "responsive production".

What Benefits Does Smith Foundry Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Smith Foundry Co 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Smith Foundry Co.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Smith Foundry Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Smith Foundry Co salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Smith Foundry Co

1. How much does Smith Foundry Co in the United States pay?

Smith Foundry Co pays its employees an average of $47 per hour. The average salary at Smith Foundry Co range from $41 to $53 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 Smith Foundry Co employees get a higher salary than its peer company?

The salary at Smith Foundry Co is higher than its peer company. The average annual salary at Smith Foundry Co is $96,978, or an hourly wage of $47, in comparison to Precise Tooling Solutions Inc which pays $84,300 per year or $41 per hour.

3. What are the highest paying jobs at Smith Foundry Co?

The higher-paying job at Smith Foundry Co, according to our data, include President (avg. $361 per hour), Vice President & Chief Financial Officer (avg. $188 per hour), and Vice President, Engineering (avg. $108 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Smith Foundry Co?

Salary progression with years of experience at Smith Foundry Co 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 Smith Foundry Co vary by office location?

Yes, it's very likely that salaries at Smith Foundry Co 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 Minneapolis section provides more context.

6. Does Smith Foundry Co offer good benefits?

Smith Foundry Co 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 Smith Foundry Co" section on this page.

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