Alternative Energy, Chemical, Engineering, Manufacturing, Metals and Minerals, Mining, Placement Annoucements, Plastics

Zach Price & TRG Chemical Technologies Complete Successful Search

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(Richmond, VA) May 15, 2014 – The The Richmond Group USA is pleased to announce the successful completion of a  search for a Production  Manager in Richmond VA. Our client, an industry-leading  manufacturer of specialty chemicals and materials. The company’s products are in  demand on a global scale and they continue to make capital investment to their  operations in VA.  This person is slated to become a key member of their site  leadership team, thus it was critical to find a well-rounded Engineering and  Production/Operations leadership professional with proven experience to support  the company’s increasing production goals. 

By working closely with the  client we have developed a deeper understanding of their corporate culture, the  benefits of joining the company and the long term growth opportunity there.   Zach Price and his team were able to  identify and attract an outstanding candidate with the personality and  production and manufacturing expertise and leadership to make a positive impact  on their entire operation.

As  your business continues to grow, so does your need for talented individuals.  What are you doing today to secure the future talent  needs?

Should  you desire additional information or about our firm please contact Zach Price & TRG Chemical Technology division at 804-285-2071 or email Zach at zachp@richgroupusa.com

Banking, Financial Services, Lending Services, Placement Annoucements

Jon Burkhart & TRG Commercial Banking Complete Successful Commercial Relationship Manager Search

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(Richmond, VA) May 13, 2014 –  Jon Burkhart and the Commercial Banking Team of The Richmond Group USA (TRG) are pleased to announce the successful conclusion of a Commercial Relationship Manager search in Richmond for a successful and established VA-based community bank.

Our client-company reached out to us in the first quarter with a growth opportunity for a commercial relationship manager to help grow their C&I market presence in Richmond.  When they reached out to us, they had already been looking unsuccessfully for three months.  The lender they were adding not only needed to have great credit skills combined with excellent business development skills, but they also needed to be well-established in the Richmond market with relationships that would allow them to immediately hit the ground running  

Due to the specific qualifications this role required, a comprehensive search was conducted to uncover and attract a pool of qualified candidates in Richmond and its surrounding suburbs and communities.  Because of our deep, already-existing relationships in Richmond, we were able to identify and attract the right lender within three weeks.  

The new Commercial Relationship Manager has already hit the ground running by identifying two new relationships and over 4MM in loans in a matter of weeks.  Our client is happy to have found someone who is well-known in the market and can bring many new loans and relationships to the bank in the coming years. 

As your business continues to grow, so does your need for talented individuals. What are you doing today to secure the future talent needs?

Should you desire additional information about this successful search or about our firm please contact Jon Burkhart and the Commercial Banking division at 804-285-2071 or email Jon at jonb@richgroupusa.com

Engineering, Manufacturing, North America, US News

Employment In Manufacturing Is Heating Up Like The Weather

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As the cold and snow eased up across the US in March and April, the market surged as a result of a pent up demand for products and services.  Unemployment sank to 6.3 percent in April from 6.7 percent in March, which is the lowest it has been since September 2008.  US Manufacturers alone reported adding 12,000 new positions.  Consumers bought more cars and spent more money in March and April, and as consumers keep ramping up their spending activities, businesses are ordering more goods and manufacturers are expanding production.  The strengthening numbers show that harsh snowstorms and frigid cold in January and February were largely to blame for the economy’s lack of growth at the start of the year, and economists project the current positive trends to extend through the end of 2014.  All of this is good for the economy as a whole, but is really making it harder for companies to find and attract talent while holding on to the ones you want to keep.

Bruce Peacock
Vice President of Business Development              
The Richmond Group USA

Life Sciences, Monthly BLS Report, Quality Assurance, US News

As the Job Market Heats Up, Employers Need to Focus on Preventing Turnover

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It seems that along with the warmer weather, the job market has come out of the deep freeze. Just this morning, the US Economy added 288,000 jobs and unemployment fell to a five year low at 6.3 percent. Also, the Life Sciences sector seemed to be heating up as well. According to CB Insights, healthcare IPOs boomed in Q1, and while VC backed deals fell from a 2013 high they still came in at a respectable $1.48B.

What does all this mean? In this environment, despite all the talk of increased M&A activity in the life sciences, employers need to focus on employee retention as candidates begin to explore other opportunities as the economy improves.  In this article, we provide some suggestions on how best to retain top staff. At the Life Science Division of The Richmond Group, let us help you continue to grow or top-grade your staff rather than focus on employee turnover.

Banking, Financial Services, Lending Services, Monthly BLS Report, US News

Qualified Candidates Are Harder to Come By

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For many hiring authorities in banking, the second quarter saw a major pickup in the number of interested candidates applying to open positions.  That is a great trend to see from a 10,000 foot view.  As we get closer to the ground, however, many of these candidates are not at all qualified for the opportunities for which they have applied.  But why is this?

As TRG’s research suggests, this is the trend of every second quarter in banking.  Many candidates have gotten their bonus and are actively thinking about where the grass might be greener.  For many, this is a yearly or bi-yearly thought process.  For a banker at the top of their game, however, this is almost never the case unless they’re feeling extreme pain in their current position.  What we are left with is a major disconnect between a search for a top-notch lender and the majority of candidates applying.  For any manager urgently looking to fill a position while actively producing, this challenge can be daunting in this environment.

An important tool for any hiring authority in this environment is a team dedicated to seeking out the top-notch bankers that are so focused on their work that they don’t have time to consider a change unless it is presented to them directly.  When only one out of every twenty conversations is with a truly qualified lender, a dedicated search team is the only way to efficiently find a top candidate.

We are gearing up to have a banner second quarter here at TRG, and we look forward to helping make this a banner second quarter for your team, too.

Jon Burkhart

Regional President, Banking Division

Banking, Financial Services, Lending Services, Placement Annoucements

Jon Burkhart & TRG Commercial Banking Complete Successful Senior Commercial Lender Search

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(Richmond, VA) April, 25 2014 –  Jon Burkhart and the Commercial Banking Team of The Richmond Group USA (TRG) are pleased to announce the successful conclusion of a Senior Commercial Lender search in Houston for an established community bank.

Our client-company, who has come to rely on The Richmond Group exclusively for growth opportunities within their lending group, reached out to us immediately when they decided they wanted to start growing their commercial real estate presence in Houston.  The lender they were adding not only needed to have great commercial real estate relationships in Houston and South Houston, but they also needed to have great credit skills combined with excellent business development skills.

Due to the specific qualifications this role required, a comprehensive search was conducted to uncover and attract a pool of qualified candidates in Houston and its surrounding suburbs and communities.  Because of our deep, already-existing relationships in Houston, we were able to identify and attract the right lender within two weeks. 

The new senior commercial lender is excited about the new opportunity and is already having an impact on the lending team, with significant relationships and over 6MM in new prospective commercial real estate loans identified.  Our client is extremely happy to have found someone in the market that has a large portfolio and extensive relationships that will take their portfolio to new levels within the Houston marketplace. 

As your business continues to grow, so does your need for talented individuals. What are you doing today to secure the future talent needs?

Should you desire additional information about this successful search or about our firm please contact Jon Burkhart and the Commercial Banking division at 804-285-2071 or email Jon at jonb@richgroupusa.com