Tooling Engineer Salary at Madison Precision Products Inc BETA

How much does a Madison Precision Products Inc Tooling Engineer make?

As of April 2025, the average annual salary for a Tooling Engineer at Madison Precision Products Inc is $66,789, which translates to approximately $32 per hour. Salaries for Tooling Engineer at Madison Precision Products Inc typically range from $59,430 to $69,395, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

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.

Madison Precision Products Inc Overview

Website:
madisonprecision.com
Size:
200 - 500 Employees
Revenue:
$50M - $200M
Industry:
MFG Durable

Madison Precision Products Inc. provides die-casting products. The Company casts and machines aluminum parts for the automotive industry. Madison Precision provides its products and related services in Madison, Indiana.

See similar companies related to Madison Precision Products Inc

What Skills Does a person Need at Madison Precision Products Inc?

At Madison Precision Products Inc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  2. CAD: Computer-aided design is the use of computers to aid in the creation, modification, analysis, or optimization of a design. This software is used to increase the productivity of the designer
  3. Bidding: Bidding is an offer (often competitive) to set a price tag by an individual or business for a product or service or a demand that something be done. Bidding is used to determine the cost or value of something.
  4. Quotations: A quotation is the repetition of a sentence, phrase, or passage from speech or text that someone has said or written. In oral speech, it is the representation of an utterance that is introduced by a quotative marker, such as a verb of saying.
  5. Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.

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Check more jobs information at Madison Precision Products Inc

Job Title Average Madison Precision Products Inc Salary Hourly Rate
2 Cleaner $25,781 $12
3 Inspector $68,602 $33
4 Maintenance Technician $58,364 $28
5 Maintenance Worker $52,496 $25
6 Manager $97,033 $47
7 Plant Maintenance $43,488 $21
8 Quality Assurance Specialist $89,530 $43
9 Assistant Plant Manager $145,563 $70
10 Cost Coordinator $112,401 $54
11 Die Cast Operator $40,492 $19
12 HR Coordinator $66,246 $32

Hourly Pay at Madison Precision Products Inc

The average hourly pay at Madison Precision Products Inc for a Tooling Engineer is $32 per hour. The location, department, and job description all have an impact on the typical compensation for Madison Precision Products Inc positions. The pay range and total remuneration for the job title are shown in the table below. Madison Precision Products Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $66,789 look to you?

FAQ about Salary and Jobs at Madison Precision Products Inc

1. How much does Madison Precision Products Inc pay per hour?
The average hourly pay is $32. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Madison Precision Products Inc?
According to the data, the highest approximate salary is about $69,395 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Madison Precision Products Inc?
According to the data, the lowest estimated salary is about $59,430 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.