I

IDEX

Precision engineering for health and safety

Tooling Designer

Full-Time
$76.2k - $114.2k+ Performance-based bonus
Senior
Denver, CO, USA
In Person
Manufacturing & Process EngineeringManufacturing Engineering

About the job

Requirements
  • A high school diploma or GED and advanced technical school training or Tool & Die Journeyman qualification.
  • At least 5 years of experience with progressive die manufacturing, including repair and troubleshooting.
  • At least 2 years of experience with SolidWorks.
  • Demonstrated experience troubleshooting stamping dies and production tooling in a manufacturing environment.
  • Demonstrated expertise in designing, developing, and maintaining high-volume progressive stamping dies, including tooling capable of achieving extended production cycles between preventive maintenance intervals.
  • Problem-solving and conceptual design skills to develop robust, practical tooling solutions for complex manufacturing challenges.
  • Comprehensive knowledge of progressive die design principles, tooling systems, and manufacturing processes.
  • Understanding of carbide and tool steel properties, material selection, and heat treatment processes.
  • Ability to design tooling for high-volume production and prototype or low-volume manufacturing environments.
  • Hands-on technical aptitude to support prototype fabrication, tooling validation, troubleshooting, and manufacturing activities when needed.
  • Attention to detail and precision in design, analysis, and documentation.
  • Advanced proficiency with SolidWorks or equivalent CAD software, including 3D modeling, design revisions, and technical drawing creation.
  • Ability to create and interpret engineering drawings, GD&T, specifications, standards, and technical documentation.
  • Knowledge of engineering fundamentals, including mechanical properties of materials and manufacturing methodologies.
  • Understanding of preventive maintenance principles and tooling lifecycle management.
  • Knowledge of good manufacturing practices, continuous improvement methodologies, and lean manufacturing principles.
  • Working knowledge of metals, lubricants, coatings, and other industrial materials used in stamping operations.
  • Proficiency with Microsoft Office applications, including Outlook, Word, and Excel.
  • Written, verbal, and interpersonal communication skills to collaborate effectively across functions and with external partners.
Responsibilities
  • Deliver progressive die designs that achieve safety, quality, productivity, and cost objectives.
  • Ensure tooling designs support high-volume manufacturing requirements while maximizing die life, reliability, and maintainability.
  • Improve existing tooling to increase throughput, reduce downtime and scrap, and enhance overall equipment effectiveness.
  • Establish and maintain tooling standards that promote consistency, repeatability, and best practices across manufacturing operations.
  • Ensure production tooling meets defined performance, durability, and maintenance expectations throughout its lifecycle.
  • Develop strategies that extend tooling life and reduce unplanned downtime through effective design.
  • Establish tooling documentation, standards, and processes that improve asset management and knowledge retention.
  • Drive root-cause problem solving and corrective actions for tooling-related production issues.
  • Maintain accurate and complete tooling designs, engineering models, drawings, specifications, and technical documentation.
  • Ensure tooling designs communicate design intent and manufacturing requirements to internal and external stakeholders.
  • Use CAD and engineering tools to support efficient design iterations and successful implementation of tooling solutions.
  • Apply engineering principles and material expertise to deliver reliable, manufacturable, and cost-effective designs.
  • Partner with Engineering, Operations, Quality, Tool & Die, and external suppliers to develop tooling solutions supporting business objectives and manufacturing excellence.
  • Support successful new product introductions by ensuring tooling designs enable manufacturability, scalability, quality, and production readiness.
  • Develop prototype tooling and manufacturing solutions that accelerate product development and reduce time-to-market.
  • Collaborate across functions to identify opportunities to improve product designs, tooling concepts, and manufacturing processes.
  • Align stakeholders on technical requirements, project timelines, risks, and performance expectations for successful implementation of tooling solutions.
  • Provide technical guidance and problem-solving support for complex tooling, manufacturing, and quality challenges.
  • Build working relationships that support communication, knowledge sharing, and continuous improvement across the organization.
  • Identify and implement Value Analysis/Value Engineering and continuous improvement opportunities to reduce cost and improve performance.
  • Support capital equipment planning and manufacturing capability improvements that strengthen operational effectiveness.
  • Drive measurable improvements in tooling efficiency, reliability, and overall manufacturing performance.
  • Ensure tooling solutions support a safe manufacturing environment and comply with applicable safety standards and requirements.
  • Demonstrate operational discipline, continuous improvement, and technical excellence.
  • Perform other related duties as assigned.
Desired Qualifications
  • Experience with GD&T.
  • Experience operating presses and other manufacturing equipment in a high-volume manufacturing facility.
  • Experience operating standard toolroom equipment, including lathes, mills, and surface grinders.
  • Experience with metrology equipment.
  • Experience with Esprit or CAMWorks software.
  • Experience operating and troubleshooting CNC machines and EDM, and performing machining operations.
  • Experience using computerized maintenance management software (CMMS) to document work and asset history.

About the company

IDEX manufactures high-precision components and systems for specialized industries, including medical diagnostics, fire safety, and industrial manufacturing. Its products, such as liquid subassemblies for labs and pumps for fire trucks, work by providing exact control and measurement in environments where accuracy is critical to safety or research. Unlike competitors that focus on mass-market goods, IDEX specializes in niche markets by engineering custom solutions for highly technical problems. The company's goal is to provide reliable, engineered tools that help professionals in health, rescue, and industry perform essential tasks more effectively.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Northbrook, Illinois

Founded

1987

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Simplify's Take

What believers are saying

  • Q2 2026 revenue reached $920.6 million, up 6.4%, with EPS $2.32.
  • Management raised 2026 organic growth guidance to 5%-6% and EPS to $8.70-$8.85.
  • FDIC 2026 launched Captium IQ and QMAX-APX, expanding Fire & Safety differentiation.

What critics are saying

  • Bristol, Connecticut cut 73 IDEX Health & Science jobs in 2026.
  • Q2 2026 used IEEPA tariff refunds; margin gains without them look thinner.
  • Data-center and semiconductor exposure concentrates growth; a demand pause would hit 2027 backlog.

What makes IDEX unique

  • IDEX's HST portfolio won 47% organic orders from data center and semiconductor demand.
  • Its 80/20 operating model drives margin expansion and disciplined capital allocation.
  • The September 3, 2031 credit facility supports bolt-on acquisitions and working capital.

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Benefits

Health Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

3%

2 year growth

3%
SilverEdge Cooperative
Sep 22nd, 2026
SilverEdge Cooperative

SilverEdge cooperative. Is IDEX Corporation stock outperforming the S&P 500? Neha Panjwani Barchart 51 minutes ago Northbrook, Illinois-based IDEX Corporation (IEX) offers applied solutions globally. Valued at $16.4 billion by market cap, the company has a diverse portfolio of over 50 businesses, offering products like industrial pumps, lubrication systems, banding and clamping devices, and rescue tools. Companies worth $10 billion or more are generally described as "large-cap stocks," and IEX perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the specialty industrial machinery industry. IEX derives its edge from manufacturing high-margin, mission-critical equipment with strong switching costs. Its disciplined 80/20 operating model optimizes profitability, while steady cash flows fund bolt-on acquisitions across resilient end-markets like life sciences and fire safety. Despite its notable strength, IEX slipped 8.7% from its 52-week high of $243.80, achieved on Jul. 29. Over the past three months, IEX stock declined 1.1%, underperforming the S&P 500 Index's ($SPX) 3.5% gains during the same time frame. In the longer term, shares of IEX rose 25.1% on a YTD basis and climbed 38.2% over the past 52 weeks, outperforming SPX's YTD gains of 13.4% and 16.5% returns over the last year. To confirm the bullish trend, IEX has been trading above its 200-day moving average since early December, 2025. However, the stock is trading below its 50-day moving average since early September. IEX outperformed on robust demand in data center, semiconductor, and space & defense, with HST leading as organic orders jumped 28% overall and 47% in HST, boosting backlog and visibility. Volume leverage, 8020 execution, and a one-time tariff refund tailwind drove margin expansion. Management is raising capex for capacity and remains focused on bolt-on M&A to sustain growth. On Jul. 29, IEX shares closed up more than 2% after reporting its Q2 results. Its adjusted EPS of $2.32 exceeded Wall Street expectations of $2.10. The company's revenue was $920.6 million, surpassing Wall Street forecasts of $902.4 million. The company expects full-year adjusted EPS in the range of $8.70 to $8.85. IEX's rival, Nordson Corporation (NDSN) has taken the lead over the stock, with a 30.7% uptick on a YTD basis and 39.7% gains over the past 52 weeks. Wall Street analysts are reasonably bullish on IEX's prospects. The stock has a consensus "Moderate Buy" rating from the 14 analysts covering it, and the mean price target of $259.14 suggests a potential upside of 16.5% from current price levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.

Kalkine Media
Sep 4th, 2026
IDEX extends $800M credit facility maturity to 2031

IDEX Corporation has amended its revolving credit facility, extending the maturity date to September 3, 2031, from the previous November 1, 2027. The facility maintains its $800 million principal amount. The agreement, finalised on September 3, 2026, allows for up to $100 million in letters of credit and $50 million in same-day swingline loans. IDEX may request additional lending commitments, capped at a $400 million increase. Bank of America serves as administrative agent, with JPMorgan Chase Bank, PNC Bank, and Wells Fargo Bank as co-syndication agents. The proceeds will fund working capital and general corporate purposes, including refinancing existing debt. The agreement includes standard covenants for senior unsecured credit facilities, featuring a quarterly-tested leverage ratio and restrictions on liens and mergers. Voluntary prepayments are permitted without penalty.

Yahoo Finance
Aug 24th, 2026
IDEX leads gas and liquid handling stocks with strong Q2 results, shares up 4.3%

IDEX reported Q2 revenues of $920.6 million, up 6.4% year-on-year and exceeding analyst expectations by 1.7%. The company delivered a strong quarter with full-year EPS guidance surpassing forecasts and beating EBITDA estimates. IDEX achieved the highest guidance raise among gas and liquid handling stocks tracked. The stock rose 4.3% following the earnings announcement and currently trades at $234.37. The gas and liquid handling sector showed strength overall in Q2, with 11 tracked companies beating revenue consensus estimates by 2.1% on average. However, next quarter's guidance came in 0.8% below expectations. SPX Technologies led the group with revenues of $679 million, up 22.9% year-on-year, outperforming expectations by 5.8%. The stock gained 4.2% after reporting.

Yahoo Finance
Aug 8th, 2026
IDEX reports 5% organic growth and 12% EPS increase in Q2 2026

IDEX Corporation reported strong second quarter 2026 results, exceeding expectations with organic sales growth of 5% and adjusted earnings per share of $2.32, up 12% year-over-year. Adjusted EBITDA margin expanded 70 basis points to 28.1%. The company's performance was driven by higher volumes from growth platforms and strong operational execution. Results were modestly impacted by IEEPA tariff refunds, which slightly reduced organic growth whilst providing minor favourability to margins and earnings. President and Chief Executive Officer Eric Ashleman noted the results continued momentum established earlier in the year. The earnings call featured remarks from Ashleman and Chief Financial Officer Sean Gillen, who provided additional financial details and an updated outlook for 2026.

Yahoo Finance
Jul 29th, 2026
Idex Q2 earnings beat estimates with $920.6M revenue and $2.32 EPS, surpassing forecasts

Idex reported Q2 2026 revenue of $920.6 million, up 6.4% year-over-year, beating the consensus estimate of $902.43 million by 2.01%. EPS came in at $2.32, compared to $2.07 in the prior-year quarter, exceeding the $2.10 estimate by 10.48%. The Health & Science Technologies segment led growth with $415 million in revenue, up 13.6% year-over-year and above the $406.67 million estimate. Fluid & Metering Technologies generated $317.1 million, whilst Fire & Safety/Diversified Products posted $189.9 million. Organic sales growth reached 5%, surpassing the 3.4% analyst estimate. Idex shares have declined 1% over the past month, compared to a 1.9% gain for the S&P 500.