Elias is an experienced IT manager and network administrator. Michael is a Software Solutions expert who carries an arduously earned amount of wisdom and broad scope of experience in NetSuite Software and business solutions. 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. 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 have an investment in a pasta business in North Dakota. Directory of Profiled Business People: Rich Thompson Thompson, Andie - Thony, Steve > Thompson, Reuben - Thompson, Rosario > Thompson, Rich - Thompson, Richard > Thompson, Rich 1-25 of 1,583 Contacts Andra is a financial professional with 12 years of experience in general accounting, budgeting, treasury, financial planning, and banking. Among those innovations are single-serve powder packets, which allow customers to mix flavored powder in their own glass of water or bottle. 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. Eric has 15 years experience in all aspects of visual branding, including illustration, design, advertising, social media, and, especially, photography. 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. 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. Managing Partner at Factory Richard Thompson is a Managing Partner at Factory based in Bethlehem, Pennsylvania. Local officials, economic development representatives and others are excited about Thompsons project. So they go to a pet store instead of adopting a pet. in mechanical engineering from Cornell University and an MBA from the Tuck School of Business at Dartmouth. 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. We made a few dollars. Tyler graduated from Penn State Lehigh Valley with a degree in project and supply chain management. 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. So you have to be in a position where you can take advantage of the opportunity. free, frozen food to subsidize his marshmallow passion. Shannon has over 10 years experience in ecommerce, online merchandising, and website management at major retailers, including Party City, Lord & Taylor, and Bed, Bath & Beyond. Experience is invaluable, as are the relationships built over years in the industry, and the resources that can make or break a new venture are often unaffordable. You can grow a company faster with less capital and less mistakes.. Most recently, she led the snacks division at the Hain Celestial Group, where she worked on natural channel brands like TERRA Chips and Garden of Eatin, and spent 4 years in leadership roles at B&G foods. He earned his B.F.A. Rich & Thompson Funeral Home & Crematory Providing funeral home, burial, and cremation services for Burlington and NC. Trey is a graphic designer with experience in UI/UX, branding, and advertising. Fidelity Advisor Stock Selector Small Cap Fund - Class M. The mural is a bit of whimsy that belies the super-secret technology within the building: machines that put the chocolate inside the marshmallow. 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. He's also an unabashed proponent of business aviation. 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. Rich Thompson - President - MST Steel | ZoomInfo 10/31/2005 to 07/31/2018. It's a $50 billion annual market. Pennsylvania equity firm invests in Honey Stinger May 3rd, Trio Generations @ Faircraft BrauHaus Fairport NY, 7-9pm no cover. Top Factory Motor Parts Integrations and Technologies. Previously, Rich was the Board Member at Covenant House. Workers Memorial 32nd Anniversary ceremony | PHOTOS, Baby alligator found at Allentown wastewater treatment plant, Bryan Kohbergers former school district wont talk. When you get something with a stand-up bathroom, I'll fly with you again." 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. The facility also includes the research and development expertise provided by Allen Flavors, which works with middle market, entrepreneurial and multinational food and beverage brands with flavors. 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. Official MapQuest website, find driving directions, maps, live traffic updates and road conditions. Founder Rich Thompson considered multiple locations around the country, but ultimately decided there was a particular need for a facility like this on the East Coast. 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. 