Taurus Tool & Engineering Inc Salary

As of April 2026, the average annual salary for employees at Taurus Tool & Engineering Inc in the United States is $83,878. This translates to an approximate hourly wage of $40. Salaries at Taurus Tool & Engineering Inc typically range from $73,858 to $94,673 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Taurus Tool & Engineering Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Taurus Tool & Engineering Inc. Based on our data, the highest paying job is the Design Engineer, with an annual salary of $102,453. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Taurus Tool & Engineering Inc

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

Is Taurus Tool & Engineering Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Taurus Tool & Engineering 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
Dahlstrom Roll Form $86,314
+2.9%
Indicates identical technical requirements and experience levels between the two firms.
Precise Tooling Solutions Inc $84,300
+0.5%
Confirms Precise Tooling Solutions Inc is a direct competitor vying for the exact same talent pool.
Alexander Machine & Tool Company Inc $100,195
+19.5%
Reflects structural premiums typical of Alexander Machine & Tool Company Inc's large-cap national operations.
X-Y Tool & Die Inc $87,274
+4.0%
Reflects a supply-demand imbalance for the specific talent X-Y Tool & Die Inc targets.
MFG Durable Industry $121,746
+45.1%
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.

Employee Reviews: Working at Taurus Tool & Engineering Inc

Considering a career at Taurus Tool & Engineering 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.
Benefits are decent. Tasks are routine and predictable, with limited opportunity to contribute beyond your main role. Promotions occur but are infrequent. I’ve been with this company for several years, and the positive culture has been consistent. It’s a place where everyone’s role contributes to long-term company success and employee satisfaction.
Recognition initiatives regularly highlight employee contributions, creating a positive and motivating work environment. Management is also very understanding and responsive to employee needs. Employees appreciate the flexible scheduling options and recognition programs that celebrate achievements. Training programs enhance technical and leadership skills. There’s job security, but few chances to ...
The training programs are exceptional, keeping us at the forefront of lean manufacturing and Industry 4. Clean facility, modern equipment, and safe practices. Comprehensive training enhances team skills and knowledge.

Taurus Tool & Engineering Inc Overview

Website
www.taurustool.com
Founded In
1976
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
4401 S Delaware Dr Muncie Indiana IN 47302
Revenue
$5 Million - $10 Million
Phone Number
+1 7652822090
Social Media
About Taurus Tool & Engineering Inc
Taurus Tool & Engineering, Inc. is a central Indiana company, supplying the North American and worldwide manufacturing community with tools, dies, special machines and contract machining. Our primary customers are Aerospace, Automotive, Food Service and Clean Energy companies. We have been continuously operating in our current facility (10 miles NE of Anderson, Indiana) for the past 40 years. Our

What Benefits Does Taurus Tool & Engineering Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Taurus Tool & Engineering 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Muncie?

Understanding the cost of living near Muncie is key to truly evaluating a salary offer or your current compensation at Taurus Tool & Engineering Inc.
Muncie's Cost of Living Index is approximately 75.3 (24.7% less expensive than US average; 16.9% less than IN average). Home to Ball State University, very affordable housing. MITS bus. When planning your budget based on a salary from Taurus Tool & Engineering Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $650 - $1,000+ A significant portion of Taurus Tool & Engineering Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (MITS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $520 Can be higher with more dining out or specialty stores.
Personal & Leisure $250 - $500+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $330 - $620+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,760 - $2,880+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Taurus Tool & Engineering Inc

1. What is the typical salary range (low to high) for most roles at Taurus Tool & Engineering Inc?

The typical annual salary range for most roles at Taurus Tool & Engineering Inc is approximately from $73,858 to $94,673. 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 Taurus Tool & Engineering Inc pay compared to Dahlstrom Roll Form?

The average annual salary at Taurus Tool & Engineering Inc is $83,878, or an hourly wage of $40, in comparison to Dahlstrom Roll Form which pays $86,314 per year or $41 per hour.

3. How does experience level affect salary at Taurus Tool & Engineering Inc?

Experience level is a significant factor in determining salary at Taurus Tool & Engineering 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.

4. How can I determine if a salary offer from Taurus Tool & Engineering Inc in Muncie is fair given the local cost of living?

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

5. Why might an individual's actual salary at Taurus Tool & Engineering Inc differ from the ranges shown here?

An individual's actual salary at Taurus Tool & Engineering Inc can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.