Lewis Machine & Tool Co Salary

As of May 2026, the average annual salary for employees at Lewis Machine & Tool Co in the United States is $92,168. This translates to an approximate hourly wage of $44. Salaries at Lewis Machine & Tool Co typically range from $81,125 to $104,112 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Lewis Machine & Tool Co

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Is Lewis Machine & Tool Co’s Pay Competitive? Salary Benchmarking Analysis

How does Lewis Machine & Tool 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
Armscor $96,662
+4.9%
Driven by niche technical certifications required for Armscor's specialized projects.
Norris Ltd $93,635
+1.6%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Global Yachting Group Ltd $88,719
-3.7%
Typical compensation structure for smaller regional agencies like Global Yachting Group Ltd.
Nadella Srl $107,305
+16.4%
Influenced by prevailing union wage agreements specific to Nadella Srl's sector.
MFG Durable Industry $121,746
+32.1%
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 Lewis Machine & Tool Co

Considering a career at Lewis Machine & Tool 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.
This makes you feel like your voice matters and that you can contribute to positive changes. There’s minimal stress if you follow procedures. Others may crave more engagement. Good benefits and retirement options.
Managers give helpful feedback, and colleagues support each other. Advancement is based on merit, not just tenure. It’s a rewarding environment for those seeking career development. It’s a structured workplace with the flexibility to improve and grow. A good stopgap job, not necessarily a long-term career builder. Management is approachable, and coworkers are always willing to help.
The workplace environment encourages collaboration and respect among colleagues. The unique opportunity to work on cutting-edge, boundary-pushing media projects that are actively shaping how compelling stories are told, creatively consumed, and culturally shared is incredibly stimulating, professionally enriching, and deeply rewarding. Work is steady and predictable. There are plenty of opportunit...

Lewis Machine & Tool Co Overview

Website
www.lmtdefense.com
Founded In
1980
Employees
100 - 200 employees
Industry
MFG Durable
Headquarter Address
1600 E Leonard Ct Eldridge Iowa IA 52748
Revenue
$10 Million - $50 Million
Phone Number
+1 3097877151
Social Media
About Lewis Machine & Tool Co
LMT Defense (Lewis Machine & Tool Company) is a premiere manufacturer of gas piston AR 15 type, .308 rifle, M203 grenade launchers, Suppressors and firearms accessories used throughout the United States and in over 45 countries around the world. The company was founded in 1980 in Milan, Illinois with the mission of designing and producing the highest quality products for the military and governmen

What Benefits Does Lewis Machine & Tool Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lewis Machine & Tool 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 Davenport?

Understanding the cost of living near Davenport is key to truly evaluating a salary offer or your current compensation at Lewis Machine & Tool Co.
Davenport's Cost of Living Index is approximately 78.3 (21.7% less expensive than US average; 13.0% less than IA average). Quad Cities area (IA/IL), very affordable housing. CitiBus. When planning your budget based on a salary from Lewis Machine & Tool Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $700 - $1,100+ A significant portion of Lewis Machine & Tool Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 (Seasonal swings) Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (CitiBus monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $520 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $330 - $620+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,840 - $3,030+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lewis Machine & Tool Co

1. What is the estimated average total compensation at Lewis Machine & Tool Co?

Salary.com estimates that the average total compensation package at Lewis Machine & Tool Co, which can include base salary, potential bonuses, and benefits, is around $92,168 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Lewis Machine & Tool Co pay compared to Armscor?

The average annual salary at Lewis Machine & Tool Co is $92,168, or an hourly wage of $44, in comparison to Armscor which pays $96,662 per year or $46 per hour.

3. Do salaries differ significantly between departments at Lewis Machine & Tool Co?

Yes, salaries often differ between departments at Lewis Machine & Tool Co 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Lewis Machine & Tool Co?

Salary progression from an entry-level to a senior role at Lewis Machine & Tool Co can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Lewis Machine & Tool Co in Davenport is fair given the local cost of living?

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

6. Are promotions at Lewis Machine & Tool Co usually accompanied by a significant salary increase?

Yes, promotions at Lewis Machine & Tool Co are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.