If you’re thinking about building a career in the capital goods sector, one of the first questions that comes to mind is: How much do these jobs actually pay?
The short answer — quite well, and often with excellent career growth prospects. But salaries vary widely depending on your role, skill level, and the specific industry segment.
What Are Capital Goods?
Capital goods are physical tools and assets used to manufacture other goods and services.
This category includes:
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Machinery and manufacturing equipment
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Tools and industrial hardware
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Buildings and production facilities
Major industries that produce or depend heavily on capital goods include manufacturing, construction, aerospace, automotive, and industrial engineering. Because these assets are essential to production, jobs in this sector are highly valued and well-paid.
Entry-Level and Support Positions
Perfect for recent graduates or those starting in the field, these jobs often require minimal prior experience.
Job Title | Typical Salary Range | Experience Required |
---|---|---|
Assembly Line Worker | $32,000 – $45,000 | 0–2 years |
Material Handler | $30,000 – $42,000 | 0–1 year |
Production Assistant | $33,000 – $47,000 | 0–2 years |
Quality Control Inspector | $38,000 – $52,000 | 1–3 years |
Quick Insight: Many entry-level positions are paid hourly with overtime opportunities. Employers often provide on-the-job training, union membership, and benefits packages.
Skilled Trades & Technical Roles
These roles typically require certifications, trade school training, or an associate degree.
Job Title | Salary Range | Common Certifications |
---|---|---|
CNC Machinist | $50,000 – $70,000 | CNC Programming Certification |
Industrial Electrician | $55,000 – $80,000 | Journeyman License, OSHA 10/30 |
Maintenance Technician | $48,000 – $68,000 | HVAC/Electrical/Mechanical certs |
Welder/Fabricator | $45,000 – $65,000 | AWS Certified Welder |
Quick Insight: Skilled trade positions are always in demand. Union membership can significantly boost wages and benefits.
Engineering & Product Development
Engineers are the driving force behind design, testing, and innovation in capital goods.
Job Title | Salary Range | Education |
---|---|---|
Mechanical Engineer | $70,000 – $95,000 | Bachelor’s |
Industrial Engineer | $72,000 – $100,000 | Bachelor’s |
Electrical Engineer | $75,000 – $110,000 | Bachelor’s |
CAD Designer/Draftsperson | $50,000 – $75,000 | Associate/Bachelor’s |
Manufacturing Engineer | $80,000 – $115,000 | Bachelor’s/Master’s |
Quick Insight: Specializations like automation or robotics engineering often command the highest salaries.
Mid-Level Operations & Supply Chain
These roles focus on managing workflow, inventory, and production quality.
Job Title | Salary Range | Experience Required |
---|---|---|
Production Supervisor | $65,000 – $85,000 | 3–5 years |
Logistics Manager | $70,000 – $95,000 | 5+ years |
Procurement Specialist | $60,000 – $80,000 | 3–5 years |
Quality Assurance Manager | $75,000 – $100,000 | 5+ years |
Quick Insight: Earning Six Sigma or PMP certification can lead to higher pay and faster promotions.
Project Management & Senior Leadership
High-responsibility roles that combine technical expertise with leadership skills.
Job Title | Salary Range | Requirements |
---|---|---|
Project Manager | $85,000 – $120,000 | 5–10 years + PMP |
Operations Manager | $95,000 – $140,000 | 7–12 years |
Plant Manager | $110,000 – $160,000 | 10+ years |
Facilities Director | $100,000 – $150,000 | 8+ years |
Quick Insight: Senior roles often come with bonuses, stock options, and performance incentives.
Executive & Specialized Roles
At the highest levels, salaries often include equity, profit-sharing, and significant bonuses.
Job Title | Salary Range | Qualifications |
---|---|---|
VP of Manufacturing | $150,000 – $250,000+ | 15+ years, MBA preferred |
R&D Director | $140,000 – $220,000 | Master’s/PhD |
Chief Operations Officer (COO) | $180,000 – $300,000+ | Executive leadership |
Industrial Economist | $120,000 – $180,000 | Master’s/PhD |
Factors That Influence Pay in Capital Goods
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Industry Focus – Aerospace, defense, and tech-heavy manufacturing generally pay more.
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Geographic Location – States like California, Texas, Michigan, and Illinois have higher average wages.
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Union Representation – Often means better pay, stronger benefits, and job security.
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Company Size – Large corporations usually offer more competitive salary packages.
Salary Comparison With Other Sectors
Industry | Average Salary Range |
---|---|
Capital Goods | $45,000 – $150,000+ |
Consumer Goods | $38,000 – $110,000 |
Retail | $28,000 – $80,000 |
Logistics & Transport | $40,000 – $90,000 |
Is a Career in Capital Goods Worth It?
Absolutely. Jobs in the capital goods sector offer:
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Stable employment in essential industries
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Competitive pay with growth opportunities
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Strong potential for advancement and leadership
Many employers also invest in employee training and prefer to promote from within, making this a smart choice for a long-term career.
Final Takeaway
Capital goods salaries range from $35,000 to well over $200,000 annually depending on your position, experience, and skill set. Whether you’re seeking a hands-on trade, a technical engineering role, or an executive leadership position, this industry offers diverse career paths with strong earning potential.