rich thompson factory

Michael has over seven years experience in Corporate and Investment Banking. Factory Manufacturing is the second manufacturing facility to arise from the Factory LLC. Prior to joining the Factory team. Factory Manufacturing Inc. opened a 75,000-square-foot facility in Hanover Township, Northampton County, across the street from Freshpets pet food operations. She helps Factorys brand partners develop and refine their ecommerce strategies, handling everything from launching and managing ecommerce sites through forecasting and reporting. 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. We made a few dollars. free, frozen food to subsidize his marshmallow passion. 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. 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). 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. 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. Contact. 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. "I owned 100 acres on Caye Caulker. 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. Los Angeles Angels recalled Rich Thompson from Salt Lake Bees. 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. Giu 11, 2022 | how to calculate calories per serving in a recipe. That sector made up about 18% of the Valleys private sector output, while the national average for manufacturing was 12%. You can talk to all the people, walk around a lot and look a lot. How did the idea to do Animal Shelter Makeovers evolve?At Meow Mix, we gave a lot of cat food to animal shelters. He started another business Mikeys gluten-, Investor Richard Thompson of the Factory (left) and Stuffed Puffs CEO Michael Tierney (right) worked together to scale up Stuffed Puffs into a national brand and recently opened a second facility in Hanover Township, Northampton County. Previously, Rich was the Board Member at Covenant House. Michelle has over 15 years of accounting experience, specializing in accounts payable and general accounting. Educator. Kristi earned her degree in business administration at Muhlenberg College. 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. 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. Linsey is also the host of The Ingredient Panel podcast, where a food scientist, a chef, and a food product developer discuss what's in your food, why it's in your food, and why that matters. Your typical pet shelter is on a highway somewhere, away from other parts of the community. CEO Files Rsum: Richard Thompson POSITION: Founder of Zootoo.com and CEO of GO7Brands. Most recently, she worked as a content manager at Lafayette College, helping to tell the stories of a legacy institution in the Lehigh Valley. 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. See Rich Thompson's compensation, career history, education, & memberships. John helps our Factory brand partners ensure that their supply chain and logistics infrastructure is optimized by providing strategic and tactical support for distribution processes, inventory management, and cost savings. Donna has worked in consumer brands with Rich Thompson for over 17 years, first as executive assistant at Meow Mix, then as . We also use third-party cookies that help us analyze and understand how you use this website. 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 10/31/2005 to 12/31/2012. from Kutztown University. - Hire top talent to meet and exceed . Serving foodservice, in-store bakery, retail, and industrial markets. I build companies, Thompson said during a recent tour of the 40-foot-tall facility that opened in December. I got my pilot's license in June 1967.You said you've had several piston airplanes, but you stopped flying. Michaels entrepreneurship combined with Richard Thompson and Factorys innovation center for food and beverage has created the latest Lehigh Valley-made product to land on the nations supermarket shelves.. These cookies will be stored in your browser only with your consent. Together they started Factory an operating company with funds to invest. Her personal work ranges from photojournalism to abstract art. 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. unique traits of plants, animals and humans. Finally back home in the Lehigh Valley, she helps prepare breakfast and lunch for the Factory team and our VIP guests. Elias earned his B.S. 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. ET, Site and contents are 2023 Lehigh Valley Economic Development Corporation. 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. We use cookies to ensure that we give you the best experience on our website. in graphic and interactive design and a minor in business management (marketing track). When youre a small company, you cant hire all that expertise, Cunningham said. Rich helped create over $3 billion in enterprise value as CEO of American Italian Pasta Company, The Meow Mix Company and Freshpet. How did you get involved in aviation?I worked at the local airport while I was in high school. These cookies do not store any personal information. A look inside the Factory LLC, a new business incubator in south Bethlehem at a former Bethlehem Steel factory on Thursday, January 10, 2019. degrees in economics and business, civil engineering and environmental science, and, of course, visual communications. 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. Six years ago, I bought this airplane. (Photo/Marco Calderon). I like to do what you see here, because nobody has done it before, said Thompson, claiming Factory is a one-of-a-kind operation in North America in terms of its specific business concept. He earned his BA at Dartmouth and MBA at Columbia University. Other recent hires include Cresa, Berkshire Hathaway HomeServices Fox & Roach and Girls on the R[]. Why did you buy a Hawker 700, a model that has been out of production since 1984?Because there's a big price difference between it and the Hawker 800. The company is a an innovation center for new food and beverage companies located at 315 Columbia St. in Bethlehem, Pa. Our Munich Showroom occupies a bright and lovely space on . Our Lehigh Valley, PA-based and GMP-audited facilities are equipped with top-of-the-line automated equipment for blending, dispensing, and packaging powders. Dylan is a graduate of Penn States food science program, where he did research on the quantities of antioxidants in fruits and vegetables. In 2019, Thompson launched his own human resources solutions company, Xtra Point Group. Lehigh Valley was among the busiest industrial markets in the nation during the pandemic. When you get something with a stand-up bathroom, I'll fly with you again." Motoko Rich is Tokyo bureau chief for The New York Times, where she covers Japanese politics, society, gender and the arts, as well as news and features on the Korean peninsula. It's very reliable. Copyright 2023 Factory, LLC | All Rights Reserved. She works closely with the digital marketing team to create social media graphics, email newsletters, and digital advertisements for Factorys brand partners. I never worked for anybody. Erin has worked on better-for-you CPG brands for over 15 years. Co-Manager. I got her upgraded to sit in first class next to me. When Michael Krajsa, assistant business professor at Penn State Lehigh Valley, discussed Factory with Thompson, he advised Thompson to consider tapping into the university, which is noted for its food science and agricultural research. Among those innovations are single-serve powder packets, which allow customers to mix flavored powder in their own glass of water or bottle. Copyright 2023. Barbara has diverse experience in consumer insights, business development sales, event planning, and digital marketing. in Philosophy from Dickinson College. These arent startups: Honey Stinger traces its beginnings to 1954, according to its website. 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. With a stage at his feet, multiple video screens behind him, and a World War II-era overhead crane above, entrepreneur Richard Thompson has launched Factory in south Bethlehem, a business-innovation campus for small companies looking for growth. Has commercial pilot certificate with single- and multi-engine and instrument ratings. Rich Thompson is the Executive Vice President, Asset Management at Arcis Golf. 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. Be careful what you spill! 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. 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. That's what a good entrepreneur does. 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She helped me get rid of the 210. We do the Shelter Makeover so that the community has to get involved with the shelter to help it win a million-dollar makeover. Her background in data research and analytics gives her a keen eye for spotting the latest social trends and knack for measuring results. Francine Marz, director of Northampton Community Colleges culinary arts program, hopes to develop a partnership with Factory. Chad received his undergraduate degree from Bloomsburg University and his MBA from Moravian College. 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. Tim Pollak was CEO of a top-20 global ad agency and vice chairman of two top-5 agencies, Y&R and Dentsu. His passion is visual storytelling, with a focus on creating visual content around locally sourced food and beverages. Shannon holds a B.A. He has worked with manufacturers, retailers, and brand development agencies, including Gillette, Dial, H-E-B Private Brand, and Daymon Worldwide. 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. 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. Marla is a CPA and financial executive with over 25 years of experience in financial accounting and reporting, budgeting and planning, and treasury. - Rich Thompson, Managing Partner. 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.

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