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Lorenz Manufacturing Co Salary

Lorenz Manufacturing Co Salary

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As of September 2026, the average annual salary for employees at Lorenz Manufacturing Co in the United States is $78,498. This translates to an approximate hourly wage of $38. Salaries at Lorenz Manufacturing Co typically range from $69,139 to $88,577 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Lorenz Manufacturing Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Lorenz Manufacturing Co. Based on our data, the highest paying job is the Sales Representative, with an annual salary of $73,486. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Lorenz Manufacturing Co’s Pay Competitive? Salary Benchmarking Analysis

How does Lorenz Manufacturing 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
Precast Solutions $84,226
+7.3%
Reflects a supply-demand imbalance for the specific talent Precast Solutions targets.
Microplex Inc $85,196
+8.5%
Driven by niche technical certifications required for Microplex Inc's specialized projects.
Kuhn Tool & Die Co $80,924
+3.1%
Adjusted for higher cost-of-living indices in Kuhn Tool & Die Co's primary metro hubs.
Contracting Engineering Consultants Inc $85,713
+9.2%
Supported by Contracting Engineering Consultants Inc's high-margin contracts allowing higher overhead.
MFG Durable Industry $121,746
+55.1%
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.

How Lorenz Manufacturing Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Lorenz Manufacturing Co

Considering a career at Lorenz Manufacturing 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.
Promotion pathways are available but competitive. Career growth opportunities exist but are competitive. The atmosphere is neutral and inoffensive overall. It’s refreshing to work for a company that invests in its people.
Commented in May 14, 2025
46
3
Communication from upper management is transparent and consistent. Employees are provided with the tools and training needed to succeed. A clean, safe facility with well-maintained equipment. We’ve seen steady improvements in every area. Safety protocols are prioritized and well enforced. Leadership balances production demands with reasonable expectations, avoiding the burnout common in manufactur...
Commented in February 23, 2025
29
3
Modern equipment and up-to-date technology create a productive and innovative work environment. Safety and quality are truly everyone's responsibility, not just management's. Safety is prioritized, with protocols consistently enforced. The team is close-knit, and everyone is willing to help each other out.
Commented in March 15, 2024
25
3

Lorenz Manufacturing Co Overview

Website
www.lorenzmfg.com
Founded In
1965
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
1800 14th Ave NW Watertown South Dakota SD 57201
Revenue
<$5 Million
Phone Number
+1 6058869596
Social Media
About Lorenz Manufacturing Co
Lorenz manufactures primarily farm related products. We also manufacture aluminum winches used in the boat lift industry, among other custom products. Lorenz has two locations: Benson, MN, and Watertown, SD. We have been in the manufacturing business for over 40 years. Our first product was our Original Grinder-Mixer, the first fully hydraulic feed mill. Over the years we have manufactured many ag

What Benefits Does Lorenz Manufacturing Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lorenz Manufacturing 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 Watertown?

Understanding the cost of living near Watertown is key to truly evaluating a salary offer or your current compensation at Lorenz Manufacturing Co.
Watertown's Cost of Living Index is approximately 84.3 (15.7% less expensive than US average; 9.5% less than SD average). Eastern SD city, affordable. Wtn Area Transit. When planning your budget based on a salary from Lorenz Manufacturing Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,100+ A significant portion of Lorenz Manufacturing Co salary. Location choices impact this heavily.
Utilities (Basic) $120 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,900 - $3,060+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lorenz Manufacturing Co

1. What is the typical salary range (low to high) for most roles at Lorenz Manufacturing Co?

The typical annual salary range for most roles at Lorenz Manufacturing Co is approximately from $69,139 to $88,577. 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 Lorenz Manufacturing Co pay compared to Precast Solutions?

The average annual salary at Lorenz Manufacturing Co is $78,498, or an hourly wage of $38, in comparison to Precast Solutions which pays $84,226 per year or $40 per hour.

3. Do salaries differ significantly between departments at Lorenz Manufacturing Co?

Yes, salaries often differ between departments at Lorenz Manufacturing 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. How does experience level affect salary at Lorenz Manufacturing Co?

Experience level is a significant factor in determining salary at Lorenz Manufacturing Co, 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 Lorenz Manufacturing Co in Watertown is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at Lorenz Manufacturing Co?

Several key factors influence salary levels at Lorenz Manufacturing Co. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Lorenz Manufacturing Co likely benchmarks its salaries against other companies in the MFG Durable sector. You can explore how these factors play out in our detailed salary data.

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