Leland has an MBA from Columbia University. Theres a lot of money available to entrepreneurs, and a lot of people willing to give or sell them advice. 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. ""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."". Clinician. He takes the drivers seat, and he has the resources available at your fingertips.. The project reflects Lehigh Valleys continuing growth in food and beverage manufacturing, including Bowery Farming, the largest vertical farm in the nation, is expanding into Bethlehem. 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. I build companies, Thompson said during a recent tour of the 40-foot-tall facility that opened in December. Those design revisions make the Stuffed Puffs building among the first class of pandemic-era industrial facilities. She currently serves on the board of directors for Lehigh Valley Roller Derby. Designed around patented machinery and collaborative space, the project team also had to account for safety protocols such as no touch doors, digital thermometers and nursing station at the front entrance. Thompson said he left Freshpet, which is based in Secaucus, N.J., partly because of his interest in pursuing this venture. Pat provides comprehensive perspectives and solutions from concept to shelf, leveraging his experience in brand management, global sourcing, product development, and retail integration. The capital that I didn't spend on an 800 I have for my business, and I have an airplane that is just as good. We've put bids out on a few. Richard Thompson Factory-LLC.com Thompson helped create over $3 billion in enterprise value as CEO of American Italian Pasta Company, The Meow Mix Company and Freshpet. Yadira holds a degree in computer information technology with a concentration in application development from Northampton Community College and is currently in the process of earning a bachelors degree from Muhlenberg College. My goal is to own the mindset of people who want to find and share information about pets and meet other pet lovers. Leland has 10+ years experience in investment banking and private equity investing in the consumer and retail sectors. Chad has over 13 years of CPG experience between Nestl USA and Mars Wrigley, including seven years of progressive responsibility in demand planning. Way to go team!, Copyright 2023 Factory, LLC | All Rights Reserved. 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. Jessica brings with her years of HR leadership experience in the manufacturing and hospitality fields. See Photos. That sector made up about 18% of the Valleys private sector output, while the national average for manufacturing was 12%. She has provided insight and guidance to operations in dairy, grocery, meat, confectionary, and aseptic beverages. So you have to be in a position where you can take advantage of the opportunity. Lead Manager. Is that correct?Everything I own is for sale. And I can put 500 people in here and have my Shark Tank event, Thompson said, referencing the reality TV show in which budding entrepreneurs get the chance to bring their business dreams to fruition. His job responsibilities include managing the Factory team and investments across 12 companies and two manufacturing plants. Call Us: 336-226-1622 local_florist Rich & Thompson Funeral & Cremation Service 306 Glenwood Ave. Burlington, NC 27215 Tel: 336-226-1622 More Details 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. See Rich Thompson's compensation, career history, education, & memberships. Pat has a B.S. He chose the Lehigh Valley as the best . Facebook gives people the power. 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. Keith earned his MBA at the MIT Sloan School of Management and holds a BS in chemistry from UCSD. Oct 2002 - Jan 20041 year 4 months. 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. Liz is an accomplished graphic designer with a particular talent for branding, typography, and illustration. If you continue to use this site we will assume that you are happy with it. Kristi earned her degree in business administration at Muhlenberg College. Nicole worked in product photography for several years, first at Saks Fifth Avenue and then at Cigars International, before joining Factory. She enjoys digging into the data that our brand partners rely on to set their marketing strategies. 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. The Pennsylvania Dairy Promotion Program has elected its first female chair. 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.[]. This website uses cookies to improve your experience while you navigate through the website. CEO Files Rsum: Richard Thompson POSITION: Founder of Zootoo.com and CEO of GO7Brands. in Communications and Marketing from Franklin University. His areas of expertise include general accounting, month- and year-end closings, inventory reconciliation, cash flow, budgeting, and tax reporting. Factory Manufacturing will begin with a staff of 12, but Thompson says the workforce will gradually expand. This guy, Krajsa said of Thompson, knows what he is doing, and he moves at lightning speed.. Most recently, she was the director of manufacturing for Godiva Chocolatier, where she oversaw all aspects of manufacturing and packaging operations. Stuffed Puffs netted a distribution deal with Walmart and started production in Wisconsin at their R&D facility. One of Factorys first brand partners summed it up this way: Factory gives a $2 million company the resources of a $200 million company. That can make all the difference. Self Employed Entreprenur at Aibs Empire Global. Tyler graduated from Penn State Lehigh Valley with a degree in project and supply chain management. He has a BA in economics and European history from the University of Wisconsin-Madison. That summer we rebuilt a J-3 Cub and made one Aero