Toolmaker Salary at Toolrite BETA

How much does a Toolrite Toolmaker make?

As of March 2025, the average annual salary for a Toolmaker at Toolrite is $60,556, which translates to approximately $29 per hour. Salaries for Toolmaker at Toolrite typically range from $54,094 to $65,824, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Website:
toolrite.com
Size:
50 - 100 Employees
Revenue:
$10M - $50M
Industry:
MFG Durable

Toolrite Manufacturing Company, Inc. is a Wisconsin Corporation, established in May of 1967, by John and Bernhard Schreib. It was first housed at 3014 W. Cawker Place in Milwaukee, moved to 2465 S. 170th Street, New Berlin, in August of 1973 and has been located at 16400 W. Lincoln Avenue, New Berlin since January of 1987. John and Bernhard were both born in Berlin, Germany and came to the United States with their parents in August of 1956. At that time, John was already a Master Tailor, having served an apprenticeship in Germany. Bernie was just 14 at the time and in fall of that year, began freshman classes at Milwaukee Lutheran High School. After graduation, Bernie decided to pursue his dream of becoming a Tool & Die Maker, following in the footsteps of his father. It was while Bernie was working as a Tool & Die Trainee that John decided that he too would begin to study the trade. Bernie began an apprenticeship at AAA Tool & Die and John was soon serving his there as well. The brothers had discussed the possibility of forming their own business one day, and with both of them in the trade, their dream started to develop. In the early part of 1967, John and Bernie's parents were planning a move, which was indirectly the thing that made the brothers decide it was time to strike out on their own. It seemed that they had a small used lathe stored in the garage at their parent's home and it had to go! So, it was that small incident that started things rolling. From a small commercial area on the 2nd floor of a very old building, Toolrite has grown into a 57,000 square foot building. The facilities include offices, factory facilities, employee lunchroom, workout room, a gymnasium and racquetball court. The employees at Toolrite include Tool & Die Makers, Carbide Grinders, Machinists, Production Workers and Tool Designers. The services they offer include everything from designing a new machine to building it, carbide tools and the manufacturing of production pieces. This is a family business and the 2nd generation ...

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What Skills Does a person Need at Toolrite?

At Toolrite, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. CNC: Numerical control is the automated control of machining tools by means of a computer. A CNC machine processes a piece of material to meet specifications by following coded programmed instructions
  2. Welding: Welding is a fabrication or sculptural process that joins materials, usually metals or thermoplastics, by using high heat to melt the parts together and allowing them to cool causing fusion. Welding is distinct from lower temperature metal-joining techniques such as brazing and soldering, which do not melt the base metal. In addition to melting the base metal, a filler material is typically added to the joint to form a pool of molten material (the weld pool) that cools to form a joint that, based on weld configuration (butt, full penetration, fillet, etc.), can be stronger than the base material (parent metal). Pressure may also be used in conjunction with heat, or by itself, to produce a weld. Welding also requires a form of shield to protect the filler metals or melted metals from being contaminated or oxidized. Many different energy sources can be used for welding, including a gas flame (chemical), an electric arc (electrical), a laser, an electron beam, friction, and ultrasound. While often an industrial process, welding may be performed in many different environments, including in open air, under water, and in outer space. Welding is a hazardous undertaking and precautions are required to avoid burns, electric shock, vision damage, inhalation of poisonous gases and fumes, and exposure to intense ultraviolet radiation.
  3. Troubleshooting: Troubleshooting is a form of problem solving, often applied to repair failed products or processes on a machine or a system. It is a logical, systematic search for the source of a problem in order to solve it, and make the product or process operational again. Troubleshooting is needed to identify the symptoms. Determining the most likely cause is a process of elimination—eliminating potential causes of a problem. Finally, troubleshooting requires confirmation that the solution restores the product or process to its working state. In general, troubleshooting is the identification or diagnosis of "trouble" in the management flow of a system caused by a failure of some kind. The problem is initially described as symptoms of malfunction, and troubleshooting is the process of determining and remedying the causes of these symptoms. A system can be described in terms of its expected, desired or intended behavior (usually, for artificial systems, its purpose). Events or inputs to the system are expected to generate specific results or outputs. (For example, selecting the "print" option from various computer applications is intended to result in a hardcopy emerging from some specific device). Any unexpected or undesirable behavior is a symptom. Troubleshooting is the process of isolating the specific cause or causes of the symptom. Frequently the symptom is a failure of the product or process to produce any results. (Nothing was printed, for example). Corrective action can then be taken to prevent further failures of a similar kind.
  4. Communicates Effectively: Effective communication is the process of exchanging ideas, thoughts, opinions, knowledge, and data so that the message is received and understood with clarity and purpose.
  5. preventative maintenance: Developing and implementing maintenance strategies to increase equipment life expectancy and avoid unplanned downtime.

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Check more jobs information at Toolrite

Job Title Average Toolrite Salary Hourly Rate
2 Foreman $74,795 $36
3 Machinist $49,101 $24

Hourly Pay at Toolrite

The average hourly pay at Toolrite for a Toolmaker is $29 per hour. The location, department, and job description all have an impact on the typical compensation for Toolrite positions. The pay range and total remuneration for the job title are shown in the table below. Toolrite may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $60,556 look to you?

FAQ about Salary and Jobs at Toolrite

1. How much does Toolrite pay per hour?
The average hourly pay is $29. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Toolrite?
According to the data, the highest approximate salary is about $65,824 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Toolrite?
According to the data, the lowest estimated salary is about $54,094 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.