We took all the precautions. Megan handles social media engagement, posting, and reporting for Factorys brand partners. Can you take the heat of The Blast Furnace?, Said Marz: Its kind of a real life Shark Tank, but its in our backyard.. Our team is ready to find out what works best for you and execute accurately, efficiently, and with an unmatched level of expertise, quality, and customer service. I have a different split with Maine Aviation than when they charter it to someone else.I saw online that your 700 is for sale. People know I'm involved.What is the worst mistake a CEO can make?Not listening to your people. Copyright 2023 Factory, LLC | All Rights Reserved. I'm not [planning to sell the 700] until I find something to replace it. All rights reserved. Another run is being made for Honey Stinger, another Factory brand partner that makes performance chews, energy waffles and protein bars. I'm sitting in meetings, listening to people and giving feedback. She earned a B.A. The Pennsylvania Dairy Promotion Program has elected its first female chair. Oct 2002 - Jan 20041 year 4 months. Factory Motor Parts Company Profile | Management and - Datanyze Michelle has over 15 years of accounting experience, specializing in accounts payable and general accounting. The person who helped bring Stuffed Puffs and Freshpet to manufacture their products in the Lehigh Valley is starting another food and beverage operation in the area. 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. Stuffed Puffs is now fully operational and engineering is underway for the second production line. APRIL GAMIZ / THE MORNING CALL, The social media area. Pennsylvania equity firm invests in Honey Stinger He said he was laughed out of the meetings and told to get a real job. 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. 3600+ "Richard Thompson" profiles | LinkedIn Nobody knew what Zootoo was six months before. He rolled out Podium X in mid-February. 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. But its not a manufacturing site. Probably. What happened?When I was 32 I met Kristen, my future wife, in a Republic Airlines boarding line at Minneapolis Airport. John has almost three decades of supply chain and logistics experience. Most hydration plants are in California, Salt Lake City and in the South. Our Lehigh Valley, PA-based and GMP-audited facilities are equipped with top-of-the-line automated equipment for blending, dispensing, and packaging powders. To launch his effort, Thompson received public help in the form of state tax credits worth $200,000, according to Alicia Miller Karner, Bethlehems community and economic development director. 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. Prior to joining the Factory team. Managing partner of Factory LLC, Rich Thompson helped create over $3 billion in enterprise value as CEO of American Italian Pasta Co., The Meow Mix Co. and Freshpet, according to his online bio. in graphic design, with a minor in mass communication, from Lehigh University, has experience as a designer in the food industry with Zavino Hospitality Group in Philadelphia, and was a senior designer at Fusion, a student-run design agency at Lehigh that does work for local businesses. Richard Thompson | Business Jet Traveler The top 20 point-earning shelters received prize money [though only one got the million-dollar makeover]. Rich & Thompson Funeral & Cremation Service - Burlington, NC Facebook gives people the power. Stuffed Puffs New Factory Opens in Hot Lehigh Valley Industrial Market Rich Thompson: Business Profiles | ZoomInfo.com 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. unique traits of plants, animals and humans. Richard Thompson - Managing Partner - Factory | ZoomInfo All rights reserved. Petrucci Co.s Triple Net Investments. Pat has a B.S. rich plums and chocolates. 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. Shannon holds a B.A. 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. rich thompson factory. Rich Thompson is the President at MST Steel based in Warren, Michigan. I'm waiting for the market to dictate when I do that. free, frozen food to subsidize his marshmallow passion. Profile. Advertisement. He is currently working to complete his Certified Management Accountant License from the Institute of Management Accountants. Clinician. degrees in economics and business, civil engineering and environmental science, and, of course, visual communications. When you think about it, thats awesome, Thompson said. You need to know what everyone is thinking about on a project. We made a few dollars. Budgeting, forecasting . His areas of expertise include general accounting, month- and year-end closings, inventory reconciliation, cash flow, budgeting, and tax reporting. It also cuts down on plastics because customers can pour the powder into their re-usable bottles, reducing the need for single-use plastics. So they go to a pet store instead of adopting a pet. We've put in more than $8 million as startup capital.Do you plan to have advertising on the site?Yes, because we have a rich vertical [market] with pet lovers. Our panel of experts will look at recent changes in health care [], The Forty Under 40 awards recognize Lehigh Valleys leaders who are under the age of 40 based on their professional accomplishments, commu[]. It is mandatory to procure user consent prior to running these cookies on your website. "I went to Belize for seven years when it was still British Honduras," he said. Founded American Italian Pasta Company in 1987; it went public in 1997. Rich Thompson's Phone Number and Email Last Update. Facebook. Rich Thompson is Managing Partner/Founder at Factory LLC/The. Previously, Richard was a Chief Executive Officer and Top Catat Zootoo and also held positions at Freshpet, The Meow Mix, Google, American Italian Pasta. I looked at his track record of success. The 16 acres of grounds on the Hoosic River in North Adams, Massachusetts, encompass a [] So they started thinking about all the things that can go wrong, even when an entrepreneur has a great idea. He's also an unabashed proponent of business aviation. View the profiles of people named Judith Thompson. We continue to see strong interest from manufacturers who want to take advantage of the regions location and talent.. Ground was broken in the last quarter of 2019 on the eve of a worldwide pandemic that created labor challenges, locked down countries and disrupted supply chains. 