Michigan Industrial Tools Salary

Michigan Industrial Tools Salary

How Much Does Michigan Industrial Tools Pay for employees?

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As of August 2026, the average annual salary for employees at Michigan Industrial Tools in the United States is $73,374. This translates to an approximate hourly wage of $35. Salaries at Michigan Industrial Tools typically range from $64,528 to $83,261 annually, reflecting the diverse roles and experience levels within the company. Michigan Industrial Tools’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 Michigan Industrial Tools Pay for Different Roles?

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.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

Digital Marketing & Content Specialist

$114,029 / year

Salary Range: $101,095 - $128,388

Digital Marketing

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

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.

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Michigan Industrial Tools.
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About Michigan Industrial Tools: Company Profile

Website
www.mit-tool.com
Founded In
1963
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Location
GRAND RAPIDS
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About MICHIGAN INDUSTRIAL TOOLS
We're a family-owned company in Grand Rapids, Michigan. Our team is united by a single mission: to make the world's best hand tools accessible to every person. We start by designing products we personally believe in and want to own ourselves. We're independent thinkers, creative collaborators, and empathetic leaders who truly care about the products we make and the experience we provide our users.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Michigan Industrial Tools's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Hard work gets recognized. It’s a good starting point, not a long-term goal. Experienced supervisors guide production with precision. The culture is professional but somewhat rigid and bureaucratic.
Commented in March 01, 2025
29
3
Excellent teamwork and communication across shifts. The processes are well-documented, and production targets are realistic. In an ever-changing industry, they've consistently shown strength and a forward-thinking approach. I appreciate the company's focus on continuous improvement, not just in our products but in our processes and work environment. Leadership encourages professional growth and pr...
Commented in November 29, 2024
19
0
There’s room to take initiative and suggest process improvements. Compensation and benefits are competitive, including profit sharing and excellent healthcare. It won’t excite you, but it likely won’t frustrate you either.
Commented in November 10, 2024
49
2
A genuinely efficient operation. Employees are provided with the tools and training needed to succeed. There aren’t many surprises, and schedules are predictable. The culture emphasizes safety, accountability, and continuous improvement, and managers are visible and approachable.
Commented in March 22, 2024
30
1

How Michigan Industrial Tools's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Michigan Industrial Tools’s pay competitiveness. Click on a company for a deeper dive.

Is Michigan Industrial Tools’s Pay Competitive? Salary Benchmarking Analysis

How does Michigan Industrial Tools’s compensation stack up against the market? This analysis visualizes their 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)
Michigan Industrial Tools
MFG Durable
CAMBRIDGE SPECIALTY COMPANY
PORT AUSTIN LEVEL & TOOL MANUFACTURING COMPANY
Industry Comparison
Our data shows that, on average, compensation at Michigan Industrial Tools is below the average for the U.S. MFG Durable industry by approximately 40%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Michigan Industrial Tools average annual salary with several similar companies. Michigan Industrial Tools average salary of $73,374 is lower than CAMBRIDGE SPECIALTY COMPANY, which has an average salary of $83,639. It is higher than PORT AUSTIN LEVEL & TOOL MANUFACTURING COMPANY, with their average salary at $71,230. This places Michigan Industrial Tools 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.

What Is the Cost of Living Near Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Michigan Industrial Tools.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Michigan Industrial Tools, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Michigan Industrial Tools salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Michigan Industrial Tools

FAQ 1: What is the typical salary range (low to high) for most roles at Michigan Industrial Tools?
The typical annual salary range for most roles at Michigan Industrial Tools is approximately from $64,528 to $83,261. 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.
FAQ 2: How much does Michigan Industrial Tools pay compared to CAMBRIDGE SPECIALTY COMPANY?
The average annual salary at Michigan Industrial Tools is $73,374, or an hourly wage of $35, in comparison to CAMBRIDGE SPECIALTY COMPANY which pays $83,639 per year or $40 per hour.
FAQ 3: How does experience level affect salary at Michigan Industrial Tools?
Experience level is a significant factor in determining salary at Michigan Industrial Tools, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
FAQ 4: How can I determine if a salary offer from Michigan Industrial Tools in Grand Rapids is fair given the local cost of living?
To determine if a salary offer from Michigan Industrial Tools in Grand Rapids is fair, first compare the gross salary to our data for similar roles at Michigan Industrial Tools and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Grand Rapids" to understand its purchasing power.
FAQ 5: Why might an individual's actual salary at Michigan Industrial Tools differ from the ranges shown here?
An individual's actual salary at Michigan Industrial Tools can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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