Nobody got COVID here that we know about, and we built this 165,000-square-foot facility.. He spoke more like a visionary than an entrepreneur. Nicolette is an experienced commercial photographer and editor who uses her editing and retouching skills to make our brand partners products shine in every piece of content our studio produces. The airplane is managed by Maine Aviation and all the flights are Part 135, even the ones I do. This is a great facility, and it is located at a perfect spot, logistically, in the Lehigh Valley, he said. You can stay off the golf course and pay attention to your businesses. She spent the 20 years as facilities and space planning manager at Rodale Inc., where her responsibilities included property management, employee and vendor relations, space planning, and operations support. Mike Janes/Four Seam Images via AP Images. With the capital to invest, a $10-million renovation of the Columbia Street building and 35 employees, Thompson hopes Factory will attract up to 20 companies. She liaises with internal stakeholders to manage the design teams workflow and ensure projects are completed accurately and efficiently. Sign-up for our weekly newsletter! "He has also been in the oil and gas business in North Dakota, founded the American Italian Pasta Company ("the largest pasta company in North America") and bought and sold Meow Mix, earning himself a tidy sum. When you think about it, thats awesome, Thompson said. So many CEOs don't listen and think they know the answer and tell people what to do when they don't really know the problem.How do you get past your core team?You just go talk to people, have lunch with them. Asad has 17 years of professional accounting and finance experience in the manufacturing sector, including CPG. We have about 12 to start with, just for the first shift and we plan on adding a second shift and third shift if everything goes well, Thompson said. Programming Languages (9 Technologies) ASP.NET Microsoft . All his business life, Richard Thompson worked at starting or growing companies and other ventures, raising capital for them, and even making mistakes along the way. unique traits of plants, animals and humans. Tyler has seven years of merchandising experience in retail operations with Giant Food Stores, where he specialized in non-perishables and inventory control. Rich Thompson, Factory founder and managing partner, said most investment firms' idea of a partnership is putting people in a conference room and "talking about a marketing plan." A photo from inside Factory's Innovation and Scale-Up Center in Bethlehem, Pennsylvania. Homes in Southampton, N.Y.; Sun Valley, Idaho; and Los Cabos, Mexico. John has almost three decades of supply chain and logistics experience. Every time you do most anything on Zootoo, that shelter gets points. Managing Partner at Factory Richard Thompson is a Managing Partner at Factory based in Bethlehem, Pennsylvania. Stuffed Puffs opened a manufacturing facility in 2021 in the Lehigh Valley. Liz graduated from Moravian College with a B.A. People know I'm involved.What is the worst mistake a CEO can make?Not listening to your people. ft. facility that works with companies to build value. SUMMARY Career WAR 0.9 W 3 L 4 ERA 4.21 G 82 GS 0 SV 0 IP 104.2 SO 105 WHIP 1.357 Rich Thompson Overview Here, youre not hiring anybody, Thompson said. Michelle has over 15 years of accounting experience, specializing in accounts payable and general accounting. Consumers are constantly on the go whether thats to the gym for sports or another appointment, he said. Together they started Factory an operating company with funds to invest. The company is a an innovation center for new food and beverage companies located at 315 Columbia St. in Bethlehem, Pa. "I've never had a job my whole life that I didn't create," he told me as we talked in his finely refurbished Hawker 700A on the Jet Aviation ramp at New Jersey's Teterboro Airport.Thompson left El Paso [Texas] Community College after two years in the early 1970s seeking adventure. Elias is an experienced IT manager and network administrator. CEO Files Rsum: Richard Thompson POSITION: Founder of Zootoo.com and CEO of GO7Brands. Petrucci Co., was among the 5.2 million square feet of industrial space delivered so far this year in Lehigh and Northampton . We decided that we wanted to build a couple of plants for a couple of brands that we have, said Thompson, who left as Freshpet CEO in 2016 to found Factory LLC. We have the combination of decades of experience, expertise, and state-of-the-art equipment with the added benefit of in-house R&D experience provided by Allen Flavors. Owns a 1981 