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Niron Magnetics

Manufactures sustainable high-performance permanent magnets

Director – Product Management

Product ManagementUpdated on Nov 11
Full-timeMinneapolis, MN, USA

About the Job

Requirements

  • A customer-first mindset, evaluating every decision through the lens of how the company creates value for customers.
  • 10+ years of product management experience in B2B industrial, materials, or component markets, including pricing decisions and P&L responsibility.
  • Experience setting prices using complex inputs and connecting pricing to value created for customers.
  • Experience forecasting demand and allocating constrained supply across customers and programs.
  • Experience taking products through a stage-gate development process with engineering and operations partners.
  • Experience hiring, building, and leading a team.
  • High proficiency with artificial intelligence tools and a bias toward building and automating.
  • Clear, concise writing for executive audiences.
  • Working knowledge of manufacturing processes, ideally powder-based, metals, or magnet manufacturing, and discrete manufacturing processes, sufficient to assess whether requests can be built now or require development.
  • A bachelor's degree in engineering, materials science, physics, or a related technical field.
  • Willingness to travel 10% to 20% for customer meetings and industry events.

Responsibilities

  • Build the product management function by defining product lines within the current portfolio, establishing its processes and records, and hiring and leading its first managers by the end of 2027.
  • Set prices and approve customer programs, including analyzing product value to support pricing, aligning with operations on manufacturability and expected yield, and structuring commercial terms for customer supply and offtake agreements.
  • Own the customer P&L for each program and report product portfolio economics to commercial and executive teams.
  • Route customer product requests and achieve commercial and operational alignment within defined service-level agreement boundaries.
  • Allocate pilot production among customers and internal needs, set the sample queue order, and commit delivery dates and quantities within the supply declared by the pilot.
  • Own the product roadmap for the next 12 months, set product requirements for development projects, and resolve conflicts between customer and technical roadmaps owned by Product Marketing, Process Development, and Product Development.
  • Establish the operating system for interaction between Commercial and Operations.
  • Partner with the Pilot organization to establish the product engineering function and design its operating system with Product Line Management.
  • Run the product management cadence and maintain records used by commercial and operations teams, including weekly sample and build reviews with pilot production, Quality, and Applications Engineering; the demand forecast; design-for-manufacturing reviews of customer magnet designs; the pricing file and deal approval record; customer P&L by program; product request routing log; and customer commitment log.

Desired Qualifications

  • An MBA or graduate degree in engineering or science.
  • Experience with electric motors, permanent magnets, powder metallurgy, audio transducers, data center cooling, or defense supply chains.
  • Product management experience through the transition from pilot to volume production.
  • Experience in automotive or other supply chains that use Production Part Approval Process (PPAP) qualification.
  • Experience with pricing methodologies that compare a product with competing solutions at the device level.

About the Company

Niron Magnetics

Manufactures sustainable high-performance permanent magnets

Niron Magnetics makes sustainable, high-performance permanent magnets for devices, motors, and generators. It uses Clean Earth Magnet technology to mass-produce magnets from abundant materials by altering the crystal structure of Iron Nitride through nanomaterial engineering and established metallurgical methods. This creates magnets that perform as well as or better than traditional magnets while reducing reliance on rare earth elements and lowering environmental impact, with a focus on stable, cost-effective manufacturing. The company differentiates itself by offering a greener, more affordable alternative to rare earth magnets, aiming to scale magnet production for widespread use in consumer, industrial, and automotive applications.

Company size
51-200
Company stage
Debt Financing
Total funding
$322.6M
Headquarters
Minneapolis, MN
Founded
2014

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