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. May 3rd, Trio Generations @ Faircraft BrauHaus Fairport NY, 7-9pm no cover. 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. Email. 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. Elias earned his B.S. You see this in the tech industry and in other spaces, but you dont see it in [consumer product goods], not something this immersive.. Factory LLC in Lehigh Valley | Made Possible in Lehigh Valley Most recently, she worked as a senior accountant for a global medical device organization, where her specialties included benefit plans and asset accounting. 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. Erin holds a B.S. About five years ago, he attended an expo where he met Thompson, the retired Freshpet CEO who would soon launch the Factory in south Bethlehem. Powdered drinks are a multibillion-dollar industry that needed a production facility on the East Coast, Thompson said. Find nearby businesses, restaurants and hotels. Michelle has over 15 years of accounting experience, specializing in accounts payable and general accounting. I got my pilot's license in June 1967.You said you've had several piston airplanes, but you stopped flying. Heathers background is in residential and commercial facility care. Erin has worked on better-for-you CPG brands for over 15 years. Rich Products Corporation | Global Food Supplier Serving Foodservice That would not have happened without the innovation at Factory LLC. How did you get involved in aviation?I worked at the local airport while I was in high school. This is a great facility, and it is located at a perfect spot, logistically, in the Lehigh Valley, he said. 2023 BridgeTower Media. Factory Manufacturing LLC Launches New Production Facility Three months later we were married. 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. 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. 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. 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. 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. Mikeys and Stuffed Puffs brands were among the Factorys early investments. Here, youre not hiring anybody, Thompson said. She graduated from DeSales University with a double major in finance and business administration. Shannon earned her B.A. Rich received a B achelors Degree degree from University of Michigan. The building at Lehigh Valley Flex Center, owned and built by J.G. Eventually, the company could be sold, with its owners and Thompson and his investors reaping a profit. 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. You need to know what everyone is thinking about on a project. Here's a list of some of the top trending technologies and APIs used by Factory Motor Parts. Judith Thompson Profiles | Facebook Specializing in idea-to-shelf product development, with expertise in nutrition and formulation, she has helped bring over 300 new products to market in retail and foodservice. 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. Industries served range from Health Care, Digital Signage and Media, Food Banks, QSRs, Restaurants, Manufacturing, Software and Farming. Python Python Software Foundation . in Communications and Marketing from Franklin University. He earned his B.F.A. Sold Meow Mix to the Cypress Group in 2003 for $435 million, remaining as CEO after reinvesting in Cypress. Jessica brings with her years of HR leadership experience in the manufacturing and hospitality fields. Be careful what you spill! Your typical pet shelter is on a highway somewhere, away from other parts of the community. Rich & Thompson Funeral & Cremation Service - Burlington, NC Factorys website notes its proximity to Newark and Philadelphia airports. I had to be an entrepreneur.What is the origin of GO7Brands?We owned Meow Mix, the cat food company. Its a business accelerator for food, beverage and pet companies looking to scale up. Speakers discussed the new globalization - or reglobalization and how it will be different. 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. As a design-focused problem solver, John, a Lafayette graduate, leans on his background with B.S./B.A. She keeps invoices flowing and the books reconciled for Factory and our brand partners. Eventually, the scaled-up company could be sold, with its owners, Thompson and his investors earning a profit. So companies selling cat litter, pet food manufacturers, pet suppliers, vets, groomers and so on are the people who you'd want advertising. The building at Lehigh Valley Flex Center, owned and built by J.G. 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. Way to go team!, Copyright 2023 Factory, LLC | All Rights Reserved. We took all the precautions. I'm not [planning to sell the 700] until I find something to replace it. Michael holds a BBA from The George Washington University, where he was a 4-year letter winner on the Mens Division 1 golf team, and an MBA from Duke Universitys Fuqua School of Business. Owns a 1981 Hawker 700. Cory is the project manager for all graphic and packaging design projects at Factory. His multidisciplinary skills span digital and traditional media, and his experience includes print and packaging design, digital solutions, brand identities, and integrated campaigns. Trey is a graphic designer with experience in UI/UX, branding, and advertising. It scares everyone else. Rich Thompson, Managing Partner. His areas of expertise include general accounting, month- and year-end closings, inventory reconciliation, cash flow, budgeting, and tax reporting. Read More Contact Richard Thompson's Phone Number and Email Last Update 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. 2007 Jim Thompson Europe. Composer UPCOMING SHOWS More shows > May 5th, Trio East live @ the Little Theatre Cafe, 7-9pm no cover. The airplane is managed by Maine Aviation and all the flights are Part 135, even the ones I do. The mural is a bit of whimsy that belies the super-secret technology within the building: machines that put the chocolate inside the marshmallow. We built and staffed this whole thing during the pandemic. The 16 acres of grounds on the Hoosic River in North Adams, Massachusetts, encompass a [] 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. Factory LLC, located in South Bethlehem is a one-of-a kind, custom-built, 40,000 sq. Team members write meeting notes on the glass office walls and white board partitions between desks. 