Commander 500 out of two wrecked ones. I'm not [planning to sell the 700] until I find something to replace it. She keeps invoices flowing and the books reconciled for Factory and our brand partners. Therefore, the community knows where to go to adopt a pet, which brings the shelter and the community together.How did you do that?When you open the [Zootoo] site the first time, it asks for your ZIP code, shows you the shelters near you and asks you to select one-or you can enter the name of any shelter you'd like. An artist whose talents include drawing, calligraphy, and photography, Janes passion is design. Stuffed Puffs is part of a long tradition in the Lehigh Valley of innovation and the production of brand name products, Lehigh Valley Economic Development Corporation President and CEO Don Cunningham said. APRIL GAMIZ / THE MORNING CALL. So they started thinking about all the things that can go wrong, even when an entrepreneur has a great idea. Previously, Richard was a Chief Executive Officer and Top Catat Zootoo and also held positions at Freshpet, The Meow Mix, Google, American Italian Pasta. The high concentration of food and beverage companies in Lehigh Valley has helped propel the region to the nations 52nd largest manufacturing economy. EDUCATION: El Paso Community College.PERSONAL: Age 57. Get our free e-alerts & breaking news notifications! 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. Rich Thompson, founder and managing partner of Factory LLC, recently started a plant to makes powdered drinks, protein bars and other consumable products. Together they started Factory an operating company with funds to invest. We sold it to Del Monte in 2006. She helps Factorys brand partners develop and refine their ecommerce strategies, handling everything from launching and managing ecommerce sites through forecasting and reporting. Prior to Factory, Michael worked at Goldman Sachs, Citigroup, Deloitte Corporate Finance and Israel Discount Bank, where he completed both middle market and large cap M&A and capital markets transactions in the Consumer & Retail and Industrials sectors. I use the airplane to fly there. North America. 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. All rights reserved. But opting out of some of these cookies may have an effect on your browsing experience. I never worked for anybody. What makes Factory MF stand out is that every aspect of design was meticulously thought through and non-conventionally engineered to reach the safety, quality, and operational thresholds needed as a flexible and expanding powder and bar manufacturing facility, said Kevin Brown, operations and maintenance manager. Factorys website notes its proximity to Newark and Philadelphia airports. Yadira has ten years of experience in supply chain operations, project execution, inventory planning, and streamlining business processes. Michelle has over 15 years of accounting experience, specializing in accounts payable and general accounting. As founder and managing partner at Factory LLC, Rich Thompson leads a one-of-a-kind investment company that, in addition to capital, provides strategic guidance to food, beverage and pet. Copyright 2023. The transportation of the products to market will be cheaper because the packets weigh less than bottled beverages, requiring less fossil fuel. Programming Languages (9 Technologies) ASP.NET Microsoft . Stuffed Puffs opened a manufacturing facility in 2021 in the Lehigh Valley. Marla is a CPA and financial executive with over 25 years of experience in financial accounting and reporting, budgeting and planning, and treasury. Sign up for your daily digest of the Greater Lehigh Valley. Prior to joining the Factory staff, she won a branding contest sponsored by Factory and subsequently served as an intern in the graphic design department. We found that 70 percent of the people in most communities don't know where their local shelter is. We didnt go away. Amanda spent the past decade cooking her way across the country. Our friendly and professional staff is at your service - 24/7. ET, Site and contents are 2023 Lehigh Valley Economic Development Corporation. Explore! He has operational experience across multiple disciplines, including marketing and sales, manufacturing, supply chain and distribution and innovation infrastructure. I didn't get a college degree, so I can't be a lawyer or a doctor. Andra holds an MBA from DeSales University. Rich Thompson is Managing Partner/Founder at Factory LLC/The. But its not a manufacturing site. Previously owned a Cessna P210. Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world. On the other hand, whenever everybody is running one way, there's a lot of opportunity where they ran from. Owns a 1981 Hawker 700. 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. Their goal was to partner with a select group of highly ambitious founders/entrepreneurs to help small businesses quickly become big brands. Copyright 2023 Factory, LLC | All Rights Reserved. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Use of this website is subject to its Terms of Use | Privacy Policy | Your California Privacy Rights/Privacy Policy | Do Not Sell My Info/Cookie Policy. 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. He moved to Lehigh Valley to build the business with an investment from Factory and Richard Thompson. Petrucci Co., was among the 5.2 million square feet of industrial space delivered so far this year in Lehigh and Northampton . I can still get from point A to B in comfort.Doesn't it bother you to fly in a 27-year-old airplane?No. In the microcosm of this one factory-campus, it is possible to trace the arc of industrialization and post-industrialization of New England, and indeed the world. 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.
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