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Taurus Tool & Engineering Inc Salary

Taurus Tool & Engineering Inc Salary

How much does the Taurus Tool & Engineering Inc Pay for employees?

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As of September 2026, the average hourly salary for employees at Taurus Tool & Engineering Inc in the United States is $40. This translates to an approximate annual wage of $83,878. Salaries at Taurus Tool & Engineering Inc typically range from $36 to $46 hourly, reflecting the diverse roles and experience levels within the company. Taurus Tool & Engineering 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 Taurus Tool & Engineering Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Taurus Tool & Engineering 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 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 market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
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Average Salary ($/year)
Taurus Tool & Engineering Inc
MFG Durable
Dahlstrom Roll Form
Precise Tooling Solutions Inc
Industry Comparison
Our data shows that, on average, compensation at Taurus Tool & Engineering Inc is below the average for the U.S. MFG Durable industry by approximately 31%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Taurus Tool & Engineering Inc average annual salary with several similar companies. Taurus Tool & Engineering Inc average salary of $83,878 is lower than Dahlstrom Roll Form, which has an average salary of $86,314. It is lower than Precise Tooling Solutions Inc, with their average salary at $84,300. This places Taurus Tool & Engineering Inc in a developing position among its peers.
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Companies Similar to Taurus Tool & Engineering Inc and Their Hourly Pay Rates

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

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.
Commented in April 02, 2025
46
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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 ...
Commented in July 19, 2024
43
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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.
Commented in March 02, 2024
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2

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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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. How much does Taurus Tool & Engineering Inc in the United States pay?

Taurus Tool & Engineering Inc pays its employees an average of $40 per hour. The average salary at Taurus Tool & Engineering Inc range from $36 to $46 per hour. 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. Do Taurus Tool & Engineering Inc employees get a higher salary than its peer company?

The salary at Taurus Tool & Engineering Inc is lesser than its peer company. 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 much does salary increase with years of experience at Taurus Tool & Engineering Inc?

Salary progression with years of experience at Taurus Tool & Engineering Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Taurus Tool & Engineering Inc vary by office location?

Yes, it's very likely that salaries at Taurus Tool & Engineering Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Muncie section provides more context.

5. Does Taurus Tool & Engineering Inc offer good benefits?

Taurus Tool & Engineering Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Taurus Tool & Engineering Inc" section on this page.

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