RPI Investment Campaign Brochure 2024

Invest in the future of Greater Grand Rapids.

PEOPLE

Invest in the future of Greater Grand Rapids

PLACE

PROSPERITY

PEOPLE. PLACE. PROSPERITY.

INVEST IN THE FUTURE OF GREATER GRAND RAPIDS

The Right Place, Inc. (RPI) is the leading economic development organization for the Greater Grand Rapids region, driving economic growth by focusing on strategic pillars of People, Place and Prosperity. For nearly four decades, RPI has provided the strategic leadership necessary to advance the Greater Grand Rapids economy, generating over $6.1 billion in private investment and over 50,000 jobs. Results like these speak to our region’s sustained and focused commitment to economic development, with The Right Place at the helm, putting us well ahead of other regions whose efforts run in fits and starts. This level of success would not be possible without strong support from our investors, partners and community leaders. As we envision what our region will look like in the decades to come, we have remained ambitious – to position Greater Grand Rapids as the most resilient, productive and equitable regional economy in the nation. But growth does not happen in a vacuum. Support from leaders like you is critical to achieving our vision. That’s why we have launched a five-year investment campaign to provide the resources necessary to fuel the economic development of Greater Grand Rapids.

There is no doubt that our region is stronger as a result of The Right Place’s regional collaborative approach to economic development.

We envision a future where Greater Grand Rapids is the growth leader of the Midwest – growing our economy, growing inclusive opportunities, growing our story, and ultimately growing our impact.

When you invest in The Right Place, you join a group of nearly 300 business and community leaders who are playing a role in making this vision a reality.

Interested in learning more?

Contact our Investor Relations team today.

We invite you to join us as we drive growth, innovation and economic prosperity for all.

Emily Mace Investor Relations Specialist macee@rightplace.org 586-243-7755

Complete the investment commitment form linked HERE or scan the QR code.

Lauren Davis Campaign Co-Chair West Michigan Regional President The Huntington National Bank

Rick Keyes Campaign Co-Chair President & CEO Meijer

Randy Thelen President & CEO The Right Place, Inc.

The Right Place has generated over:

01

02

CAMPAIGN CABINET

ABOUT THE RIGHT PLACE The Right Place, Inc. (RPI) is the leading economic development organization for the Greater Grand Rapids region. RPI exists to catalyze economic growth by focusing on three strategic pillars: PEOPLE We aspire to be a region where everyone can achieve their highest potential. We work toward this aspiration by strategizing with regional talent partners, leveraging our business network to amplify best practices, and benchmark area talent development, retention, and attraction efforts. PLACE We aspire to be a region of choice, where people choose to visit, locate, & stay. We work toward this aspiration by focusing on strategies related to placemaking, infrastructure enhancements, site development and transformational projects. PROSPERITY We aspire to be a vibrant economy that provides good career opportunities for all. We work toward this aspiration through strategies focused on business retention,

OUR VISION

OUR MISSION To drive sustainable economic growth and shared prosperity for all in the Greater Grand Rapids Region. That the Greater Grand Rapids Region will be the most resilient, productive, and equitable regional economy in the nation.

Campaign Co-Chairs Lauren Davis

West Michigan Regional President

Huntington Bank

Rick Keyes

President & CEO

Meijer, Inc.

Harold Burrell, Jr.

Senior Vice President

Lighthouse Group

Adam Doubblestein

Chief Operating Officer

TowerPinkster

Steve Downing

President & CEO

Gentex Corporation

Katie Ferris

Tax Office Managing Partner

BDO

Josh Hulst

Co-founder & Managing Partner

MichiganLabs

Kevin Jeakle

Grand Rapids Managing Partner

Deloitte

Stu Kingma

Executive Vice President, Associate Broker NAI Wisinski of West Michigan

Leslee Lewis

Member

Dickinson Wright

Charles W. Lott

Senior Vice President

Wells Fargo

Curt Mulder

President

Wolverine Building Group

Stacy Paul

CEO

Array of Engineers

The Right Place Partner Counties

expansion, and attraction, economic inclusion, and business intelligence.

Will Payne

President

Trellis

Memorandum of Understanding with The Right Place

Julius Suchy

Township Manager

Ada Township

Duke Suwyn

Senior Vice President

Advantage Commercial Real Estate

About the Region As defined by the State of Michigan, the Greater Grand Rapids region is

Randy Thelen

President & CEO

The Right Place, Inc.

Brad Thomas

CEO

Progressive Companies

comprised of thirteen counties in western Michigan, seven of which RPI has formal partnership agreements with, in addition to our work in Kent County. The Economic Development Directors of the seven partner counties are team members of RPI, leading to a cohesive and comprehensive regional effort. In addition, a Memorandum of Understanding guides the collaborative partnership with neighboring organizations: Lakeshore Advantage and Greater Muskegon County Economic Development .