Hawker 700. Ben earned his bachelors degree in business administration from Susquehanna University. "I build companies," Thompson said during a recent tour of the 40-foot-tall facility that opened in December. Her background in data research and analytics gives her a keen eye for spotting the latest social trends and knack for measuring results. APRIL GAMIZ / THE MORNING CALL, Rich Thompson, Managing Partner, helped create over $3 billion in enterprise value as CEO of American Italian Pasta Company, The Meow Mix Company and Freshpet. Pat has a B.S. Lead Manager. Prior to joining Factory, Ben led the grocery channel shopper marketing team at TWINOAKS, a shopper influence agency, for its client Beiersdorf, a company whose brands include NIVEA, Aquaphor, and Eucerin. The company is a an innovation center for new food and beverage companies located at 315 Columbia St. in Bethlehem, Pa. Prior to joining the Factory team. Rich Thompson Position: Pitcher Bats: Right Throws: Right 6-1 , 210lb (185cm, 95kg) Born: July 1, 1984 (Age: 38-281d) in Hornsby, Australia au More bio, uniform, draft, salary info 63 54 Become a Stathead & surf this site ad-free. His passion is visual storytelling, with a focus on creating visual content around locally sourced food and beverages. His job responsibilities include managing the Factory team and investments across 12 companies and two manufacturing plants. Copyright 2023 Factory, LLC | All Rights Reserved. Marcy has more than twenty years experience in supply chain, manufacturing, and continuous improvement. No one knows better than the person who is touching that problem or opportunity.How does the U.S. economy look to you?It looks crappy. Youre driving a used car, and [Thompsons] like, Were going to show up in a bus, Marz said. A look inside the Factory LLC, a new business incubator in south Bethlehem at a former Bethlehem Steel factory on Thursday, January 10, 2019. More >. Tim has four decades of CPG marketing and brand-building experience, was vice chairman at two of the worlds largest global ad agencies, Y&R and Dentsu, and co-founded a data analytics company. Call Us: 336-226-1622 local_florist Rich & Thompson Funeral & Cremation Service 306 Glenwood Ave. Burlington, NC 27215 Tel: 336-226-1622 More Details The building parallels East Third Street and is across the street from the Lehigh Valley Charter High School for the Arts. I'd like to get a Hawker type rating but it would take me two weeks. A chef by training, she puts a culinary spin on nutritional formulation. Ben has over seven years of experience in shopper marketing. About 75 million households have pets. Women of Influence identifies high-achieving women for their tremendous career accomplishments. To be eligible for Factory, Thompson said owners must show annual sales between $2 million and $20 million and allow Factory to take a majority interest in their businesses. Has commercial pilot certificate with single- and multi-engine and instrument ratings. She keeps invoices flowing and the books reconciled for Factory and our brand partners. Grand View Health opens new Emergency Department, Bethlehem venture capital firm gets $2.5M to invest in start-ups, Orthopedic device maker Tyber Medical expands Florida facility, East Stroudsburg holds inauguration of 14th president, Other recent hires in the the Lehigh Valley include Altitude Marketing, KidsPeace Foundation and Com[], Mayor Matt Tuerk announced this week that he has named Lucinda Wright to the newly created position.[]. He's now the CEO of GO7Brands (pronounced "gee-oh-seven"), a consulting and financing firm that assists packaged-goods-focused companies; and the founder and largest shareholder of Zootoo.com, a Web site that he hopes will become as indispensable for pet lovers as Google is for Web searches.As Thompson demonstrates, entrepreneurs tend to approach management a bit differently than the classic corporate CEO. @richquincy.thompson. She now uses her marketing degree from Penn State University and analytical skills to conduct market and consumer research for our brand partners, including fielding taste tests in our on-site consumer insights lab. Nicole worked in product photography for several years, first at Saks Fifth Avenue and then at Cigars International, before joining Factory. With his wealth of experience, and as founder and managing partner at Factory LLC, Thompson leads a one-of-a-kind investment company that, in addition to capital, provides strategic guidance to. It scares everyone else. I changed this a couple of years ago when the FAA started tightening up. Los Angeles Angels reassigned RHP Rich Thompson to the minor leagues. Look