Precision Punch & Plastics Salary

As of April 2026, the average annual salary for employees at Precision Punch & Plastics in the United States is $95,945. This translates to an approximate hourly wage of $46. Salaries at Precision Punch & Plastics typically range from $84,378 to $108,489 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Precision Punch & Plastics Pay for Different Roles?

Explore detailed salary information for specific jobs at Precision Punch & Plastics. Based on our data, the highest paying job is the Manager, Purchasing, with an annual salary of $111,860. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Precision Punch & Plastics

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

Is Precision Punch & Plastics’s Pay Competitive? Salary Benchmarking Analysis

How does Precision Punch & Plastics'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
Citizens Companies $104,077
+8.5%
Influenced by prevailing union wage agreements specific to Citizens Companies's sector.
Pit Bull Jeans $87,475
-8.8%
Typical compensation structure for smaller regional agencies like Pit Bull Jeans.
Abitech $103,012
+7.4%
Data suggests Abitech's workforce skews heavily towards veteran, high-tenure roles.
Central Supply & Metal Co $89,015
-7.2%
Reflects market rates for standard general contracting, differing from specialized roles.
Retail & Wholesale Industry $123,318
+28.5%
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 Precision Punch & Plastics

Considering a career at Precision Punch & Plastics? 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.
I’ve had a wonderful experience working here. Employees are given the freedom to innovate, which keeps the work engaging. I love the dynamic culture at this company. The company also offers good incentives. The benefits package is standard, and the work environment is professional.
Nothing outstanding but no issues either. Colleagues are friendly and always willing to help, making teamwork seamless. Decent place to gain experience. The retail space is clean, and schedules are fair. While no workplace is perfect, the positives far outweigh any minor challenges. Overall, it’s a decent place to work.
It’s a stable workplace with a focus on steady progress rather than rapid changes. I joined this company a year ago, and it’s been a positive experience. The company also hosts regular team-building events, which foster a strong sense of community. The team is professional, though not overly social.

Precision Punch & Plastics Overview

Website
www.precisionpunch.com
Founded In
1958
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
6100 Blue Circle Dr Hopkins Minnesota MN 55343
Revenue
$5 Million - $10 Million
Phone Number
+1 9529330993
Social Media
About Precision Punch & Plastics
Precision Punch & Plastics specializes in component solutions for molders, mold makers and die casters. High quality mold and die components are a key part of our inventory. We stock a comprehensive line, ready to ship to fill your order. PPP is ready and able to support every aspect of growing businesses like yours.

What Benefits Does Precision Punch & Plastics Offer Beyond Salary?

A competitive compensation package is more than just a salary. Precision Punch & Plastics 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 Precision Punch & Plastics.
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 Precision Punch & Plastics, 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 Precision Punch & Plastics 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 Precision Punch & Plastics

1. How much does Precision Punch & Plastics in the United States pay?

Precision Punch & Plastics pays its employees an average of $95,945 per year. The average salary at Precision Punch & Plastics range from $84,378 to $108,489 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 Punch & Plastics employees get a higher salary than its peer company?

The salary at Precision Punch & Plastics is lesser than its peer company. The average annual salary at Precision Punch & Plastics is $95,945, or an hourly wage of $46, in comparison to Citizens Companies which pays $104,077 per year or $50 per hour.

3. How much does salary increase with years of experience at Precision Punch & Plastics?

Salary progression with years of experience at Precision Punch & Plastics 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 Punch & Plastics vary by office location?

Yes, it's very likely that salaries at Precision Punch & Plastics 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 Minneapolis section provides more context.

5. Does Precision Punch & Plastics offer good benefits?

Precision Punch & Plastics 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 Punch & Plastics" section on this page.