Al Vanderberg

County Administrator/Controller

Kent County

Zach Verhulst

Founder & CEO

Pure Architects

Mark Wassink

Managing Partner

Warner Norcross + Judd

03

04

THE RIGHT PLACE STRATEGIC PLAN As The Right Place works towards its mission of driving sustainable economic growth and shared prosperity for all in the Greater Grand Rapids region, our strategic plan serves as our roadmap to success. Developed in partnership with EY and over 300 local leaders, this three-year strategic framework builds towards a 10-year vision: To be amongst the best regional economies in the Midwest.

WHY INVEST IN THE RIGHT PLACE

The Right Place is ambitious when envisioning the future of Greater Grand Rapids. We aspire to be a region with a vibrant economy that provides good career opportunities for all. A region where everyone can achieve their highest potential. And a region of choice for people to visit, locate, and stay. We are only able to set such high reaching goals with the support and engagement from our investors. When you make a commitment to The Right Place, you are demonstrating your commitment to growing the Greater Grand Rapids regional economy, ultimately improving the lives of your employees and fellow business leaders. You can have a direct impact on our region’s ability to remain competitive and focused on People, Place, and Prosperity. Additionally, we provide the following opportunities to all our investors in an effort to increase collaboration throughout the region, recognize our investors for their support and provide deeper insight into our work.

Strategic Plan Goals

FOSTER ECONOMIC GROWTH

CHAMPION INCLUSIVE OPPORTUNITIES

ELEVATE GREATER GRAND RAPIDS

BOOST REGIONAL IMPACT

Exclusive Events & Networking Opportunities

Investor Exchange Events Receive invitations for you and your team to attend exclusive investor-only events hosted twice annually.

Signature Event Sponsorships Investors receive early notification of opportunities to sponsor The Right Place’s signature events before they are announced publicly.

Private Presentations Members of The Right Place team are available to speak at events, staff meetings, and leadership retreats on a variety of economic and business development topics.

Growth Industries Advanced Manufacturing | Health Sciences | Technology

Business Intelligence

We will measure this plan’s impact through four high-level metrics:

Project Announcements Receive advanced notification of major economic development project announcements and other strategic initiatives in the region.

Economic Minute + CEO Communications

Research Services Utilize our strategic initiatives and business intelligence team to source data and research for your own strategic planning purposes.

Stay up to date with The Right Place’s latest work in Greater Grand Rapids through the monthly Economic Minute column sent out by our President & CEO, Randy Thelen.

Investor Directory All investors in The Right Place are recognized on our online Investor Directory. This searchable directory, utilized by both new and existing businesses in the region, provides a company overview, contact information, and website link. Brand Recognition

Social Media Your company will be

Monthly eNewsletter All new and renewing

acknowledged on The Right Place social media channels to recognize your support.

investors are recognized once in our monthly eNewsletter.

05

06

THE RIGHT PLACE LEADERSHIP CIRCLE The Right Place (RPI) Leadership Circle provides a venue for businesses and community leaders to gain a deeper understanding of current economic development projects and local business trends in Greater Grand Rapids by engaging in meaningful discussions about the future of our region, building relationships with RPI staff, and participating in opportunities to connect with key stakeholders. In addition to RPI investor benefits, Leadership Circle members will play a more active role in driving economic growth and prosperity for all through quarterly meetings with RPI staff which will include:

INDUSTRY COUNCILS

Manufacturers Council Convened in 1989, The Right Place | MMTC-West Manufacturers Council is dedicated to the business success of the region’s manufacturing industry. The council’s vision is to establish the West Michigan region as an international center for manufacturing productivity. Members work together in a collaborative environment to promote, facilitate, enable, and advocate for advancing a “best-in-class” manufacturing sector.

• Information about business development and community development project pipelines. • Updates on key strategic initiatives and strategic plan progress. • Resources related to common talent opportunities. • Guest speaker presentations to share business insights.

Technology Council of West Michigan

Additional opportunities for members may include:

The Technology Council of West Michigan exists to grow technology-oriented businesses in the Greater Grand Rapids region. We strive to make West Michigan a national leader in digital technologies. Tech Council members share information and experiences of interest and benefit to its members to help fuel the success of member companies. In addition, the Tech Council supports West Michigan businesses who are providing, applying, or starting to adopt digital technology.

• Site visits to key client facilities. • Invitation to join RPI team members on meetings with prospective clients. • Invitation to join RPI team members on trade missions / trade shows.

*A minimum annual investment of $12,500 is required to be considered for membership.

