Lorain Tool Enterprises Inc Salary

How Much Does Lorain Tool Enterprises Inc Pay?BETA

As of April 2025, the average annual salary for employees at Lorain Tool Enterprises Inc in the United States is $85,101. This translates to an approximate hourly wage of $41. Salaries at Lorain Tool Enterprises Inc typically range from $74,958 to $96,027 annually, reflecting the diverse roles and experience levels within the company. Individual salaries can vary significantly based on factors such as job role, experience, education level, certifications, and more. At Lorain Tool Enterprises Inc, A President is among the highest earners, with an average salary of approximately $658,758 per year. Conversely, the lowest-paid position is Shipping Clerk, earning around $32,864 annually. Explore this page further for more salary and benefits information at Lorain Tool Enterprises Inc.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Lorain Tool Enterprises Inc Pay for Different Roles?BETA

At Lorain Tool Enterprises Inc, salaries can vary significantly based on factors such as location, industry, job category, and department. Below, we provide a detailed overview of salary ranges for various roles within the company.

It's important to note that salaries for the same position may differ due to several factors, including experience, education level, training, skills, and competencies. For instance, President positions at Lorain Tool Enterprises Inc offer the highest average annual salary of $658,758, while Shipping Clerk roles have an average annual salary of $32,864.

JOB TITLE SALARY RANGE AVERAGE SALARY COMPANY NAME
President $504,840 - $828,490 $658,758 Lorain Tool Enterprises Inc
Shipping Clerk $30,447 - $35,606 $32,864 Lorain Tool Enterprises Inc
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Lorain Tool Enterprises Inc Overview

Website:
loraintool.com
Size:
<25 Employees
Industry:
MFG Durable
Revenue:
<$5M
About:
Lorain Tool Enterprises, Inc. is committed to meeting both our internal and external customer requirements and increasing customer satisfaction through continual improvement of our products and processes, including our Infrastructure and our Quality Management System. LTE has maintained AS9100 certi...

Most Common Benefits for Lorain Tool Enterprises Inc

Aside from the base salary, Lorain Tool Enterprises Inc offers its employees a list of benefits. Employee benefits are an important factor in considering a position posted by the company.
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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Job Openings at Lorain Tool Enterprises Inc

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Similar Company Salary

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Schafer Woodworks Troy, MI $77,789 - $99,661 Company Salary Range $88,318 Average Company Salary
Syntex Supermaterials Houston, TX $79,072 - $101,307 Company Salary Range $89,774 Average Company Salary
Building Automation Systems Weymouth, MA $85,028 - $108,940 Company Salary Range $96,546 Average Company Salary
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FAQs About Lorain Tool Enterprises Inc Company

1. How much does Lorain Tool Enterprises Inc in the United States pay?

Lorain Tool Enterprises Inc pays its employees an average of $85,101 per year. The average salary at Lorain Tool Enterprises Inc range from $74,958 to $96,027 per year. President jobs at Lorain Tool Enterprises Inc earn the most with an average annual salary of $658,758, while Shipping Clerk jobs earn the least with an average annual salary of $32,864.

2. Do Lorain Tool Enterprises Inc employees get a higher salary than other similar companies?

The salary at Lorain Tool Enterprises Inc is lesser than Picustech Software. The highest salary package reported for an employee at Lorain Tool Enterprises Inc is $96,027 per year, meanwhile the highest salary package reported for an employee at Picustech Software is $113,696 per year.

3. How much does Lorain Tool Enterprises Inc pay compared to Picustech Software?

The average annual salary at Lorain Tool Enterprises Inc is $85,101, or an hourly wage of $41, in comparison to Picustech Software which pays $100,754 per year or $48 per hour.

4. Which job skills can boost a Shipping Clerk salary at Lorain Tool Enterprises Inc?

Customer Service, Shipping and Receiving and Transportation are key to a Shipping Clerk job at Lorain Tool Enterprises Inc. Possessing these skills could lead to a higher salary. You can learn and develop high income skills now if you’re looking for a position at Lorain Tool Enterprises Inc.

5. What is the lowest salary at Lorain Tool Enterprises Inc?

The lowest paying job at Lorain Tool Enterprises Inc is Shipping Clerk with an annual salary of $32,864 or an hourly rate of $41.