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. Sold Meow Mix to the Cypress Group in 2003 for $435 million, remaining as CEO after reinvesting in Cypress. The Lehigh Valley is rich with those things.. I'd like to get a Hawker type rating but it would take me two weeks. Join Facebook to connect with Judith Thompson and others you may know. Kyla brings over six years of experience in managing retail and e-commerce operations. Businesses recently named a series of hires in the Lehigh Valley and beyond. Leading $30MM operation comprised of 16 branches and 50+ personnel in central United States, 50% of which realized profit growth in 2003. Three months later we were married. He rolled out Podium X in mid-February. So Richard and Tim partnered with Keith Caldwell, a financial guru who previously managed $8 billion in assets with a leading international investment group. Mike Janes/Four Seam Images via AP Images. Jim earned his bachelors degree in packaging engineering from Michigan State University. Kristi is a true facilities management professional. Anthony Salamone is a reporter covering general news in Northampton County. So far, the platform has 20 to 30 users, representing at least 10 . Linsey is a Certified Research Chef (CRC) with 12 years experience working in innovation and new product development for food companies, with a focus on the natural, organic, and free-from spaces. His areas of expertise include general accounting, month- and year-end closings, inventory reconciliation, cash flow, budgeting, and tax reporting. 10/31/2005 to 12/31/2012. Bethlehem Attorney Dorota Gasienica-Kozak, a partner in King, Spry, Herman, Freund & Faul LLC an[], PSECU, which is headquartered in Harrisburg, but has locations throughout the state, has named Gina [], Eights Gym & Fitness, a gym and fitness center, has opened for business in Alburtis. Finally back home in the Lehigh Valley, she helps prepare breakfast and lunch for the Factory team and our VIP guests. Python Python Software Foundation . A look inside the Factory LLC, a new business incubator in south Bethlehem at a former Bethlehem Steel factory on Thursday, January 10, 2019. EDUCATION: El Paso Community College.PERSONAL: Age 57. Founder Michael Tierney has been pioneering the proprietary process for a decade. Elias earned his B.S. Marla is a strong leader and problem solver with deep operational, financial, and managerial experience in the food industry. To get Zootoo started, we decided to do extreme makeovers for pet shelters, like ABC does for houses. Amanda spent the past decade cooking her way across the country. Her high standards, attention to detail and always-upbeat attitude are valued by everyone on the Factory team. Tim Pollak was CEO of a top-20 global ad agency and vice chairman of two top-5 agencies, Y&R and Dentsu. (Photo/Glenn Koehler). 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. As Freshpets CEO, he tapped into the twin trends of healthier food for the family and the humanization of pets as he led a company which produced the first refrigerated pet foods. 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. 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. Nicole worked in product photography for several years, first at Saks Fifth Avenue and then at Cigars International, before joining Factory. 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. The innovation at Factory Manufacturing LLC is another example of the Lehigh Valleys manufacturing strength, said Don Cunningham, President and CEO of Lehigh Valley Economic Development Corp. (LVEDC). The Pennsylvania Dairy Promotion Program has elected its first female chair. 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. 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. Our Story - Factory LLC We use cookies to ensure that we give you the best experience on our website. 2023 BridgeTower Media. Lehigh Valley was among the busiest industrial markets in the nation during the pandemic. Weve done a lot of manufacturing in the Valley, he said. Is that correct?Everything I own is for sale. That sector made up about 18% of the Valleys private sector output, while the national average for manufacturing was 12%. 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. October 16, 2009. Tierney, who is trained in the culinary arts, went on to work in the elite kitchens of the French Laundry in Napa Valley and Eleven Madison Park in New York City, still chewing on the idea of how to make the perfect smore. 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. By clicking Accept, you consent to the use of ALL the cookies. How did you get involved in aviation?I worked at the local airport while I was in high school. Speakers discussed the new globalization - or reglobalization and how it will be different. Call Us: 336-226-1622 local_florist Rich & Thompson Funeral & Cremation Service 306 Glenwood Ave. Burlington, NC 27215 Tel: 336-226-1622 More Details He spoke more like a visionary than an entrepreneur. Nobody got COVID here that we know about, and we built this 165,000-square-foot facility.. While in college, he was president of the Moravian chapter of the Kappa Pi International Art Honor Society and of Studio South, Moravians student-run design agency. East Coast Powders Manufacturer | Factory Manufacturing Sign-up for our weekly newsletter! Born in Coldwater, Kan. Married 25 years; three children, 23,22 and 19. She graduated from DeSales University with a double major in finance and business administration. 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. 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[]. We found that 70 percent of the people in most communities don't know where their local shelter is. He is currently working to complete his Certified Management Accountant License from the Institute of Management Accountants. Factory Manufacturing Inc. opened. 