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. One aspect makes Factory distinct: A pool of $250 million in private-equity funds available to buy stakes in the companies, said Thompson, 67, who lives in Upper Saucon Township. Local officials, economic development representatives and others are excited about Thompsons project. Rich Products Corporation | Global Food Supplier Serving Foodservice The Lehigh Valley is rich with those things.. Analee has a project management professional certification and a B.S. See Rich Thompson's compensation, career history, education, & memberships. 10/31/2005 to 12/31/2012. Factory LLC, located in South Bethlehem is a one-of-a kind, custom-built, 40,000 sq. "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. Factory LLC in Lehigh Valley | Made Possible in Lehigh Valley Official MapQuest website, find driving directions, maps, live traffic updates and road conditions. Powdered drinks are a multibillion-dollar industry that needed a production facility on the East Coast, Thompson said. He has served on the boards of eight manufacturing, marketing, and education companies, including American Italian Pasta, Meow Mix and Freshpet, spent 5 years as a CEO, and has done business in over 50 countries. She helps Factorys brand partners develop and refine their ecommerce strategies, handling everything from launching and managing ecommerce sites through forecasting and reporting. Explore! I didn't get a college degree, so I can't be a lawyer or a doctor. But within a year after we got married, Kristen said, "You're hanging out at the hangar too much. In his previous role as a senior packaging engineer for Godiva Chocolatier, he created packaging for approximately 150 new SKUs annually and spearheaded a packaging standardization project that saved $2 million in materials costs year-over-year. Team - Factory LLC Marla is a CPA and financial executive with over 25 years of experience in financial accounting and reporting, budgeting and planning, and treasury. Factory Manufacturing LLC Launches New Production Facility Homes in Southampton, N.Y.; Sun Valley, Idaho; and Los Cabos, Mexico. Kyla brings over six years of experience in managing retail and e-commerce operations. The latest number, which was released in December by the U.S. Bureau of Economic Analysis, is a record for the region, according to the Lehigh Valley Economic Development Corp. Evan Jones is a reporter covering business and development in the Lehigh Valley. The idea for the company started about a dozen years ago while Tierney was sitting around a campfire with friends on summer break. Factory Manufacturing Inc. opened. A look inside the Factory LLC, a new business incubator in south Bethlehem at a former Bethlehem Steel factory on Thursday, January 10, 2019. 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. I got my pilot's license in June 1967.You said you've had several piston airplanes, but you stopped flying. Factory specializes in "scaling up" businesses, according to the Kansas-born. 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. From Ireland, the New Economy Gateway series brings together regional leaders to discuss, analyze and propose solutions to the global economys most pressing problems. Tim Pollak was CEO of a top-20 global ad agency and vice chairman of two top-5 agencies, Y&R and Dentsu. But Pleasant Valley turned over records for Idaho case, which was started five years ago in south Bethlehem, Do Not Sell/Share My Personal Information. Stuffed Puffs netted a distribution deal with Walmart and started production in Wisconsin at their R&D facility. We didnt hide. Nicole earned a B.A. Lead Manager. October 16, 2009. Be careful what you spill! Richard Thompson has led three emerging companies to exits valued at $3 billion - American Italian Pasta Company (which in 15 years grew from a start-up to the second largest pasta manufacturer in the world), Meow Mix and Freshpet. These cookies do not store any personal information. She works closely with the digital marketing team to create social media graphics, email newsletters, and digital advertisements for Factorys brand partners. 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. So companies selling cat litter, pet food manufacturers, pet suppliers, vets, groomers and so on are the people who you'd want advertising. Richard H Thompson Ltd Malvern College Richard Thompson Co-Owner/President at Steel Krafts Building Materials and Supplies, Inc. A Lehigh Valley native, she has the primary responsibility for the appearance and sanitation of the Factory facility. 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. At Factory Manufacturing, we provide the highest quality powders and are constantly innovating and seeking taste and texture solutions that will also optimize costs and get products to market faster. Ben earned his bachelors degree in business administration from Susquehanna University. She earned a B.A. Were talking to some fairly big contractors and theres not a lot of hydration plants on the East Coast, he said. 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.