Drake Extrusion Inc Salary

Drake Extrusion Inc Salary

How much does the Drake Extrusion Inc Pay for employees?

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of August 2026, the average annual salary for employees at Drake Extrusion Inc in the United States is $97,326. This translates to an approximate hourly wage of $47. Salaries at Drake Extrusion Inc typically range from $85,642 to $109,977 annually, reflecting the diverse roles and experience levels within the company. Drake Extrusion 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 Drake Extrusion Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Drake Extrusion 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.
How accurate does the salary look to you?

Current Job Openings at Drake Extrusion Inc

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

Is Drake Extrusion Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Drake Extrusion 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
180k
150k
120k
90k
60k
30k
0
Average Salary ($/year)
Drake Extrusion Inc
MFG Durable
Aerostar International Inc
Crem International
Industry Comparison
Our data shows that, on average, compensation at Drake Extrusion Inc is below the average for the U.S. MFG Durable industry by approximately 20%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Drake Extrusion Inc average annual salary with several similar companies. Drake Extrusion Inc average salary of $97,326 is lower than Aerostar International Inc, which has an average salary of $112,589. It is higher than Crem International, with their average salary at $96,345. This places Drake Extrusion Inc in a mid-range 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.

How Drake Extrusion Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Drake Extrusion Inc. Click a company name to learn more.

Employee Reviews: Working at Drake Extrusion Inc

Considering a career at Drake Extrusion 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.
Leadership is accessible and responsive to employee feedback. For anyone considering a career in manufacturing, I highly recommend this company. Consistent performance, high-quality standards, and excellent team coordination make this company stand out.
Commented in April 09, 2025
31
1
Leadership supports employee growth and skill development. Every employee contributes, and collaboration is encouraged across all teams. The hours are predictable, and the pay is fair for the work. Stress is managed well, and there’s a collective effort to overcome challenges without blame.
Commented in February 17, 2025
42
2
The company culture here exceeds all my expectations for manufacturing work. The communication channels are open, and employee feedback is genuinely encouraged and acted upon. The team dynamic on the floor is excellent, and support from engineering and logistics is consistent. It's inspiring to be part of an organization that values both operational excellence and its people equally. This company ...
Commented in January 07, 2025
29
3
Career growth is possible but often requires patience. The job becomes repetitive over time, but management stays out of the way if targets are met. This company redefines what modern manufacturing can be.
Commented in December 29, 2024
17
3
Production goals are challenging but fair, and there’s a real focus on hitting quality metrics. I’ve had nothing but good experiences working here. Working here means being part of a well-organized and efficient manufacturing operation.
Commented in January 28, 2024
12
3

Drake Extrusion Inc Overview

Website
www.drakeextrusion.com
Founded In
1995
Employees
200 - 500 employees
Industry
MFG Durable
Headquarter Address
PO Box 4868 Martinsville Virginia VA 24115
Revenue
$50 Million - $200 Million
Phone Number
+1 2766320159
Social Media
About Drake Extrusion Inc
Drake Extrusion is a manufacturer of colored staple and filament polypropylene fiber in Ridgeway, VA since 1995 . From automotive textiles to floor coverings and home furnishings, Drake supplies the finest quality polypropylene fiber. Drake Extrusion offers personalized service and flexibility of a custom supplier, backed by the resources of its parent company, International Fibres Group: a produc

What Benefits Does Drake Extrusion Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Drake Extrusion 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)
Work at Drake Extrusion Inc?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

What Is the Cost of Living Near Richmond?

Understanding the cost of living near Richmond is key to truly evaluating a salary offer or your current compensation at Drake Extrusion Inc.
Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). State capital, historic, arts/food scene, affordable housing. GRTC bus. When planning your budget based on a salary from Drake Extrusion Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Drake Extrusion Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GRTC monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,790+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Drake Extrusion Inc

1. How much does a Drake Extrusion Inc employee make?

Drake Extrusion Inc pays its employees an average of $97,326 per year. The average salary at Drake Extrusion Inc range from $85,642 to $109,977 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 Drake Extrusion Inc?

The salary at Drake Extrusion Inc is lesser than the similar company. The average annual salary at Drake Extrusion Inc is $97,326, or an hourly wage of $47, in comparison to Aerostar International Inc which pays $112,589 per year or $54 per hour.

3. How much does a Chief Financial Officer typically earn at Drake Extrusion Inc?

A Chief Financial Officer at Drake Extrusion Inc typically earns an average annual base salary of around $392,785, with a general range of $301,416 to $492,537.

4. Do employees with advanced degrees (Master's, PhD) earn more at Drake Extrusion Inc?

In many roles at Drake Extrusion 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.

5. How does the cost of living near Richmond affect the perceived value of a Drake Extrusion Inc salary?

Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). This significantly impacts the purchasing power of a salary from Drake Extrusion Inc based there. Our "Cost of Living Insights for Richmond" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Drake Extrusion Inc typically offer employees?

Drake Extrusion 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 Drake Extrusion Inc" section on this page.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning