Full-Time

Business Development Manager

IDEX

IDEX

1,001-5,000 employees

Precision engineering for health and safety

Compensation Overview

$112.7k - $169.1k/yr

+ Bonus

Wheeling, IL, USA

Hybrid

Based out of Wheeling, Illinois; Midwest region acceptable; travel up to 25%.

Category
Business & Strategy (1)
Required Skills
Market Research
Sales
Lead Generation
Computer Networking

People at IDEX

People at IDEX who can refer or advise you

Requirements
  • Bachelor degree in business or related field is preferred
  • 5+ years of progressive experience in Business Development and/or 8+ years of sales experience
  • Ability to manage drive multiple tasks
  • Drive for Results; Works with a sense of urgency or “Own It” mentality
  • Critical thinking and solid problem solving ability
  • Continuous improvement and process driven mindset
  • Highly adaptable and forward-thinking
  • Must possess excellent communication, planning, negotiating, troubleshooting, organizational, and interpersonal skills
  • Ability to work independently and as part of a team.
  • Tech savvy to understand different technical aspects of the products
  • Based out of Wheeling, IL FM Corporate Office
  • Travel up to 25% of the time
  • The ideal candidate will sit in Illinois or mid west region
Responsibilities
  • Identify New Business Opportunities: Research and analyze market trends to identify potential business opportunities. Develop strategies to target new customers in existing markets, new markets and expand the company's customer base.
  • Customer Acquisition: Generate leads, build relationships, and convert prospects into customers. Develop and implement effective sales strategies to achieve sales targets.
  • Hardware Sales: Promote and sell all the hardware solutions available in the portfolio in paint and coating industry to new customers and to smaller and mid-tier customers.
  • IoT Sales: Promote and sell IoT solutions to new and existing customers. Understand customer needs and provide tailored IoT solutions to meet their requirements. Demo the solution capabilities and be customer’s point of contact for their software solution needs.
  • Legacy Software Migration: Support Application Engineering team in the migration of legacy software systems to modern platforms. Collaborate with technical teams and partner with Account Executives to ensure smooth transitions and minimal disruption to business operations.
  • Market Analysis: Conduct market research to stay updated on industry trends, competitor activities, and customer preferences. Use insights to inform business development strategies. Partner with Marketing and Product Management to quantify market opportunities, build a funnel, and execute on prioritized prospects.
  • Sales Forecasting: Prepare and present sales forecasts Monitor sales performance and adjust strategies as needed.
  • Networking: Attend industry events, conferences, and trade shows to network with potential clients and partners. Build and maintain strong professional relationships.
  • Collaboration: Work closely with cross-functional teams, including marketing, product development, operations, software, service and customer support, to ensure alignment and achieve business goals.
  • Customer Feedback: Gather and analyze customer feedback to improve products and services. Ensure customer satisfaction and retention.
  • on issues and customer are requests and manage customer communications on updates

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

People at IDEX

People at IDEX who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Q1 2026 sales rose 9%, showing resilient demand across the portfolio.
  • Management raised FY2026 guidance to 3%-4% organic growth and $8.35-$8.55 EPS.
  • AI-driven data-center power and semiconductor demand is boosting Health & Science Technologies.

What critics are saying

  • Fire & Safety weakness can keep dragging consolidated organic growth lower.
  • Acquisition integration missteps can compress margins and slow deleveraging.
  • Foreign-exchange headwinds can erode reported growth across IDEX's global businesses.

What makes IDEX unique

  • IDEX sells highly engineered components for mission-critical niche markets.
  • Its three segments span health science, fluid handling, and fire safety.
  • Acquisitions like Mott and Micro-LAM extend capability into adjacent high-growth markets.

Help us improve and share your feedback! Did you find this helpful?

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%
Yahoo Finance
Mar 6th, 2026
IDEX stock rises 18.6% on FMT, HST strength despite FSDP segment weakness

IDEX Corporation is benefitting from strong performance in its Fluid & Metering Technologies and Health & Science Technologies segments, driven by increased demand in municipal water, industrial applications and life sciences markets. The company continues expanding through acquisitions, including Micro-LAM in July 2025 and Mott Corp. in September 2024 for $1 billion, enhancing its capabilities in semiconductor, medical technologies and water purification markets. Acquisitions contributed 1% to fourth-quarter 2025 sales. IDEX remains committed to shareholder returns, paying $212.6 million in dividends in 2025 and raising its quarterly dividend to 71 cents per share. The company holds $926.7 million in remaining share repurchase authorisation. However, weakness in the Fire & Safety/Diversified Products segment and foreign currency headwinds pose challenges. IDEX shares gained 18.6% over three months.

Yahoo Finance
Feb 4th, 2026
Idex Q4 earnings beat expectations at $2.10 per share on $899M revenue

Idex Corp reported fourth-quarter earnings of $2.10 per share, exceeding Wall Street expectations of $2.04 per share. The Northbrook, Illinois-based maker of the Jaws of Life device and other engineered products posted revenue of $899.1 million, beating analyst forecasts of $881.6 million. For the full year, Idex reported profit of $483.2 million, or $6.41 per share, on revenue of $3.46 billion. The company projects first-quarter earnings between $1.73 and $1.78 per share, with full-year earnings expected to range from $8.15 to $8.35 per share.

Michigan Rise Pre-Seed Fund III
Aug 5th, 2025
Micro-LAM Acquired by IDEX for $90M

Micro-LAM, a Michigan Rise portfolio company specializing in laser-assisted machining, has been acquired by IDEX Corporation for $90 million, with potential earn-out payments up to $12 million. The acquisition, completed in July 2025, marks a significant milestone for Michigan's tech startup scene. Michigan Rise, which invested in Micro-LAM in 2023, has supported over 135 companies, attracting over $800 million in follow-on funding. Micro-LAM will continue to operate under CEO Dr. Deepak Menon.

Michigan Rise Pre-Seed Fund III
Aug 5th, 2025
Micro-LAM Acquired by IDEX Corporation

IDEX acquired Micro-LAM for $90 million in cash, subject to customary adjustments, plus up to $12 million in potential earn-out payments.

Business Micro
Apr 2nd, 2025
IDEX Corporation Expands Heavy-Duty EODD Pump Line with Launch of Cognito 1" for Global Impact

IDEX Corporation expands heavy-duty EODD pump line with launch of Cognito 1" for global impact.