Precision Forging Ltd Salary

As of July 2026, the average annual salary for employees at Precision Forging Ltd in the United States is $76,157. This translates to an approximate hourly wage of $37. Salaries at Precision Forging Ltd typically range from $67,077 to $85,943 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Precision Forging Ltd Pay for Different Roles?

Explore detailed salary information for specific jobs at Precision Forging Ltd. Based on our data, the highest paying job is the Director Development, with an annual salary of $83,935. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Precision Forging Ltd

Ready for your next career move? Explore current job openings at Precision Forging Ltd. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Precision Forging Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Precision Forging Ltd'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
Superex Industries $105,585
+38.6%
Reflects a supply-demand imbalance for the specific talent Superex Industries targets.
Grand River Tool & Engineering Inc $90,945
+19.4%
Reflects structural premiums typical of Grand River Tool & Engineering Inc's large-cap national operations.
Asia Int'l Enterprise Ltd $86,251
+13.3%
Supported by Asia Int'l Enterprise Ltd's high-margin contracts allowing higher overhead.
Incoresoft Co $87,369
+14.7%
Adjusted for higher cost-of-living indices in Incoresoft Co's primary metro hubs.
MFG Durable Industry $121,746
+59.9%
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 Precision Forging Ltd

Considering a career at Precision Forging Ltd? 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.
Safety drills and PPE availability show that employee well-being is taken seriously. There’s a decent balance between routine and task variation. This company knows how to create a structured yet rewarding work environment. Leadership offers general direction but little individualized support. The focus on producing quality work is high, but the pressure is never overwhelming. Regular training, re...
Management is fair and consistent in their decisions. Those who show initiative and reliability are quickly noticed and rewarded. Modern machinery increases production speed and quality. Reliable schedule and stable job security. Cross-training opportunities allow workers to develop diverse skills and enhance their careers.
The company offers competitive pay and benefits, but workplace culture can feel formal and structured. You feel appreciated and respected here. Support staff are competent but overstretched.

Precision Forging Ltd Overview

Website
www.nsrforging.com
Founded In
2000
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
312 Shadowood Dr Johnson City Tennessee TN 37604
Revenue
<$5 Million
Phone Number
+1 4237376803
Social Media
About Precision Forging Ltd
Precision Forging Provides complete solutions of customer's needs. By adopting advanc techniques, CAD / CAM, we develop components according to customer's print or as per sample provided by the customer [Reverse Engineering]. We also re-design existing components according to customer's requirement. All these process are carried out by independent process are carried out by independent resources d

What Benefits Does Precision Forging Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Precision Forging Ltd 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 Johnson City?

Understanding the cost of living near Johnson City is key to truly evaluating a salary offer or your current compensation at Precision Forging Ltd.
Johnson City's Cost of Living Index is approximately 83.7 (16.3% less expensive than US average; 7.2% less than TN average). Tri-Cities area (ETSU), affordable. JCT. When planning your budget based on a salary from Precision Forging Ltd, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of Precision Forging Ltd salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 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 $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,020 - $3,210+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Precision Forging Ltd

1. How much does Precision Forging Ltd in the United States pay?

Precision Forging Ltd pays its employees an average of $76,157 per year. The average salary at Precision Forging Ltd range from $67,077 to $85,943 per year. 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. Do Precision Forging Ltd employees get a higher salary than its peer company?

The salary at Precision Forging Ltd is lesser than its peer company. The average annual salary at Precision Forging Ltd is $76,157, or an hourly wage of $37, in comparison to Superex Industries which pays $105,585 per year or $51 per hour.

3. How much does salary increase with years of experience at Precision Forging Ltd?

Salary progression with years of experience at Precision Forging Ltd is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Precision Forging Ltd vary by office location?

Yes, it's very likely that salaries at Precision Forging Ltd vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Johnson City section provides more context.

5. Does Precision Forging Ltd offer good benefits?

Precision Forging Ltd typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Precision Forging Ltd" section on this page.