Tooling Engineer Cost Estimator – Plastics / Injection Molding

Company: Compass Tech International ( Learn More )

General Information
US-OH-Marysville, OH
$65,000.00 - $75,000.00 /Year
Not Specified
At least 5 year(s)
Up to 25%
Job Description

Tooling Engineer Cost Estimator – Plastics / Injection Molding

Your career awaits!

Company Summary: A highly respected manufacturing company is looking for you, an enthusiastic, and results-driven professional to join their team.

●  Competitive benefits package for you and/or your family

●  Committed to continuous improvement, encourages open communication challenges and opportunities for your growth.

●  Professional and respectful culture, providing you the opportunity to innovate and thrive.


●  Reviews cost calculation for reasonableness and sets target costs.

●  Reviews suppliers’ process, tool construction and negotiates with assigned suppliers to company’s cost target.

●  Presents suppliers new model investment status to Purchasing Senior Management, identifying issues and countermeasures to solve the issues.

●  Determines the impact of design change to exclusive investment during new model development.

●  Develops/updates cost tables.

●  Participates in various Plastic-related investment reduction projects.

●  Reviews part specification and sets target costs internally with new model design team.

●  Reviews supplier exclusive investment quotations and processes.

●  Leads supplier meetings/negotiations.

●  Support of internal activities (cost tables, investment analysis of similar models).

●  Future model planning (strategy to use or improve existing processes).

Job Requirements

Tooling Engineer Cost Estimator – Plastics / Injection Molding


●  Degree not required but is a plus. Toolmaker apprentice card/journeyman or state certified toolmaker a plus.

●  Minimum of 5 years of automotive plastics tooling experience including experience with construction, cost and design experience.

●  Ability to determine most efficient process and tool construction while considering production volumes and part specification requirements.

●  Base understanding of plastics molding construction and related costs.

●  Ability to read drawings (blue prints).

●  Cost negotiation experience.

●  Strong analytical skills.

●  Good interpersonal communication skills.

●  Presentation experience (PowerPoint).

●  High initiative required due to difficulty of collecting necessary details to analyze investment level.

●  Flexibility – ability to manage multiple tasks simultaneously and meet project deadlines.

●  Domestic travel – trips are normally 1 day.

●  International travel (Japan) – 1 – 2 times per year (1 – 2 weeks per trip).

●  Willingness to work overtime as necessary.

Desired Skills

●  Experience with working within a budget.

●  Cost target and cost table development experience.

●  Previous experience with Japanese companies.

●  Proficient with Windows Software (PowerPoint, Excel, etc.).

●  Working knowledge of CAD software (preferably CATIA V5).