no further than Thompson/Center's new Compass bolt-action rifle for proof. Factory specializes in scaling up businesses, according to the Kansas-born Thompson, who during his career led other food companies, including American Italian Pasta and Meow Mix. The 165,000-square-foot Stuffed Puffs facility opened in January at the site of the former Guardian Life offices in Hanover Township, Northampton County. Factory is a 40,000-square-foot innovation center that offers a chance for businesses to scale up their products and introduce them to a wider audience, which translates into higher sales and more income. Workers Memorial 32nd Anniversary ceremony | PHOTOS, Baby alligator found at Allentown wastewater treatment plant, Bryan Kohbergers former school district wont talk. LVB, Lehigh Valley Business provides 24/7 business news coverage and events honoring top business professionals. Way to go team!, Copyright 2023 Factory, LLC | All Rights Reserved. Phone: 610-266-6775 Fax: 610-266-7623 Hours: Monday - Friday, 9 a.m. to 5 p.m. The facility is also designed to make products contracted by companies unaffiliated with Factory. Andra is a financial professional with 12 years of experience in general accounting, budgeting, treasury, financial planning, and banking. Born in Coldwater, Kan. Married 25 years; three children, 23,22 and 19. He has deep operational experience across multiple disciplines, having helped build each of these organizations, including marketing and sales, manufacturing, supply chain and distribution, and innovation infrastructure, and he has supervised the design and construction of seven manufacturing facilities. 3/19/2023 9:05 PM. This guy, Krajsa said of Thompson, knows what he is doing, and he moves at lightning speed.. I don't want to force us into any weather or conditions that are not good to be in.Do you have your own flight department?No. Trey is a graphic designer with experience in UI/UX, branding, and advertising. 10/31/2005 to 07/31/2018. Prior to Scala, Michael was the Director of IT at Neoware Systems, Inc., a publicly held company that was the leader in the thin client industry. Mike Tierney, who founded Mikeys in Scottsdale, Ariz., in 2014, said he moved his headquarters and two employees to the Lehigh Valley from Arizona to join Factory, bolstered by Thompsons enthusiasm and Factorys $5 million investment in his company. I never worked for anybody. - Hire top talent to meet and exceed . Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. The Women of Influence honorees are selected[], We take a look at the latest developments in Health Care across the region. Profile. I'm not [planning to sell the 700] until I find something to replace it. As a design-focused problem solver, John, a Lafayette graduate, leans on his background with B.S./B.A. The region has a particularly strong presence of food, beverage and pet food manufacturers including Just Born, Ocean Spray, Freshpet, and Coca Cola. Andra holds an MBA from DeSales University. I use the airplane to fly there. Dylan interned with Factorys research and development department before joining the team full-time in 2020. That's what a good entrepreneur does. His areas of expertise include general accounting, month- and year-end closings, inventory reconciliation, cash flow, budgeting, and tax reporting. Most hydration plants are in California, Salt Lake City and in the South. Marshmello x Stuffed Puffs: Inside The DJs Equity Deal With Popular Marshmallow Company, 5 Reasons why Lehigh Valley is the perfect spot for entrepreneurs, A green oasis rising above Lehigh Valleys urban areas. Her personal work ranges from photojournalism to abstract art. Founder Michael Tierney has been pioneering the proprietary process for a decade. Analee has almost three decades of quality assurance experience, specializing in food safety and regulatory compliance, third-party auditing requirements, and certification body bylaws. By the time Thompson left his post as CEO in 2016, Do Not Sell/Share My Personal Information. She earned a B.A. Read More . Factory Manufacturing Inc. opened a 75,000-square-foot facility in Hanover Township, Northampton County, across the street from Freshpets pet food operations. Rich's inspires possibilities with high quality, wholesale food products and ingredients that can be found in commercial kitchens in all corners of the globe. . Then he started to teach me how to fly. PREVIOUS POSITIONS: CEO and president of The Meow Mix Company, which he bought with JW Childs Associates from Nestle/Purina for $167 million in 2002. Thompson said hydration and powdered drinks are a growing industry as environmentally