Description New Market Development Specialist New Market Development • Research emerging industries, technologies, companies and market segments that may represent new strategic business opportunities for JSP • Identify, evaluate, and develop new markets, applications, and customer segments for JSP's engineered materials and technologies. • Develop and maintain a pipeline of potential new business, partnership, acquisition and investment opportunities. • Develop strategies to expand the company's presence into emerging industries while diversifying existing business. • Identify companies that may be potential acquisition, investment, joint venture or strategic partnership candidates. • Conduct preliminary research on target companies, including ownership, products, customers, markets, competitive position and financial indicators. Market Research & Competitive Analysis • Conduct market research to identify industry trends, customer needs, emerging technologies, and competitive products. • Analyze market size, growth potential, competitive positioning, and barriers to entry. • Monitor market developments and recommend opportunities for new product applications, market expansion, and strategic investments. • Develop and maintain market intelligence reports to support executive decision-making. Strategic Growth & Acquisition Support • Identify and research companies that may represent potential acquisition, joint venture, licensing, or strategic partnership opportunities for JSP. • Prepare market assessments and preliminary evaluations of acquisition candidates and strategic partners. • Support due diligence activities by gathering market intelligence, competitive information, and commercial insights. • Collaborate with JSP Japan and global leadership to evaluate strategic investment opportunities aligned with the company's long-term growth objectives. Business Planning & Commercialization • Develop business cases, market entry strategies, commercialization plans, and financial forecasts for new opportunities. • Conduct feasibility studies and evaluate the commercial viability of new products, applications, and strategic investments. • Present recommendations, business cases, and market analyses to executive leadership. • Support product launches and commercialization efforts by coordinating with Sales, Marketing, Engineering, Operations, and R&D. Cross-Functional Collaboration & Project Management • Lead and coordinate new market development projects from concept through commercialization. • Work closely with Engineering, Operations, Sales, Finance, Marketing, and R&D to successfully launch new business opportunities. • Prepare executive presentations, strategic proposals, project updates, and management reports. • Track project milestones, schedules, budgets, and action items while facilitating communication across cross-functional and global teams. • Participate in regular meetings with JSP's international New Business Development organization. Requirements Required • Bachelor's degree in Business, Marketing, Engineering, Materials Science, Finance, or a related field. • 3- 5 years of experience in business investment, market development, product management, technical sales, strategic planning, or a related role within a manufacturing or industrial environment. • Demonstrated experience identifying and developing new markets or commercializing new products. • Strong analytical, business planning, and market research skills. • Excellent communication, presentation, and project management abilities. • Proficiency with Microsoft Excel, PowerPoint, and business analytics tools. • Ability to build strong relationships and collaborate effectively across multiple functions in a global organization. Preferred • Bachelor's degree in in Business, Finance or a related field. • Experience supporting mergers and acquisitions, strategic partnerships, joint ventures, or licensing opportunities. • Knowledge of engineered materials, polymers, automotive, industrial manufacturing, packaging, construction, or related industries.(huge plus) • Familiarity with financial analysis, commercialization processes, intellectual property considerations, and commercial agreements. • Experience working with international teams and global product launches. #MHIN1