Supply Chain Management Council

Membership in the Supply Chain Management Council provides an opportunity to create new collaborations with other supply chain professionals. As part of a trusted group of leaders, members are the voice of the supply chain in West Michigan, and they work to solve common challenges by providing actionable insights on new developments. MiDevice MiDevice , run by The Right Place, is the only Michigan-based organization dedicated to medical device design, development, manufacturing and distribution. MiDevice gives medical device companies the opportunity to collaborate, cooperate and promote their expertise in the industry. The companies of MiDevice provide high-tech solutions for every stage of the medical device product lifecycle. Our unique collection of core competencies provides a one-stop resource for all of your product needs, from ideation through distribution.

07

08

INVESTMENT MATRIX While The Right Place does not follow a set of investment levels, we do ask that investors contribute an annual amount that reflects the size of their business. Multi-year pledges are suggested to ensure our team can focus on the goals set out in our 3-year strategic plan. We can only sustain the region’s economic growth with ongoing support from our investors.

BOARD OF DIRECTORS

Steve Downing* Chair President & CEO Gentex Corporation Bill Pink, Ph.D. * Vice Chair/Treasurer President Ferris State University

Nick Hrnyak CEO Lacks Enterprises, Inc. Joshua Hulst* Co-founder & Managing Partner MichiganLabs

Tony Sarsam President & CEO SpartanNash Rich Sorota CEO Miller Johnson Aron Sousa Dean College of Human Medicine Michigan State University Tom Stritzinger Senior Vice President Comerica Bank Julius Suchy Township Manager Ada Township Renee Tabben* Grand Rapids Market President Bank of America Randy Thelen* President & CEO The Right Place, Inc. David L. Van Andel Chairman & CEO Van Andel Institute Al Vanderberg County Administrator/Controller Kent County Mike VanGessel CEO Rockford Construction Sozon Vatikiotis Chief Operating Officer Acrisure, LLC Mark Washington City Manager City of Grand Rapids Mark J. Wassink Managing Partner Warner Norcross + Judd Thomas Welch Regional President Fifth Third Bank, West Michigan Sean Welsh* Regional President, Western Michigan PNC Bank

Annual Revenue

Suggested Annual Investment

Jonathan Husby President & CEO ADAC

Sara Armbruster President & CEO Steelcase Rick Baker President & CEO Grand Rapids Chamber Chris Bardeggia Vice President, Global Lean Quality Steelcase, Inc. Matt Biersack, MD President & CEO Trinity Health Grand Rapids Luke Cherveny Grand Rapids Office Managing Partner PwC Jeffrey Connolly Senior Vice President & President West Michigan & Upper Peninsula Blue Cross Blue Shield of Michigan Shawn Crowley Co-CEO Atomic Object Michael Davenport President & CEO Jireh Metal Products, Inc. Lauren Davis West Michigan Regional President Huntington Bank Ronald G. DeWaard Managing Partner Varnum LLP Katie L. Ferris, CPA Tax Office Managing Partner BDO Tina Freese Decker* President & CEO Corewell Health Kyle Hanson Executive Vice President, General Counsel & Corporate Secretary Perrigo Joi Harris

$25-49M $10,000+ PER YEAR <$10M $2,500+ PER YEAR

$50-99M $25,000+ PER YEAR $10-24M $5,000+ PER YEAR

John Kennedy President & CEO Autocam Medical William B. Kessel CEO Independent Bank Rick Keyes* President & CEO Meijer, Inc. Blake W. Krueger* Retired Chairman of the Board, CEO & President Wolverine World Wide, Inc. Charles W. Lepper President Grand Rapids Community College Charles W. Lott Senior Vice President Wells Fargo Philomena Mantella, Ph.D* President Grand Valley State University Michael Nelson Chief Operating Office Amway Corporation Megan P. Norris CEO/Principal Miller Canfield Andi Owen President & CEO MillerKnoll Richard Pappas, Ed.D President Davenport University Julie Rietberg CEO Greater Regional Alliance of Realtors

$1-5B $200,000+ PER YEAR $100-499M $50,000+ PER YEAR

$5B+ $400,000+ PER YEAR $500-999M $100,000+ PER YEAR

Garrick Rochow* President & CEO Consumers Energy Nelson Sanchez CEO RoMan Manufacturing

*Denotes member of the Executive Committee

President & COO DTE Energy Co.

09

10

125 Ottawa Ave NW, Suite 450 | Grand Rapids, MI 49503 info@rightplace.org | 616.771.0325

Page 1 Page 2-3 Page 4-5 Page 6-7 Page 8-9 Page 10-11 Page 12

Made with FlippingBook - PDF hosting