conscious people cut back on using plastic in favor of reusable bottles. We do the Shelter Makeover so that the community has to get involved with the shelter to help it win a million-dollar makeover. This website uses cookies to improve your experience while you navigate through the website. One of the men behind Stuffed Puffs, Freshpet, Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), One of the men behind Stuffed Puffs, Freshpet has a new food operation in the Lehigh Valley, You never expect to send your son to work and never return home: Lehigh Valley ceremony remembers teen, firefighters, others who died on the job, L.V. Suppliers of highly customized equipment had trouble getting into the country, sending Tierney into a deep dive of immigration procedures while trying to build and run a young business during a historic economic downturn. In the past year, Thompson said, the challenge was preparing for the coming recession and being sure we did not have to lay off any team members and at the same time staffing up our new Hydration plant. Factorys in-house staff, in turn, provides services such as marketing, social media, product display and kitchen-testing of new products duties that Thompson said Mikeys would have to do itself or outsource. Founded American Italian Pasta Company in 1987; it went public in 1997. They need help for everything. She helped me get rid of the 210. All rights reserved. They're a great consumer-products team. Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world. Speakers discussed the new globalization - or reglobalization and how it will be different. Prior to joining Factory full-time, Megan served as an intern with the social media and digital marketing team. Shes worked in food trucks in North Carolina, baked pastries in Colorado, and cooked up dinners at the Grand Canyon. One result: Penn State Lehigh Valley has office space inside Factory (actually, like other occupants, its in a converted shipping container that has been painted red and customized) for the schools LaunchBox a business-accelerator program aimed at connecting early-stage entrepreneurs with advisers, funding and more. Fractionals are perfect for a corporation that doesn't want to own an airplane, or people who don't know anything about airplanes. 10/31/2005 to 12/31/2012. Previously, Richard was a Chief Executive Officer and Top Catat Zootoo and also held positions at Freshpet, The Meow Mix, Google, American Italian Pasta. September 1, 2009. Facebook gives people the power. The 16 acres of grounds on the Hoosic River in North Adams, Massachusetts, encompass a [] Be careful what you spill! We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Read More at:. Troy, NY Steel Krafts Building Materials and Supplies, Inc.. At Factory, Mike assists our brand partners in establishing operational procedures using business analytics to streamline their processes and deliver cost savings to the bottom line. Trey worked at Discover Lehigh Valley, the destination marketing board for the Lehigh Valley. The 40,000 square-foot innovation center offers services in everything from food safety, product development, supply chain, social media marketing, and packaging, design and engineering. The next thing Krajsa knew, he and other school officials were boarding Thompsons plane to meet representatives at Penn States main campus. All rights reserved. Prior to that she led marketing for Balance Bars successful turnaround while working at a private equity-backed firm. But our Shark Tank events are going to be called The Blast Furnace. Can you come into The Blast Furnace. rich plums and chocolates. Official MapQuest website, find driving directions, maps, live traffic updates and road conditions. He has worked with manufacturers, retailers, and brand development agencies, including Gillette, Dial, H-E-B Private Brand, and Daymon Worldwide. Other recent hires include Cresa, Berkshire Hathaway HomeServices Fox & Roach and Girls on the R[]. in fine arts with a concentration in photography from Kutztown University. The other one is that we are certainly a big believer that hydration in powder form, whether its in sticks, bags or tubs, is the future because people cant afford to move plastic and heavy objects around this country with the price of fuel, the price of supply chain and with a clean carbon footprint.. Petrucci Co., was among the 5.2 million square feet of industrial space delivered so far this year in Lehigh and Northampton counties. We didnt hide. in Communications and Marketing from Franklin University. Mike has over 30 years of experience in logistics, distribution, inventory control, and supply chain