Midwest Industrial Tool Grinding Inc Salary

As of August 2026, the average annual salary for employees at Midwest Industrial Tool Grinding Inc in the United States is $89,173. This translates to an approximate hourly wage of $43. Salaries at Midwest Industrial Tool Grinding Inc typically range from $78,504 to $100,709 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Midwest Industrial Tool Grinding Inc

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Is Midwest Industrial Tool Grinding Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Midwest Industrial Tool Grinding 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
Drill America Inc $91,905
+3.1%
Reflects a supply-demand imbalance for the specific talent Drill America Inc targets.
Plastech Corp $99,278
+11.3%
Reflects structural premiums typical of Plastech Corp's large-cap national operations.
Atscott Mfg Inc $93,540
+4.9%
Supported by Atscott Mfg Inc's high-margin contracts allowing higher overhead.
CMI Coatings Group Inc $101,693
+14.0%
Driven by niche technical certifications required for CMI Coatings Group Inc's specialized projects.
MFG Durable Industry $121,746
+36.5%
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 Midwest Industrial Tool Grinding Inc

Considering a career at Midwest Industrial Tool Grinding 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.
A very professional company that offers stability and growth. A stable, rewarding job with growth options. Processes are established, though rarely optimized. While it’s nice to have a routine, it can also become monotonous over time. Communication is adequate but could improve for better efficiency.
That’s great for consistency, but there’s little room for individual creativity or experimentation. There's strong communication between shifts and departments. Communication is clear but sometimes inconsistent. The validation documentation exceeded FDA audit requirements. Benefits are standard and it is somehow exceptional. They also provide great benefits and flexibility for work-life balance. T...
The work environment is safe, clean, and well-organized, contributing to overall job satisfaction and productivity for everyone on the team. What stands out is the culture of mutual respect across all levels and departments. Adequate for stability, less ideal for growth.

Midwest Industrial Tool Grinding Inc Overview

Website
www.mitgi.us
Founded In
1993
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
45 W Highland Park Dr NE Hutchinson Minnesota MN 55350
Revenue
$10 Million - $50 Million
Phone Number
+1 3204550535
Social Media
About Midwest Industrial Tool Grinding Inc
Midwest Industrial Tool Grinding, Inc. (MITGI) manufactures Standard and Custom Cutting Tools that are built to tighter tolerances than most tools on the market. Combining innovation with quality and repeatability, MITGI tools have become the product of choice in many R&D departments and manufacturing facilities.

What Benefits Does Midwest Industrial Tool Grinding Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Midwest Industrial Tool Grinding 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Midwest Industrial Tool Grinding Inc.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Midwest Industrial Tool Grinding Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Midwest Industrial Tool Grinding Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Midwest Industrial Tool Grinding Inc

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

The typical annual salary range for most roles at Midwest Industrial Tool Grinding Inc is approximately from $78,504 to $100,709. 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 Midwest Industrial Tool Grinding Inc pay compared to Drill America Inc?

The average annual salary at Midwest Industrial Tool Grinding Inc is $89,173, or an hourly wage of $43, in comparison to Drill America Inc which pays $91,905 per year or $44 per hour.

3. Do salaries differ significantly between departments at Midwest Industrial Tool Grinding Inc?

Yes, salaries often differ between departments at Midwest Industrial Tool Grinding 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 Midwest Industrial Tool Grinding Inc?

Experience level is a significant factor in determining salary at Midwest Industrial Tool Grinding 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 Midwest Industrial Tool Grinding Inc in Minneapolis is fair given the local cost of living?

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

6. What factors influence salary increases at Midwest Industrial Tool Grinding Inc?

Salary increases at Midwest Industrial Tool Grinding 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.