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. View the profiles of people named Judith Thompson. We've put bids out on a few. Founded American Italian Pasta Company in 1987; it went public in 1997. In his time with the firm, he was responsible for the management of over $3B in invested capital and over $8B in total asset value. Is that correct?Everything I own is for sale. 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Stuffed Puffs New Factory Opens in Hot Lehigh Valley Industrial Market 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. You can talk to all the people, walk around a lot and look a lot. Pot Roast (aka Potsy), a specialist in tasting dog food, plays an integral role in every meeting with emerging pet food companies. Their goal was to partner with a select group of highly ambitious founders/entrepreneurs to help small businesses quickly become big brands. It also cuts down on plastics because customers can pour the powder into their re-usable bottles, reducing the need for single-use plastics. Asad has 17 years of professional accounting and finance experience in the manufacturing sector, including CPG. 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. 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. "I owned 100 acres on Caye Caulker. Trey worked at Discover Lehigh Valley, the destination marketing board for the Lehigh Valley. These cookies do not store any personal information. So Richard and Tim partnered with Keith Caldwell, a financial guru who previously managed $8 billion in assets with a leading international investment group. These arent startups: Honey Stinger traces its beginnings to 1954, according to its website. Rich Thompson: Business Profiles | ZoomInfo.com We made a few dollars. 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 fine arts with a concentration in photography from Kutztown University. He's also an unabashed proponent of business aviation. Rich Thompson (14,152 matches): Phone Number, Email, Address - Spokeo 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. Women of Influence identifies high-achieving women for their tremendous career accomplishments. East Coast Powders Manufacturer | Factory Manufacturing She holds a B.A. That sector made up about 18% of the Valleys private sector output, while the national average for manufacturing was 12%. 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. Insights from LVEDC staff, local business leaders, and innovators. In her last role, she helped build and lead a new photography studio in PA for Henry Schein, a medical products company. People know I'm involved.What is the worst mistake a CEO can make?Not listening to your people. 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. 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. Local officials, economic development representatives and others are excited about Thompsons project. I never worked for anybody. Then we formed GO7, which stands for "gang of seven," because there were seven senior management people at Meow Mix. Liz is an accomplished graphic designer with a particular talent for branding, typography, and illustration. Located in a converted Bethlehem Steel building, Factory includes a team of experienced operators with $250 million of investable capital who acquire meaningful equity stakes in client companies and partner with them to grow. 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. This category only includes cookies that ensures basic functionalities and security features of the website. Rich Thompson - Baseball-Reference.com ROAR Founder Roly Nesi said what he loves about the new powder product line, recently launched on television shopping network QVC, is the ability to test and try out new things. 3600+ "Richard Thompson" profiles | LinkedIn "I went to Belize for seven years when it was still British Honduras," he said. He moved to Lehigh Valley to build the business with an investment from Factory and Richard Thompson. I don't have the time, but I'm trying to find the time.Any advice for business jet passengers?I have one rule for my pilots: We don't have to be anywhere at any given time. In renovated Bethlehem Steel mill, Richard Thompson launches 'Factory It's a $50 billion annual market. Other recent hires include Cresa, Berkshire Hathaway HomeServices Fox & Roach and Girls on the R[]. 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[]. The facility includes blending machines for powder-based beverages, machines that can package the powder in individual, serving-size sticks or bulk containers, and a production line that can produce energy/protein bars in various shapes with short changeover times. He spent 26 years with Nestle, where he rose to vice president of sales for the pizza and snacks division, and he served three years as EVP of enterprise client services at Advantage Sales and Marketing. Her personal work ranges from photojournalism to abstract art. Then he started to teach me how to fly. About Us - Jim Thompson Fabrics Co-Manager. Health Care Trends & Updates Virtual Discussion, Your California Privacy Rights/Privacy Policy. Managing Partner at Factory Richard Thompson is a Managing Partner at Factory based in Bethlehem, Pennsylvania. I didn't get a college degree, so I can't be a lawyer or a doctor. Michael has over seven years experience in Corporate and Investment Banking. Oct 2002 - Jan 20041 year 4 months. Will I someday trade up to an 800? rich plums and chocolates. 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. Profile. A look inside the Factory LLC, a new business incubator in south Bethlehem at a former Bethlehem Steel factory on Thursday, January 10, 2019. With my crew of eight, we went to 20 cities in two weeks in our Hawker. Shes worked in food trucks in North Carolina, baked pastries in Colorado, and cooked up dinners at the Grand Canyon. The instructor said, "If you're going to fly airplanes, you're going to learn why they fly. Prior to joining Factory, she spent time interning for a local Lehigh Valley CPG startup before moving on to a business development role at Oracle. 10/31/2005 to 07/31/2018. In 2019, Thompson launched his own human resources solutions company, Xtra Point Group. 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. 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. Rick Thompson Partner Menlo Park, California, United States View 5+ vialicensing.com signiavc.com mallsoft.com adify.com hawaii.rr.com vids.com netscape.com yahoo.com 5+ 650-400-XXXX 253-631-XXXX 253-569-XXXX 650-614-XXXX 253-921-XXXX 415-913-XXXX Richard Thompson Founder and Managing Partner Bethlehem, Pennsylvania, United States View 5