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. He chose the region to open his second manufacturing plant to supply Walmart and other retailers across the country. His job responsibilities include managing the Factory team and investments across 12 companies and two manufacturing plants. Andra holds an MBA from DeSales University. Rich Thompson (14,152 matches): Phone Number, Email, Address - Spokeo But even beyond that, this product has a beneficial impact to the environmental footprint.. Factory Manufacturing is the second manufacturing facility to arise from the Factory LLC. The instructor said, "If you're going to fly airplanes, you're going to learn why they fly. Asad holds a bachelors degree in commerce with a major in accounting from the University of Mumbai, India. We did [at least] two cities every day. Over the past 10 years she has contributed to a variety of creative teams- developing, designing, and coordinating the production of home goods, largely in the kitchen category. She said Factory also applied for consideration under Local Economic Revitalization Tax Assistance, a tax-abatement program that would mean a cut in property taxes of roughly 50 percent during the next 10 years, if there is an increase in assessment. But when most start-ups get done hiring teams, funding infrastructure and cost-of-goods, and squirreling away working capital, there is often not much left to build the brand, support distribution and drive velocity. rich thompson factory - open-source-erp.com Co-Manager. About 75 million households have pets. "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 specializes in "scaling up" businesses, according to the Kansas-born. They're a great consumer-products team. Its the reason he recently launched Factory, a gleaming, 40,000-square-foot business laboratory of sorts at the Bethlehem Steel Corp. building 96, a former mill that churned out steel during World War II. Troy, NY Steel Krafts Building Materials and Supplies, Inc.. 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. Factory Manufacturing Inc. will manufacture powdered drinks Our Lehigh Valley, PA-based and GMP-audited facilities are equipped with top-of-the-line automated equipment for blending, dispensing, and packaging powders. rich thompson factory. Monroe County-based Weiler Abrasives has chosen Arjang AJ Roshan-Rouz as the next CEO. I think thats lost in so many manufacturing facilities.. Thats in part, Cunningham said, because of the potential spin-out of more out-of-area companies finding out about Factory and relocating to the Valley. Think of it more as Factory U an innovation campus for small companies that are looking to grow, according to Thompson. That would not have happened without the innovation at Factory LLC. Here, youre not hiring anybody, Thompson said. Contact. Prior to joining Factory, he spent 16 years as a senior operations manager for a third-party logistics company where he was responsible for the day-to-day operations for Godiva Chocolatier and other major brands. Lead Manager. Michael has over seven years experience in Corporate and Investment Banking. September 1, 2009. I'm not [planning to sell the 700] until I find something to replace it. 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. Everybody is running for the hills. You need to know what everyone is thinking about on a project. Petrucci Co., was among the 5.2 million square feet of industrial space delivered so far this year in Lehigh and Northampton . 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. of food science from Penn State University. Among its success stories is Stuffed Puffs, which makes chocolate- and caramel-infused marshmallows. View the profiles of people named Judith Thompson. She enjoys digging into the data that our brand partners rely on to set their marketing strategies. It was the first facility of this kind because of this very new [manufacturing] process.. 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 company is a an innovation center for new food and beverage companies located at 315 Columbia St. in Bethlehem, Pa. Meet Richard Thompson, Founder & CEO of Factory LLC - YouTube 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 new building, in Lehigh Valley Industrial Park IV, is equipped to produce and package powdered drinks, supplements and energy/protein bars. Factory Manufacturing LLC has debuted a new facility that makes powdered drinks, protein bars and more in the Lehigh Valley. It is mandatory to procure user consent prior to running these cookies on your website. Rich Quincy Thompson. 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. They need help for everything. We wanted to provide quality manufacturing with innovation in both product and in packaging.. By the time Thompson left his post as CEO in 2016, the refrigerated pet food maker saw annual revenue jump since 2015 nearly 34 percent to $116 million. Nobody knew what Zootoo was six months before. Overnight on Wall Street is morning in Europe. