As of August 2026, the average salary for Mechanical Engineer at Peerless Machine & Tool Corp in the United States is $89,481 per year, which is equivalent to an hourly rate of approximately $43. Most salaries for this position fall within the range of $82,886 to $96,164 annually.
View detailed salary information by job role at Peerless Machine & Tool Corp. This section highlights salary ranges and average pay across different job categories to help you understand potential earnings and compensation within the company.
$668,312 / year
Salary Range: $511,937 - $841,325
Executive
$668,312 / year
Salary Range: $511,937 - $841,325
Executive
$254,305 / year
Salary Range: $210,697 - $304,794
Operations
$200,037 / year
Salary Range: $170,484 - $229,278
Finance
$118,632 / year
Salary Range: $107,966 - $128,633
Engineering Management
$105,066 / year
Salary Range: $90,508 - $120,397
Sales
$100,657 / year
Salary Range: $90,972 - $110,987
Procurement/Purchasing
$90,276 / year
Salary Range: $83,742 - $96,229
Electrical Engineering
$53,766 / year
Salary Range: $48,527 - $58,653
Production
$44,894 / year
Salary Range: $40,177 - $49,327
Manufacturing
To succeed and maximize your earning potential as a Mechanical Engineer at Peerless Machine & Tool Corp, a specific set of skills is crucial. The competencies listed below are highly valued. Explore the skills that can boost your compensation.
| Skills | Level of importance | Description |
|---|---|---|
| Mechanical Engineering | Mechanical engineering is the discipline that applies engineering, physics, engineering mathematics, and materials science principles to design, analyze, manufacture, and maintain mechanical systems. | |
| Analysis | Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it. | |
| HVAC | Designing, developing, maintaining, and updating Heating, Ventilation, Air-conditioning and Cooling system. | |
| CAD |
Computer-aided design is the use of computers to aid in the creation, modification, analysis, or optimization of a design.
|
|
| Futures |
Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
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Understanding the career path for a Mechanical Engineer can help you plan long-term professional growth. Below is a typical career progression for a Mechanical Engineer, highlighting common next-step roles and opportunities for increased responsibility and compensation.
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