Demo

Principal Product Engineer

Lanco
Hazel Crest, IL Full Time
POSTED ON 11/26/2025
AVAILABLE BEFORE 1/26/2026

 

Who we are 

For over 70 years, Mi-Jack® Products has led the way in Rubber Tired Gantry (RTG) crane innovation — delivering the most durable, reliable, and technologically advanced material handling equipment on the market. Mi-Jack is built to Lift. Engineered to Last and has been trusted for Generations.

From our industry-defining Travelift® and Translift® to groundbreaking technology like Power-on-Demand and GPS-guided steering, every Mi-Jack crane is engineered for maximum productivity in the toughest environments — ports, rail yards, and industrial facilities worldwide. 

Mi-Jack brings quality: Built to perform, built to last, and equipment and support that exceed the most demanding industry standards. We are reliability: Designed for decades of service life, minimizing downtime and lowering total cost of ownership. We have experience: With more than 70 years of unmatched expertise, we don’t just meet expectations — we set the benchmark. 

As the trusted leader in RTG manufacturing, sales, service, and support, Mi-Jack also offers factory-direct parts, expert maintenance, and full inspection and repair services — keeping your operations moving, 24/7.

Established in 1954. Leading ever since. Mi-Jack® Products – Lifting Industry Standards. 

https://mi-jack.com 

The Role: Principal Product Engineer 

As a Principal Product Engineer, you’ll lead the design, development, and delivery of new product initiatives and product improvements, with a focus on sustainability, cost reduction, and performance excellence. This is a leadership role where you’ll guide projects, mentor engineers, and collaborate across engineering, manufacturing, and purchasing to bring innovative solutions to life. You will play a key role in improving cost efficiency, shaping the future of our product portfolio, and ensuring our equipment continues to set industry standards.

What You’ll Do 

  • Lead new product development and drive electrification initiatives.
  • Improve manufacturability, cost efficiency, and warranty performance.
  • Collaborate across departments and external partners to design complete machine systems.
  • Oversee prototyping, testing, design reviews, and validation strategies.
  • Resolve complex quality issues with proven methodologies (8D, 5Why, Stage Gate).
  • Mentor and coach engineers, shaping the next generation of technical leaders.
  • Influence strategy, budgets, and best practices that advance our engineering excellence.

What We’re Looking For 

  • Driven engineer with 5  years (preferably 10 ) leading teams in mechanical/structural design.
  • Strong 3D design skills (Autodesk Inventor, SolidWorks, Creo, AutoCAD).
  • Deep knowledge of mechanical design, structural connections, and manufacturing processes (welding, machining, casting, forging).
  • Expertise in BOM management, engineering release processes, and industry standards (CMAA, ISO, AWS).
  • Problem-solver who thrives on innovation and has strong communication skills.
  • Bachelor’s degree in Mechanical, Structural, Civil, Agricultural, or related engineering field (Master’s preferred).
  • Additional valuable experience in: Mechatronics, hydraulics, weldments, electronics, hand calculations, interpreting FEA results, vehicle software, reliability, ergonomics, diesel engines, and power train systems.

Why You’ll Love It Here 

  • Competitive pay ($110K–$140K)
  • Comprehensive benefits (medical, dental, vision, life, 401k)
  • Paid time off & work-life balance
  • Minimal travel (<10%)
  • A collaborative, values-driven culture where your work makes a visible impact

Work Environment:

  • This is primarily a sedentary office classification and employees work in an office with moderate noise levels, controlled temperature conditions and no direct exposure to hazardous physical substances
  • Minimal travel required- up to 10% domestic and international travel requirements.
  • Location: Hazel Crest, IL 

Physical Demands:

  • The position occasionally bends, stoops, reaches, pushes and pulls drawers to retrieve and file information and lifts and carries reports, records, and other materials that typically weigh less than 30 pounds

Compensation/Benefits:

We foster a collaborative team environment that values innovation and encourages creative solutions to drive positive organizational impact. Our employees are the key to our success and help us stand out from our competitors. The base pay range for this role is $110,000 to $140,000. The final compensation offer may vary based on factors such as experience, education, skills, and location. We offer competitive pay, paid time off, and comprehensive benefits, including medical, dental, vision, life insurance, and a 401(k) plan.

Please note this job posting is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Lanco is an equal employment opportunity employer. All employment-related decisions, including but not limited to hiring, compensation, promotion, discipline (including termination), evaluation, training, and development opportunities, etc., are made without discrimination based on race, color, sex, sexual orientation, gender-related identity, pregnancy, national origin, ancestry, religion, age, military status, protected disability, citizenship, genetic information or any other category protected by applicable law.

Salary : $110,000 - $140,000

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Principal Product Engineer?

Sign up to receive alerts about other jobs on the Principal Product Engineer career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$79,473 - $93,666
Income Estimation: 
$90,372 - $103,622
Income Estimation: 
$61,825 - $80,560
Income Estimation: 
$90,032 - $105,965
Income Estimation: 
$85,996 - $102,718
Income Estimation: 
$90,032 - $105,965
Income Estimation: 
$111,859 - $131,446
Income Estimation: 
$110,457 - $133,106
Income Estimation: 
$105,809 - $128,724
Income Estimation: 
$122,763 - $145,698
Income Estimation: 
$110,457 - $133,106
Income Estimation: 
$136,611 - $163,397
Income Estimation: 
$135,163 - $163,519
Income Estimation: 
$131,953 - $159,624
Income Estimation: 
$150,859 - $181,127
Income Estimation: 
$177,520 - $228,955
Income Estimation: 
$203,425 - $249,816
Income Estimation: 
$213,375 - $267,876
Income Estimation: 
$190,687 - $235,769
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Lanco

Lanco
Hired Organization Address Boston, MA Full Time
YOU’LL LOVE WORKING AT MI-JACK PRODUCTS BECAUSE... We're a longstanding, stable company with a sustained growth trajecto...
Lanco
Hired Organization Address Hazel Crest, IL Full Time
Who we are: The most complete lifting company in the world, Lanco represents four iconic, world-class heavy equipment ma...
Lanco
Hired Organization Address Homewood, IL Full Time
Job Purpose: Leverage existing sales tools and strategies to identify and pursue new business opportunities across targe...
Lanco
Hired Organization Address Markham, IL Full Time
Job Purpose Performs duties in shipping, receiving, inventory control, and cycle counting programs to support production...

Not the job you're looking for? Here are some other Principal Product Engineer jobs in the Hazel Crest, IL area that may be a better fit.

Principal Product Usability Engineer

Hollister Incorporated, Libertyville, IL

Principal Product Engineer

Lanco Group of Companies, Hazel Crest, IL

AI Assistant is available now!

Feel free to start your new journey!