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Serving foodservice, in-store bakery, retail, and industrial markets. Well be looking for some more operators, for sure.. He met Rich while serving on the board American Italian Pasta Company, and also served on the boards of Meow Mix and Freshpet. During his tenure at Neoware, Michael successfully led global ERP and CRM implementations, directed the construction of the SaaS product line, developed numerous internal systems, and initiated many other major business process improvements. in Philosophy from Dickinson College. 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. Stuffed Puffs opened a manufacturing facility in 2021 in the Lehigh Valley. Website Design by Klunk & Millan, This error message is only visible to WordPress admins. Read More Contact Richard Thompson's Phone Number and Email Last Update She believes every problem is an opportunity to identify a creative solution! 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. July 11, 2009. During the tour at Factory, Thompson paused beneath a platform with multiple video screens behind him and a refurbished Bethlehem Steel crane above him. Liz graduated from Moravian College with a B.A. Judith Thompson Profiles | Facebook Rich Thompson, founder and managing partner of Factory LLC, recently started a plant to makes powdered drinks, protein bars and other consumable products. We sold it to Del Monte in 2006. The next thing Krajsa knew, he and other school officials were boarding Thompsons plane to meet representatives at Penn States main campus. 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. His passion is visual storytelling, with a focus on creating visual content around locally sourced food and beverages. Phone: 610-266-6775 Fax: 610-266-7623 Hours: Monday - Friday, 9 a.m. to 5 p.m. In January 2007, Jim Thompson Europe GmbH was incorporated. A look inside the Factory LLC, a new business incubator in south Bethlehem at a former Bethlehem Steel factory on Thursday, January 10, 2019. Official MapQuest - Maps, Driving Directions, Live Traffic The company is a an innovation center for new food and beverage companies located at 315 Columbia St. in Bethlehem, Pa. Rich Thompson Profiles | Facebook But our Shark Tank events are going to be called The Blast Furnace. Can you come into The Blast Furnace. Rich Thompson Professional Musician. Richard Thompson | Business Jet Traveler Barbara grew up in Abu Dhabi, UAE but her hometown is Allentown, PA. Kim earned a BFA from Pennsylvania State University and holds a Certificate in Digital Media from Moore College of Art. Tierney said building the second facility in Lehigh Valley was a no brainer it is in the heart of the Northeast market where Thompson and himself have built a strong network of resources. Fractionals are perfect for a corporation that doesn't want to own an airplane, or people who don't know anything about airplanes. Facebook gives people the power. He takes the drivers seat, and he has the resources available at your fingertips.. This was not a standard project, Polt said. Facebook. Barbara has diverse experience in consumer insights, business development sales, event planning, and digital marketing. Erin has worked on better-for-you CPG brands for over 15 years. Rich has helped achieve three of them. In renovated Bethlehem Steel mill, Richard, Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), In renovated Bethlehem Steel mill, Richard Thompson launches Factory to grow companies with capital and acumen, What a green future could look like for the Lehigh Valley, Retail Watch: A (frozen) taste of New York comes to the Lehigh Valley for the first time, Boscovs says it will take leftover Bed Bath & Beyond coupons, A familiar name opens new coffee and sweets shop. from Kutztown University. The idea for the company started about a dozen years ago while Tierney was sitting around a campfire with friends on summer break. The high concentration of food and beverage companies in Lehigh Valley has helped propel the region to the nations 52nd largest manufacturing economy. Megan handles social media engagement, posting, and reporting for Factorys brand partners. Focused on continuous improvement projects, she boosted efficiencies by incorporating descriptive and real-time analytics into business intelligence tools, which resulted in significant cost savings. But its not a manufacturing site. Rich Thompson's Phone Number and Email Last Update. 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. A look inside the Factory LLC, a new business incubator in south Bethlehem at a former Bethlehem Steel factory on Thursday, January 10, 2019. Stuffed Puffs is now fully operational and engineering is underway for the second production line. Those design revisions make the Stuffed Puffs building among the first class of pandemic-era industrial facilities. Oct 2018 - Present4 years 5 months. Linsey is a graduate of New England Culinary Institute, earned her B.A.
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