management across various industries. Under the arrangement, Tierney is able to work on his business plan and continue to manufacture Mikeys products in two locations in Texas and Michigan. They raised $250 million, began assembling a team of seasoned consumer products veterans across all operating disciplines, and bought a building on the old Bethlehem Steel campus in Pennsylvania, which they re-habbed into an innovation and scale-up resource facility. APRIL GAMIZ / THE MORNING CALL, Rich Thompson, Managing Partner, helped create over $3 billion in enterprise value as CEO of American Italian Pasta Company, The Meow Mix Company and Freshpet. Shannon earned her B.A. Before joining Factory, Christoph worked at Emil Capital Partners, a consumer-orientated venture capital and growth equity firm based in Greenwich, CT. At Emil, Christoph focused on managing the firms current investments as well as sourcing new deals. We found that 70 percent of the people in most communities don't know where their local shelter is. Its a reason why the Lehigh Valleys manufacturing had an economic output of $8.4 billion, making it the largest contributor to the regions $47 billion gross domestic product, which measures total market value of the goods and services produced in a region over a year. Since 2003, Business Jet Traveler has been providing subscribers in more than 150 countries with aviation and lifestyle news, reviews, and features. Factory Manufacturing is the second manufacturing facility to arise from the Factory LLC. He also served in the Golani brigade of the Israeli Defense Forces from 2010 2012. "I went to Belize for seven years when it was still British Honduras," he said. in accounting from Binghamton University. Health Care Trends & Updates Virtual Discussion, Your California Privacy Rights/Privacy Policy. Will I someday trade up to an 800? We have an investment in a pasta business in North Dakota. Here he shows off the innovation kitchen. Thompson said he left Freshpet, which is based in Secaucus, N.J., partly because of his interest in pursuing this venture. Linsey is a graduate of New England Culinary Institute, earned her B.A. When youre a small company, you cant hire all that expertise, Cunningham said. ifsi virtual learning. Yadira has ten years of experience in supply chain operations, project execution, inventory planning, and streamlining business processes. Our Munich Showroom occupies a bright and lovely space on . So far, the platform has 20 to 30 users, representing at least 10 . Megan handles social media engagement, posting, and reporting for Factorys brand partners. Everyone thought I was crazy. Tim Pollak was CEO of a top-20 global ad agency and vice chairman of two top-5 agencies, Y&R and Dentsu. Factory Manufacturing Inc. opened. With an economic output of $8.4 billion, manufacturing was the biggest contributor to the Lehigh Valley metro regions GDP in 2021 and employs more than 36,000 people in Lehigh and Northampton counties, making products ranging from Crayola crayons, Mack Trucks and Stuffed Puffs. Markets never sleep, and neither does Bloomberg News. These cookies will be stored in your browser only with your consent. Oct 2002 - Jan 20041 year 4 months. Thousands of people were at the shelters with signs and balloons and lots of pets were adopted.Do you spend all your time on Zootoo?Mostly, but I have other businesses. Prior Factory, Leland worked at AUA Private Equity Partners, Wild Oats and Guggenheim Securities where he completed transactions in food and beverage, restaurants and e-Commerce. Fidelity Advisor Stock Selector Small Cap Fund - Class M. Prior to exploring his entrepreneurial side, he was the Vice President of Global SaaS, Operations & Technology for Scala, Inc., overseeing the continuous development of the Scala SaaS offerings and the development and implementation of Enterprise Technology Investment Strategy. Find Rich Thompson's phone number, address, and email on Spokeo, the leading online directory for contact information. She earned a B.A. A former CEO of Freshpet, Thompson had helped lead the move of Freshpet into Lehigh Valley in a production facility just across the street from where Factory Manufacturing LLC is now in Lehigh Valley Industrial Park IV. - Responsible for starting up a North America Operation with full P/L ownership. If you do a good job in empowering people to take ownership, you find that you get the best ideas from the people that do the work each and every day, Tierney said. He has a BA in economics and European history from the University of Wisconsin-Madison. Anthony Salamone is a reporter covering general news in Northampton County. He has