Cambridge Tool & Mfg Co Inc Salary

How much does the Cambridge Tool & Mfg Co Inc Pay for employees?

As of August 2026, the average annual salary for employees at Cambridge Tool & Mfg Co Inc in the United States is $95,839. This translates to an approximate hourly wage of $46. Salaries at Cambridge Tool & Mfg Co Inc typically range from $84,414 to $108,148 annually, reflecting the diverse roles and experience levels within the company. Cambridge Tool & Mfg Co Inc’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
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.

How Much Does Cambridge Tool & Mfg Co Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Cambridge Tool & Mfg Co Inc. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
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.
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Current Job Openings at Cambridge Tool & Mfg Co Inc

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

Is Cambridge Tool & Mfg Co Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Cambridge Tool & Mfg Co Inc’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Cambridge Tool & Mfg Co Inc
MFG Durable
Forrester Manufacturing Co Inc
Electromark Co
Industry Comparison
Our data shows that, on average, compensation at Cambridge Tool & Mfg Co Inc is below the average for the U.S. MFG Durable industry by approximately 21%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Cambridge Tool & Mfg Co Inc average annual salary with several similar companies. Cambridge Tool & Mfg Co Inc average salary of $95,839 is higher than Forrester Manufacturing Co Inc, which has an average salary of $87,643. It is higher than Electromark Co, with their average salary at $86,863. This places Cambridge Tool & Mfg Co Inc in a competitive position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

Employee Reviews: Working at Cambridge Tool & Mfg Co Inc

Considering a career at Cambridge Tool & Mfg Co 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.
Great teamwork across all departments. Efficient workflows improved by skilled, dedicated staff. Our manufacturing processes are constantly reviewed and refined to keep us competitive and efficient. The manufacturing company maintains a strong focus on teamwork, which leads to efficient production and high-quality products. I feel respected and valued for my contributions, and the leadership team ...
The shift schedule is consistent but rigid. Equipment functions well most of the time. Training is sufficient but could be more comprehensive. Even when the workload is high, the team pulls together.
Workload fluctuations can cause stress during busy seasons. Employees are dedicated, but management changes affect stability. The work environment is positive and collaborative, with regular recognition of employee contributions.

Cambridge Tool & Mfg Co Inc Overview

Website
www.cambridgetool.com
Founded In
1945
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
67 Faulkner St North Billerica Massachusetts MA 01862
Revenue
<$5 Million
Phone Number
+1 9786678400
Social Media
About Cambridge Tool & Mfg Co Inc
Visit us here in New England where we've been serving customers worldwide since 1945. We'll show you how we carry on Cambridge Tool's reputation for quality, reliability, personal service, and value. Once you see how we do it, you'll want us to do it for you!

What Benefits Does Cambridge Tool & Mfg Co Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Cambridge Tool & Mfg Co 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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What Is the Cost of Living Near Lowell?

Understanding the cost of living near Lowell is key to truly evaluating a salary offer or your current compensation at Cambridge Tool & Mfg Co Inc.
Lowell's Cost of Living Index is approximately 115.8 (15.8% more expensive than US average; 12.7% less than MA average). Merrimack Valley city, historic mills, housing more affordable than Boston. LRTA bus, Commuter Rail. When planning your budget based on a salary from Cambridge Tool & Mfg Co Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,300+ A significant portion of Cambridge Tool & Mfg Co Inc salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (LRTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $660 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,070 - $4,720+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Cambridge Tool & Mfg Co Inc

1. How much does a Cambridge Tool & Mfg Co Inc employee make?

Cambridge Tool & Mfg Co Inc pays its employees an average of $95,839 per year. The average salary at Cambridge Tool & Mfg Co Inc range from $84,414 to $108,148 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. Which similar company tend to pay more or less than Cambridge Tool & Mfg Co Inc?

The salary at Cambridge Tool & Mfg Co Inc is higher than the similar company. The average annual salary at Cambridge Tool & Mfg Co Inc is $95,839, or an hourly wage of $46, in comparison to Forrester Manufacturing Co Inc which pays $87,643 per year or $42 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Cambridge Tool & Mfg Co Inc?

In many roles at Cambridge Tool & Mfg Co Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Lowell affect the perceived value of a Cambridge Tool & Mfg Co Inc salary?

Lowell's Cost of Living Index is approximately 115.8 (15.8% more expensive than US average; 12.7% less than MA average). This significantly impacts the purchasing power of a salary from Cambridge Tool & Mfg Co Inc based there. Our "Cost of Living Insights for Lowell" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Cambridge Tool & Mfg Co Inc typically offer employees?

Cambridge Tool & Mfg Co Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Cambridge Tool & Mfg Co Inc" section on this page.