Lorom Industrial Co Ltd Salary

How much does the Lorom Industrial Co Ltd Pay for employees?

As of August 2026, the average annual salary for employees at Lorom Industrial Co Ltd in the United States is $93,540. This translates to an approximate hourly wage of $45. Salaries at Lorom Industrial Co Ltd typically range from $82,334 to $105,660 annually, reflecting the diverse roles and experience levels within the company. Lorom Industrial Co Ltd’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 Lorom Industrial Co Ltd Pay for Different Roles?

Explore detailed salary information for specific jobs at Lorom Industrial Co Ltd. 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 Lorom Industrial Co Ltd

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

Is Lorom Industrial Co Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Lorom Industrial Co Ltd’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)
Lorom Industrial Co Ltd
MFG Durable
Alpha Grainger Manufacturing Inc
American Steel Fabricators
Industry Comparison
Our data shows that, on average, compensation at Lorom Industrial Co Ltd is below the average for the U.S. MFG Durable industry by approximately 23%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Lorom Industrial Co Ltd average annual salary with several similar companies. Lorom Industrial Co Ltd average salary of $93,540 is lower than Alpha Grainger Manufacturing Inc, which has an average salary of $101,440. It is higher than American Steel Fabricators, with their average salary at $88,593. This places Lorom Industrial Co Ltd 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 Lorom Industrial Co Ltd

Considering a career at Lorom Industrial Co Ltd? 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.
Management is approachable and solutions-oriented. This culture of appreciation boosts morale and motivates everyone to do their best work consistently. The employee recognition programs make hard work feel valued. Benefits are decent, and the work atmosphere is upbeat. This organization offers a stable work environment with a strong emphasis on safety and quality control.
The management style is hands-off. Management encourages professional growth and offers frequent training programs. The work environment is positive, and there's a strong emphasis on teamwork and achieving collective goals. The work-life balance is surprisingly good for a manufacturing environment. Leadership is approachable and invests in employee growth through ongoing training programs. Equipme...
Our facility runs smoothly thanks to clear communication, dedicated teams, and strong leadership. The scale of operations - across multiple plants - provides stability and opportunities to work on diverse projects. The manufacturing environment is fast-paced but supportive. The work environment is professional but sometimes bureaucratic and resistant to change. The teamwork at this manufacturing p...
Management supports continuous improvement and innovation. Our manufacturing processes are constantly reviewed and refined to keep us competitive and efficient. Advancement opportunities exist. The leadership team encourages feedback and new ideas. Scheduling is predictable, and the pay is competitive with the industry.
Communication between shifts could be improved. Management regularly solicits our valuable feedback, actively listens to our concerns, and diligently works to enhance our overall experience, clearly demonstrating that they genuinely care about our professional fulfillment and well-being. Managers keep lines of communication open, and hard work doesn’t go unnoticed.

Lorom Industrial Co Ltd Overview

Website
www.lorom.com
Founded In
1988
Employees
100 - 200 employees
Industry
MFG Durable
Headquarter Address
1005 Slater Rd Durham North Carolina NC 27703
Revenue
$10 Million - $50 Million
Phone Number
+1 9195355830
Social Media
About Lorom Industrial Co Ltd
Lorom Industrial Company is global manufacturing with local support for cable and electronic assembly.

What Benefits Does Lorom Industrial Co Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lorom Industrial Co Ltd 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 Durham?

Understanding the cost of living near Durham is key to truly evaluating a salary offer or your current compensation at Lorom Industrial Co Ltd.
Durham's Cost of Living Index is approximately 101.5 (1.5% more expensive than US average; 5.7% more than NC average). Research Triangle Park (Duke Univ.), revitalized downtown, housing above US avg. GoDurham/GoTriangle. When planning your budget based on a salary from Lorom Industrial Co Ltd, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,350 - $2,000+ A significant portion of Lorom Industrial Co Ltd salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GoDurham monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,730 - $4,250+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lorom Industrial Co Ltd

1. What is the estimated average total compensation at Lorom Industrial Co Ltd?

Salary.com estimates that the average total compensation package at Lorom Industrial Co Ltd, which can include base salary, potential bonuses, and benefits, is around $93,540 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Lorom Industrial Co Ltd pay compared to Alpha Grainger Manufacturing Inc?

The average annual salary at Lorom Industrial Co Ltd is $93,540, or an hourly wage of $45, in comparison to Alpha Grainger Manufacturing Inc which pays $101,440 per year or $49 per hour.

3. Do salaries differ significantly between departments at Lorom Industrial Co Ltd?

Yes, salaries often differ between departments at Lorom Industrial Co Ltd due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Lorom Industrial Co Ltd?

Salary progression from an entry-level to a senior role at Lorom Industrial Co Ltd can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Lorom Industrial Co Ltd in Durham is fair given the local cost of living?

To determine if a salary offer from Lorom Industrial Co Ltd in Durham is fair, first compare the gross salary to our data for similar roles at Lorom Industrial Co Ltd and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Durham" to understand its purchasing power.

6. Are promotions at Lorom Industrial Co Ltd usually accompanied by a significant salary increase?

Yes, promotions at Lorom Industrial Co Ltd are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.