TMCnet News
ARC Strengthens Leadership Team, Appoints Tesla Veteran Greg White President of Manufacturing OperationsARC (American Revitalization Company), a real estate and business development company committed to preserving historic properties, today named Greg White, a Tesla veteran, President of Manufacturing Operations. With this strategic move, ARC strengthens its operational capabilities and advances its mission of revitalizing American legacy manufacturing facilities. White will spearhead critical initiatives, including supporting due diligence activities for acquisition opportunities, overseeing manufacturing operations across ARC's portfolio of facilities and providing essential operational support from acquisition transition to ongoing business growth. Central to his approach is fostering open communication and investing in team training and development, ensuring that every team member has the opportunity to contribute to the success and growth of ARC. "I am truly excited to be a part of this unique opportunity," White remarked. "We have the chance to preserve American manufacturing heritage while empowering our teams to shape a brighter future. By prioritizing our teams and fostering a culture of collaboration, we can significantly impact the American manufacturing industry. I am excited to utilize all my manufacturing experieces to make this opportunity succeed." White brings a wealth of expertise to his new position, having 35 years of manufacturing experience in leadership roles at Natera, Tesla and Toyota. As part of the operations leadership team at Tesla, he was instrumental in launching the Tesla manufacturing facility in Fremont, Calif., and successfully introducing the groundbreaking Tesla Model S. His direct interactions with key organizational figures at Tesla - including Elon Musk, JB Straubel and Franz von Holzhausen - underscore his pivotal role at the company. "We are very fortunate to have someone with the breadth of Greg's experience join our team," said Steve Austin, Co-founder and Partner at ARC. "Greg not only brings 'boots-on-the ground' knowledge honed from working at companies such as Natera, Tesla and Toyota, he is fully committed to our vision of restoring America's manufacturing leadership while bringing value to our investors. As we move into this next growth phase, we must have a strong leadership team. We're excited for the next step of our company's evolution." About ARC ARC, LLC is a real estate and business development company that focuses on preserving historic properties and manufacturing operations, utilizing tax incentives to substantially de-risk its equity investments. We target investments that will generate current income and capital appreciation to our investors while using moderate levels of debt. ARC's mission is to preserve historically important real estate and manufacturing in local communities nationwide and create value for our investors and the communities we invest in.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240501691728/en/ |