worked with a variety of CPG companies including Nestl Waters North America, Heineken, Unilever, and Mars Wrigley. So Richard and Tim partnered with Keith Caldwell, a financial guru who previously managed $8 billion in assets with a leading international investment group. Twitter. How did you get involved in aviation?I worked at the local airport while I was in high school. Donna has worked in consumer brands with Rich Thompson for over 17 years, first as executive assistant at Meow Mix, then as senior executive assistant at Freshpet, and now as director of office operations at Factory, where she works with the partners in managing the day-to-day activities of the company. Rich Thompson, founder and managing partner of Factory LLC, recently started a plant to makes powdered drinks, protein bars and other consumable products. We also charter the airplane occasionally, so for me it's still kind of business.Have you ever considered jet cards or fractional shares?I've looked at all that stuff. We use cookies to ensure that we give you the best experience on our website. Nobody knew what Zootoo was six months before. Don Cunningham, president and CEO of Lehigh Valley Economic Development Corp., said many small food companies face challenges of getting their products on store shelves. Tierney, then a 19-year-old college student, bantered with friends about why smores never looked like they do in commercials his problem was that the chocolate stayed hard but the marshmallow turned gooey. Prior to joining Factory, Keith worked for eight years with Fortress Investment Group, where he was a portfolio manager responsible for the day-to-day operations of a real estate portfolio in the U.S. and Europe. Donna has worked in consumer brands with Rich Thompson for over 17 years, first as executive assistant at Meow Mix, then as . Here's a list of some of the top trending technologies and APIs used by Factory Motor Parts. I think thats lost in so many manufacturing facilities.. Team members write meeting notes on the glass office walls and white board partitions between desks. This category only includes cookies that ensures basic functionalities and security features of the website. In his most recent role at Mars Wrigley, he led a team of four demand planning managers with responsibility for all seasonal and display forecasting. EDUCATION: El Paso Community College.PERSONAL: Age 57. A look inside the Factory LLC, a new business incubator in south Bethlehem at a former Bethlehem Steel factory on Thursday, January 10, 2019. Drummer. Charlie has been cooking professionally for over 20 years. Chad has over 13 years of CPG experience between Nestl USA and Mars Wrigley, including seven years of progressive responsibility in demand planning. 1980 Jim Thompson Factory. Barbara has diverse experience in consumer insights, business development sales, event planning, and digital marketing. The only way a shelter can win is to engage the media in a community-get the local paper and TV or radio stations to come do a story.We got more than 600,000 pet reviews and one million pet photos on Zootoo just doing that. The Lehigh Valley is an ideal location within driving distance of a third of the U.S. population. Rich Thompson played for the Indianapolis Indians in 2005 and 2006. But, on top of that, he said, the project itself was ground-breaking. RHP Rich Thompson assigned to Toros del Este. Heathers background is in residential and commercial facility care. So you have to be in a position where you can take advantage of the opportunity. Leland has an MBA from Columbia University. Accomplished manufacturing entrepreneur Rich Thompson and his team of seasoned pros have spent the last five years luring innovative food, beverage and pet food (Think Freshpet) companies to the Lehigh Valley and helping them to scale up at a business innovation center named Factory LLC in south Bethlehem. The building is equipped for the production and packaging of powdered drinks, supplements and energy/protein bars. This was not a standard project, Polt said. The new building, in Lehigh Valley Industrial Park IV, is equipped to produce and package powdered drinks, supplements and energy/protein bars. Nearly five years ago, Thompson and his team launched Factory LLC in Bethlehem, a business innovation center for food, beverage and pet companies looking to scale up. In recent years, Thompson helped grow specialty pet food maker Freshpet from 80 to about 125 employees when it moved production from Richland Township to Northampton County, and later when it went from a privately held to a public company.
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