Lakewood Process Machinery Salary

As of August 2026, the average annual salary for employees at Lakewood Process Machinery in the United States is $86,705. This translates to an approximate hourly wage of $42. Salaries at Lakewood Process Machinery typically range from $76,250 to $98,039 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Lakewood Process Machinery Pay for Different Roles?

Explore detailed salary information for specific jobs at Lakewood Process Machinery. Based on our data, the highest paying job is the Manager, Engineering, with an annual salary of $119,140. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Lakewood Process Machinery

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

Is Lakewood Process Machinery’s Pay Competitive? Salary Benchmarking Analysis

How does Lakewood Process Machinery'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
Spaceman Ice Systems Co Ltd $94,067
+8.5%
Reflects a supply-demand imbalance for the specific talent Spaceman Ice Systems Co Ltd targets.
Caros Demo $104,953
+21.0%
Reflects structural premiums typical of Caros Demo's large-cap national operations.
M S C Industrial Supl Co $106,735
+23.1%
Influenced by prevailing union wage agreements specific to M S C Industrial Supl Co's sector.
Service Station Franchise Association Inc $104,003
+20.0%
Driven by niche technical certifications required for Service Station Franchise Association Inc's specialized projects.
Retail & Wholesale Industry $123,318
+42.2%
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 Lakewood Process Machinery

Considering a career at Lakewood Process Machinery? 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.
The team is cooperative, and the company provides adequate resources. I’ve been with this company for over two years, and it’s been rewarding. Friendly workplace culture. The company maintains a good reputation in the Retail & Wholesale industry, and operations run smoothly. The Retail & Wholesale environment is fast-moving, but the company provides the tools needed to succeed. It’s a reliable pla...
Compensation is competitive, and benefits like health insurance and performance bonuses are appreciated. Benefits are standard, but the work environment is pleasant. Enjoy working here. The wholesale operations are streamlined, and teamwork is emphasized.
Benefits meet industry standards, and the pay is decent. The workplace is well-maintained, and tasks are clearly assigned. The workload is manageable, and the team is always willing to help.

Lakewood Process Machinery Overview

Website
www.lakewoodpm.com
Founded In
2014
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
11441 E Lakewood Blvd Holland Michigan MI 49424
Revenue
$5 Million - $10 Million
Phone Number
+1 6163926926
Social Media
About Lakewood Process Machinery
Lakewood Process Machinery (LPM) has been a family-run business since 1964. For the past 45 years LPM has served a variety of industries, but with a primary focus on the agricultural and food processing industries, often providing innovative solutions to the challenges facing crop producers and processors. For the past three decades LPM has been []

What Benefits Does Lakewood Process Machinery Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lakewood Process Machinery 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 Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Lakewood Process Machinery.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Lakewood Process Machinery, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Lakewood Process Machinery salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lakewood Process Machinery

1. How much does a Lakewood Process Machinery employee make?

Lakewood Process Machinery pays its employees an average of $86,705 per year. The average salary at Lakewood Process Machinery range from $76,250 to $98,039 per year. 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 Lakewood Process Machinery?

The salary at Lakewood Process Machinery is lesser than the similar company. The average annual salary at Lakewood Process Machinery is $86,705, or an hourly wage of $42, in comparison to Spaceman Ice Systems Co Ltd which pays $94,067 per year or $45 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Lakewood Process Machinery?

In many roles at Lakewood Process Machinery, 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.

4. How does the cost of living near Grand Rapids affect the perceived value of a Lakewood Process Machinery salary?

Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). This significantly impacts the purchasing power of a salary from Lakewood Process Machinery based there. Our "Cost of Living Insights for Grand Rapids" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Lakewood Process Machinery typically offer employees?

Lakewood Process Machinery 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 Lakewood Process Machinery" section on this page.