Tool Design Engineer Salary at Ferco Tech Corp BETA

How much does a Ferco Tech Corp Tool Design Engineer make?

25% $84,633 10% $74,940 90% $109,006 75% $102,497 $95,344 50%(Median)

As of August 2026, the average salary for Tool Design Engineer at Ferco Tech Corp in the United States is $95,344 per year, which is equivalent to an hourly rate of approximately $46. Most salaries for this position fall within the range of $84,633 to $102,497 annually.

The exact salary offered will depend on factors such as a candidate's years of experience, skills, department 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.

Key Skills & Their Impact on a Tool Design Engineer at Ferco Tech Corp?

To succeed and maximize your earning potential as a Tool Design Engineer at Ferco Tech Corp, a specific set of skills is crucial. The competencies listed below are highly valued. Explore the skills that can boost your compensation.

Skills Level of importance Description
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Bidding
Bidding is an offer (often competitive) to set a price tag by an individual or business for a product or service or a demand that something be done.
Quotations
A quotation is the repetition of a sentence, phrase, or passage from speech or text that someone has said or written.
Pricing
Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
Construction Estimating
Forecasting the total costs of building a structure to prevent business loss and protect profit margin.

Tool Design Engineer Career Path and Growth Opportunities

Understanding the career path for a Tool Design Engineer can help you plan long-term professional growth. Below is a typical career progression for a Tool Design Engineer, highlighting common next-step roles and opportunities for increased responsibility and compensation.

Ferco Tech Corp Overview

Website
www.fercoaerospacegroup.com
Founded In
1984
Employees
100 - 200 employees
Industry
MFG Durable
Headquarter Address
291 Conover Dr Franklin Ohio OH 45005
Revenue
$10 Million - $50 Million
Phone Number
+1 9377467177
Social Media
About Ferco Tech Corp
Ferco Tech Corporation manufactures aircraft engine components including engine brackets, clips, tubes, and fixtures. L&E Engineering's manufacturing experience can handle the most complex sheet metal brackets and small fabrications, as well as rigid tubes for jet engines. GGF is a highly efficient, quick turn sourcing solution for customers seeking alternatives to a complicated supply chain.

Companies Similar to Ferco Tech Corp

Explore other companies related to Ferco Tech Corp within the same industry. Compare company profiles, services, and insights to see how Ferco Tech Corp aligns with its peers. Click a company to learn more.

FAQ about Salary and Jobs at Ferco Tech Corp

FAQ 1: How much does Ferco Tech Corp pay per hour?
The average hourly pay is $46. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
FAQ 2: What is the highest salary at Ferco Tech Corp?
According to the data, the highest approximate salary is about $102,497 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
FAQ 3: What is the lowest pay at Ferco Tech Corp?
According to the data, the lowest estimated salary is about $84,633 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
FAQ 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.