Penz Products Inc Salary

How much does the Penz Products Inc Pay for employees?

As of August 2026, the average annual salary for employees at Penz Products Inc in the United States is $85,586. This translates to an approximate hourly wage of $41. Salaries at Penz Products Inc typically range from $75,361 to $96,600 annually, reflecting the diverse roles and experience levels within the company. Penz Products 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 Penz Products Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Penz Products 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 Penz Products Inc

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

Is Penz Products Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Penz Products Inc’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)
Penz Products Inc
MFG Durable
PTR Tool & Plastics
Alpha One Manufacturing Co. Ltd
Industry Comparison
Our data shows that, on average, compensation at Penz Products Inc is below the average for the U.S. MFG Durable industry by approximately 30%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Penz Products Inc average annual salary with several similar companies. Penz Products Inc average salary of $85,586 is higher than PTR Tool & Plastics, which has an average salary of $84,690. It is lower than Alpha One Manufacturing Co. Ltd, with their average salary at $105,448. This places Penz Products Inc 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 Penz Products Inc

Considering a career at Penz Products 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.
This company fosters a culture of excellence without sacrificing a positive work environment. Day-to-day work here is straightforward and repetitive, with few changes. I appreciate the company’s dedication to maintaining a structured and safe work environment. Training exists but can be uneven across departments.
Management recognizes hard work, and training is thorough. A great example of how manufacturing should be managed at this scale. Employees are trained well and supported with the tools they need to succeed.
I come in, do my job, and leave without too many issues. Promotion paths are available but competitive. The production facilities are modern and well-maintained, with cutting-edge automation that enhances our work rather than replacing it. The work atmosphere is professional, though sometimes rigid.
It’s a place where hard work is recognized and you feel like you're contributing to something meaningful. Safety practices meet regulations but lack extra initiatives. This manufacturing company is committed to employee safety and professional growth. Expectations are easy to meet, and leadership rarely interferes unless there’s an issue. Management is also very understanding and responsive to emp...
There's a clear chain of command, and everyone knows what’s expected. It’s a solid job where you feel like a valuable part of the team. The company supports ongoing training and skill development, ensuring long-term success for both employees and clients. Even when the workload is high, the team pulls together. The career growth opportunities are outstanding.

Penz Products Inc Overview

Website
www.penzproductsinc.com
Founded In
1956
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
1320 S Merrifield Ave Mishawaka Indiana IN 46544
Revenue
$5 Million - $10 Million
Phone Number
+1 5742554736
Social Media
About Penz Products Inc
Penz Products, Inc. was established in 1956 and is based in Mishawaka, Indiana. The company specializes in custom plastic & metal fabrication, forming, and stamping services. It provides the highest quality services for a wide range of markets & industries Recreation, Locomotive, Mass Transit Application, Automotive, Aviation & more.

What Benefits Does Penz Products Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Penz Products 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 Mishawaka?

Understanding the cost of living near Mishawaka is key to truly evaluating a salary offer or your current compensation at Penz Products Inc.
Mishawaka's Cost of Living Index is approximately 80.2 (19.8% less expensive than US average; 11.5% less than IN average). South Bend suburb, affordable housing. Transpo bus. When planning your budget based on a salary from Penz Products Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of Penz Products Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $35 (Transpo monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $570+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,995 - $3,195+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Penz Products Inc

1. What is the typical salary range (low to high) for most roles at Penz Products Inc?

The typical annual salary range for most roles at Penz Products Inc is approximately from $75,361 to $96,600. 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. How much does Penz Products Inc pay compared to PTR Tool & Plastics?

The average annual salary at Penz Products Inc is $85,586, or an hourly wage of $41, in comparison to PTR Tool & Plastics which pays $84,690 per year or $41 per hour.

3. Do salaries differ significantly between departments at Penz Products Inc?

Yes, salaries often differ between departments at Penz Products Inc 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. How does experience level affect salary at Penz Products Inc?

Experience level is a significant factor in determining salary at Penz Products Inc, 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.

5. How can I determine if a salary offer from Penz Products Inc in Mishawaka is fair given the local cost of living?

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

6. Are the salaries listed for Penz Products Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for Penz Products Inc, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.