This paper presents a computational approach for optimal robust design and tolerancing of turbomachinery compressor blades that are subject to geometric variability. This approach simultaneously determines the optimal blade geometry and manufacturing tolerances to minimize the overall cost of producing and operating the resulting compressor blades. A pathwise sensitivity method is used to compute gradient information that is in turn used to optimize the design and tolerances. Results for a two-dimensional subsonic compressor are presented, demonstrating the significant performance improvements that can be achieved using the proposed approach.