Industrial Precision Inc Salary

As of July 2026, the average annual salary for employees at Industrial Precision Inc in the United States is $99,046. This translates to an approximate hourly wage of $48. Salaries at Industrial Precision Inc typically range from $87,191 to $111,867 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Industrial Precision Inc

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Is Industrial Precision Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Industrial Precision 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
B&S Woodworking $85,059
-14.1%
Reflects market rates for standard general contracting, differing from specialized roles.
Thiem, Specialty Products Division $104,372
+5.4%
Influenced by prevailing union wage agreements specific to Thiem, Specialty Products Division's sector.
The Aldrich Company Inc $87,875
-11.3%
The Aldrich Company Inc operates with a leaner overhead structure, impacting base wage offers.
Momentum Manufacturing Group LLC $100,849
+1.8%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
MFG Durable Industry $121,746
+22.9%
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 Industrial Precision Inc

Considering a career at Industrial Precision 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.
We are regularly updated on company news and our feedback is actively sought and implemented. Great teamwork across all departments. I’ve found this manufacturing company to be a fantastic place to work. Compensation is fair and transparent, with opportunities for overtime when desired. Lean manufacturing principles improve efficiency and reduce waste.
People take pride in doing things right the first time. Excellent leadership, great communication, and a real focus on quality and safety. Employees here appreciate the company’s commitment to continuous improvement and innovation in manufacturing processes. Repetitive tasks, but manageable pace. I've spent 15 years in manufacturing and this is by far the best company I've worked for. The company'...
It’s rare to find such a structured yet flexible environment. It’s motivating to work toward team goals. You won’t feel overworked, but don’t expect excitement either. Safety protocols are established but inconsistently applied in some areas. We often exceed expectations thanks to strong leadership and coordinated efforts across shifts.

Industrial Precision Inc Overview

Website
www.industrialprecision.com
Founded In
1974
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
1014 Southampton Rd Westfield Massachusetts MA 01085
Revenue
$10 Million - $50 Million
Phone Number
+1 4135625161
Social Media
About Industrial Precision Inc
Industrial Precision Inc is a company that operates in the Machinery industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in Westfield, Massachusetts.

What Benefits Does Industrial Precision Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Industrial Precision 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 Westfield?

Understanding the cost of living near Westfield is key to truly evaluating a salary offer or your current compensation at Industrial Precision Inc.
Westfield's Cost of Living Index is approximately 101.3 (1.3% more expensive than US average; 23.6% less than MA average). Western MA city (Westfield State), affordable housing. PVTA bus. When planning your budget based on a salary from Industrial Precision Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Industrial Precision Inc salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $58 (PVTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $610 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,458 - $3,828+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Industrial Precision Inc

1. What is the typical salary range (low to high) for most roles at Industrial Precision Inc?

The typical annual salary range for most roles at Industrial Precision Inc is approximately from $87,191 to $111,867. 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 Industrial Precision Inc pay compared to B&S Woodworking?

The average annual salary at Industrial Precision Inc is $99,046, or an hourly wage of $48, in comparison to B&S Woodworking which pays $85,059 per year or $41 per hour.

3. Do salaries differ significantly between departments at Industrial Precision Inc?

Yes, salaries often differ between departments at Industrial Precision Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Industrial Precision Inc?

Experience level is a significant factor in determining salary at Industrial Precision 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.

5. How can I determine if a salary offer from Industrial Precision Inc in Westfield is fair given the local cost of living?

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

6. What factors influence salary increases at Industrial Precision Inc?

Salary increases at Industrial Precision 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.