Illinois Tool Works

Product Manager - PWS

Illinois Tool Works$95K — $115K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Marketing, Engineering, Business, or related field preferred.
  • 5–7 years of experience in product management or related roles in a B2B environment.
  • Experience launching products informed by customer insights.
  • Strong technical aptitude; welding/mechanical knowledge preferred.
  • Proven ability to analyze business issues and end-user needs.
  • Demonstrated success leading cross-functional initiatives from start to completion.
  • Willingness to travel up to 25%.

Responsibilities

  • Own and execute product lifecycle plans for the Dynasty/Maxstar portfolio.
  • Develop and execute overall product vision and strategy to drive profitable growth.
  • Evaluate trade-offs and prioritize product initiatives based on customer value and business impact.
  • Develop deep understanding of end-user workflows and unmet needs.
  • Lead synthesis of Voice of Customer (VOC), competitive intelligence, and market research.
  • Lead product launches to ensure strong adoption and market impact.
  • Monitor product performance metrics and recommend improvements for profitability.

Benefits

  • Collaborative work environment across functional teams.
  • Opportunities for professional development and growth.
  • Engagement in high-impact projects within the Precision Welding Solutions Division.
Full Job Description

Job Description:

Are you a product leader energized by turning customer insight into winning product strategy and profitable growth?

As Product Manager for the Dynasty/Maxstar portfolio, you will own product lifecycle execution for one of Miller Electric’s most important growth platforms within the Precision Welding Solutions Division (ITW). This is a high-impact role responsible for translating market and customer insights into product strategy, portfolio priorities, and successful commercialization.

You will define what customer-backed value matters most, where to invest, and how to win while partnering closely with Engineering, Segment Management, Marketing, Sales and Operations to deliver solutions that solve real customer problems and drive profitable above-market growth.

Key Responsibilities:

Product Strategy & Lifecycle Ownership

  • Own and execute product lifecycle plans for the Dynasty/Maxstar portfolio, from strategy through launch and long-term performance.
  • Develop and execute overall product vision and strategy to drive profitable above-market growth.
  • Evaluate trade-offs and prioritize product initiatives based on customer value, business impact, and strategic fit.
  • Contribute to long-range and annual planning.

Customer & Market Insight Development

  • Develop deep understanding of end-user workflows, unmet needs, and value drivers.
  • Lead and synthesize Voice of Customer (VOC), competitive intelligence, and market research to validate product concepts and guide roadmap decisions.
  • Develop a comprehensive understanding of target “80” markets to identify growth, pricing, competitive, and product opportunities.

Commercialization & Cross-Functional Execution

  • Lead product launches and commercialization efforts to ensure strong adoption and market impact.
  • Partner cross-functionally with Sales, Engineering, Operations, and Marketing to deliver product solutions and maintain market leadership.
  • Use creative tactics to communicate and promote new products to end users and distribution channels.

Portfolio Performance & Profitability

  • Own and monitor product performance metrics including sales volume, margins, and market share.
  • Improve product profitability through cost reductions and recommended pricing adjustments.
  • Ensure product strategy balances customer needs, technical feasibility, and business value.

How to be successful in this role:

Analytical & Strategic

  • Strong ability to prioritize product initiatives and make trade-offs grounded in impact.
  • Skilled in quantitative and qualitative analysis of customer usage, market trends, and product performance.
  • Connects product decisions to strategic objectives and market opportunities.

Customer & Market Insight

  • Deep understanding of customer pain points, unmet needs, and value drivers.
  • Proven ability to translate research and feedback into roadmap and value proposition decisions.
  • Able to align and communicate product strategy clearly to diverse audiences.

Business Acumen

  • Understands revenue, adoption, pricing, and margin dynamics.
  • Can balance customer needs with business value and technical constraints.

How You Show Up

  • Business Owner Mindset – Owns product performance and drives decisions based on revenue, adoption, margin, and lifecycle tradeoffs.
  • Data-Driven – Makes clear, timely decisions by balancing customer value, technical feasibility and business impact. 
  • Technical Judgement – Engages confidently in technical discussions to shape direction. 
  • Disciplined Simplicity – Enforces simplicity and ensuring the product remains scalable, clear, and easy to execute. 
  • Collaborative: Works effectively across teams and functions.

Requirements

  • Bachelor’s degree required (Marketing, Engineering, Business, or related field preferred).
  • 5–7 years of experience in product management, product development, or related roles in a B2B environment.
  • Experience launching products or features informed by customer insights.
  • Strong technical aptitude; welding/mechanical knowledge preferred.
  • Strong business acumen and proven ability to analyze business issues and end-user needs.
  • Proven success leading cross-functional initiatives from start to completion.
  • Travel up to 25%.

About Illinois Tool Works

ITW is an industrial manufacturing company that specializes in the fields of industrial machinery, engineering, operations, sales, marketing, finance, and accounting. It's in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which they live and work, the cars they drive, and the mobile devices they rely on. It was founded in 1912 and headquartered in Glenview Nas, Illinois.

Illinois Tool Works Careers

Join the dynamic team at Illinois Tool Works (ITW), a global leader in diversified manufacturing, where innovation and excellence drive us forward. ITW offers unparalleled job opportunities, fostering a culture of growth and leadership in the industry.

Work You’ll Do

At Illinois Tool Works, you will be part of a professional community that thrives on creativity and innovation. Our employees are equipped with the skills needed to succeed and are provided with endless opportunities for professional growth. Engage in work that matters, with projects that transform industries and enhance futures.

Explore Career Paths

Whether you're seeking an internship, a graduate opportunity, or a seasoned professional position, ITW offers a range of career paths across various departments. Our team benefits from a supportive and diverse working environment where every member’s contribution is valued.

Innovate and Lead

Join a team where innovation leads to revolutionary solutions in industries worldwide. At ITW, you will work alongside industry experts to develop new ideas and strategies that keep us at the forefront of technological advancements. Your career at ITW will be marked by a continuous journey of growth and leadership.

Develop Your Skills

With ITW’s commitment to professional development and diversity training, you will enhance your skills through targeted training programs and workshops. These opportunities not only boost your career but also ensure you stay competitive in the job market.

Be Part of Our Culture

ITW is dedicated to building a culture that respects and embraces diversity, encourages innovation, and fosters leadership. Our team is our greatest asset, and we believe in providing them with the benefits and resources they need to succeed both professionally and personally.

Networking and Professional Growth

Expand your professional network through ITW’s global presence and collaborative work environment. Engage with professionals across different sectors, gaining insights that can lead to significant career advancements. Our networking events and professional groups help you connect with key industry leaders and peers.

Join Our Team

Search for open positions that match your skills and interests on the ITW Careers page. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level.

Stay Connected

Keep up to date with the latest industry trends, company news, and career tips by following our careers blog. Personalize your experience by subscribing to job alert emails, tailored to your preferences and career goals. Explore the opportunities at Illinois Tool Works today and discover how your expertise can help shape the future of our company and the industries we serve. Join us in our mission to achieve excellence through innovation and leadership.
Learn more about Illinois Tool Works
Size
45,000 employees
Market Cap
$68.1 billion
Industry
Net Income
$2.1 billion
Founded
1912
5 Year Trend
+1.2%
Revenue
$12.5 billion
NASDAQ

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