Lock-Ridge Tool Co Salary

How much does the Lock-Ridge Tool Co Pay for employees?

As of August 2026, the average weekly salary for employees at Lock-Ridge Tool Co in the United States is $1,940. This translates to an approximate annual wage of $100,870. Salaries at Lock-Ridge Tool Co typically range from $1,708 to $2,190 weekly, reflecting the diverse roles and experience levels within the company. Lock-Ridge Tool Co’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 Lock-Ridge Tool Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Lock-Ridge Tool Co. 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 Lock-Ridge Tool Co

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

Is Lock-Ridge Tool Co’s Pay Competitive? Salary Benchmarking Analysis

How does Lock-Ridge Tool Co’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
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Average Salary ($/year)
Lock-Ridge Tool Co
MFG Durable
Drumloopz Music Licensing
Tottser-Iroquois Industries LLC
Industry Comparison
Our data shows that, on average, compensation at Lock-Ridge Tool Co is below the average for the U.S. MFG Durable industry by approximately 17%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Lock-Ridge Tool Co average annual salary with several similar companies. Lock-Ridge Tool Co average salary of $100,870 is lower than Drumloopz Music Licensing, which has an average salary of $102,822. It is higher than Tottser-Iroquois Industries LLC, with their average salary at $84,057. This places Lock-Ridge Tool Co 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.

Employee Reviews: Working at Lock-Ridge Tool Co

Considering a career at Lock-Ridge Tool Co? 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.
I've been consistently impresseddedication to employee safety and well-being. Facilities are designed with worker comfort in mind, including good ventilation and noise control measures. The company also supports local communities, which builds even more pride in the brand. Expectations are reasonable, and pay is fair. I enjoy the camaraderie on the production line.
Working here has been a positive experience from the start. Meetings are purposeful, and goals are achievable. The continuous improvement mindset keeps the job interesting and rewarding. Job security is very strong. The career growth opportunities are outstanding. The company structure is clearly defined. There’s a strong sense of unity and shared purpose among coworkers. Most importantly, there's...
The company's reputation for quality and reliability is well-deserved, solidifying its position as an industry leader. Proud to work in a company that values consistency, innovation, and continuous improvement every day. They provide ongoing training, encourage internal promotion, and maintain a very safe and respectful environment. I feel valued and respected, which makes me want to do my best. F...

Lock-Ridge Tool Co Overview

Website
www.lockridgetool.com
Founded In
1962
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
2000 Pomona Blvd Pomona California CA 91768
Revenue
$5 Million - $10 Million
Phone Number
+1 9098658309
Social Media
About Lock-Ridge Tool Co
Lock-Ridge Tool Co. was started in 1962 by Ashford (Jim) Clark a master Tool and Die maker. Originally a tool and die shop Jim saw the need to add production to the company's capabilities and started with a small Minster punch press. Over the next 15 years Lock-Ridge Tool rapidly grew the operation to over 10 punch presses ranging from 2 tons to 250 tons and 7 employees. It was not long before man

What Benefits Does Lock-Ridge Tool Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lock-Ridge Tool Co 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 Pomona?

Understanding the cost of living near Pomona is key to truly evaluating a salary offer or your current compensation at Lock-Ridge Tool Co.
Pomona's Cost of Living Index is approximately 125.8 (25.8% more expensive than US average; 10.0% less than CA average). LA County city (East), more affordable than central LA but housing is above US average. Cal Poly Pomona nearby. When planning your budget based on a salary from Lock-Ridge Tool Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,400+ A significant portion of Lock-Ridge Tool Co salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (Foothill Transit monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,080 - $4,650+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lock-Ridge Tool Co

1. How much does a Lock-Ridge Tool Co employee make?

Lock-Ridge Tool Co pays its employees an average of $100,870 per year. The average salary at Lock-Ridge Tool Co range from $88,822 to $113,867 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 Lock-Ridge Tool Co?

The salary at Lock-Ridge Tool Co is lesser than the similar company. The average annual salary at Lock-Ridge Tool Co is $100,870, or an hourly wage of $48, in comparison to Drumloopz Music Licensing which pays $102,822 per year or $49 per hour.

3. How much does a Director, Information Technology typically earn at Lock-Ridge Tool Co?

A Director, Information Technology at Lock-Ridge Tool Co typically earns an average annual base salary of around $188,614, with a general range of $172,153 to $205,072.

4. Do employees with advanced degrees (Master's, PhD) earn more at Lock-Ridge Tool Co?

In many roles at Lock-Ridge Tool Co, 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 Pomona affect the perceived value of a Lock-Ridge Tool Co salary?

Pomona's Cost of Living Index is approximately 125.8 (25.8% more expensive than US average; 10.0% less than CA average). This significantly impacts the purchasing power of a salary from Lock-Ridge Tool Co based there. Our "Cost of Living Insights for Pomona" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Lock-Ridge Tool Co typically offer employees?

Lock-Ridge Tool Co 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 Lock-Ridge Tool Co" section on this page.