Over the decades, PAID’s activities included development and sale of the 32 lot industrial complex known as the Pottstown Airport Business Campus, as well as the acquisition and resale of downtown commercial and retail properties for redevelopment. In 2010, based on recommendations contained in a 2009 Urban Land Institute report, the Borough of Pottstown, Pottstown School District, and Montgomery County Redevelopment Authority formed a partnership to reorganize PAID for the purpose of coordinating efforts and establishing economic development priorities in Pottstown.
Today PAID is the primary economic development driver for Pottstown. Our efforts are guided, in large part, by three planning documents that may be downloaded below.
The corporation is governed by a Board of Directors with a full time Executive Director reporting to the board.
PAID's mission is to develop, coordinate and implement an overall economic development strategy for the Borough of Pottstown designed to stimulate investment which will maintain and enhance the tax base; retain and create job opportunities; and restore and utilize or remove under-utilized buildings.
PAID provides services to businesses and organizations seeking to invest, expand or relocate including assistance with site selection, commercial and industrial real estate development and redevelopment, financing, and workforce development. Explore our website to learn more or contact us.
Acting Superintendent, Pottstown School District
Borough Manager, Borough of Pottstown
Exec. Director, Montgomery County Redevelopment Authority
John F. “Jerry” Nugent currently serves as the Executive Director of the Redevelopment Authority of the County of Montgomery and has held that position since 2001.
Prior to assuming that responsibility, he spent nearly four decades in the public and private sectors with responsibility for major economic development and housing developments throughout the Mid-Atlantic Region. One example of his work is the transformational redevelopment effort in Conshohocken Borough, where he served as the principal advisor to local and county government beginning in 1982.
He began his career in Atlantic City, New Jersey following college and service in the United States Army. He subsequently worked in the private sector for 15 years in economic development planning and implementation throughout the Commonwealth of Pennsylvania.
Jerry has a long history of involvement with Pottstown Borough, having worked in past years on the Community College Project, the new Borough Hall, Restoration of 152 East High Street (Brick Tavern), the Industrial Highway extension, as well as a number of neighborhood improvement projects. At the present time, he serves on the Pottstown Blighted Property Review Committee, and since 2009, he has been a team member working on the restructuring of PAID, Inc. and reestablishment of its mission.
He currently serves on the Montgomery County Workforce Investment Board and Montgomery County Housing Authority. He is a member of the Urban Land Institute and Lambda Alpha, which is an International Land Economics Society.
Jerry and his family have resided in nearby New Hanover Township since 1978.
President, TriCounty Area Chamber of Commerce
In 1990, Eileen Dautrich began working for TCACC as a student intern in the Boyertown Area Chamber of Commerce office. She returned to the Chamber a number of times, working in various capacities and eventually being hired as the Vice President of Administration in 1999. Eileen was promoted to Executive Vice President in 2006. With the reorganization of the Chamber in Fall of 2010, Eileen was promoted to President of the TriCounty Chamber effective November 1, 2010.
In her position as Executive Vice President, Eileen facilitated and managed the day-to-day operations for the Chamber. In addition, for 9 years she served as the Director of the Leadership Tri-County program, and continues to manage the Chamber’s 501(c)(3) organization, the TriCounty Area Chamber of Commerce Foundation, Inc. As President, Eileen is responsible for building relationships with the members, expanding the organization’s network and continuing to manage the organization.
Eileen earned a B.S. in Business Education, with a concentration in accounting, from Bloomsburg University. Her ongoing professional development has included graduating from the U.S. Chamber’s four year program, the Institute for Organization Management, in 2005 and graduating from the Leadership Tri-County program in 2000. She attends various seminars and participates in webinars every year that help strengthen her business knowledge and allow her to greater assist TCACC and its members. Her favorite part of working at the Chamber is that she is passionate about what the Chamber stands for in the tri-county community and the satisfaction of being able to help the local, small businesses, and the community at large through her daily activities.
Eileen is on the Healthy Woman Advisory Board at the Pottstown Memorial Medical Center, the Board of Directors for the Pennsylvania Association of Chamber Professionals, and serves as a board member for the YWCA Tri-County Area. A graduate of the Boyertown Area School District, she still resides in the district with her husband and her daughter.
Treasurer and CFO, The Hill School
Mr. Silverson has over thirty years of experience in education, government, and the private sector. He is currently serving his sixth year as the Treasurer and Chief Financial Officer of the Hill School. He is responsible for the oversight and management of the business, financial and investment functions for the School. His areas of responsibility include budgeting, financial management, endowment management, risk management, human resources, facilities, auxiliary programs, and food service. Mr. Silverson serves as liaison to various Trustee Committees: Audit, Campus Planning, Finance, Investment, and Legal. He also oversees the operation, maintenance, and improvement of the physical plant, including planning the scope and financing of major capital projects to repair, replace and expand campus buildings and facilities. Some examples of his accomplishments during his tenure include successful implementation of cost-saving and restructuring strategies in response to financial crisis in 2008; completion of $10 million financing for capital projects and $7 million re-negotiation of letter of credit; oversight of $5.5 million in capital projects; coordination of design, financing, and approval of $6 million faculty housing initiative and $6 million of improvements to the school’s athletic facilities.
Prior to his tenure at The Hill School, Mr. Silverson served as Business Manager and Director of Finance at Abington Friends School. Before entering the education field, Mr. Silverson spent five years as a Senior Management Consultant with Public Financial Management, advising local governments on debt financing and asset management.
Mr. Silverson began his professional life in municipal government. He served two years as Director of Economic Development for the City of Newton, Massachusetts. He then worked as a department director for the County of Montgomery, Pa from 1985 to 1993, serving as Director of Community Development and Director of Public Works.
Mr. Silverson has a Bachelor’s Degree from Brown University and a Master’s Degree from the University of Rhode Island. He has two sons with his his wife, Kate, and lives in Pottstown.
President, Kaiser Construction Co., Inc.
David K. Leinbach is President and founder of Kaiser Construction. David also owns Kaiser Investment which is a small Property Management firm. Recently David acquired Martin Construction Company of Denver, Pa. a Commercial contractor.
With over 30 years of experience in the construction industry, David has the hands on expertise in all areas including employee benefits. A BS in Business Management and course work in for a Master’s of Management has helped to enhance the skills needed to meet today’s marketplace. David also has experience in the governmental sector; having served 18 years as a Township Supervisor and as the Chairman for ABC SEPA, BIE and the TCACC Legislative Committees. His community service extends from working with his church, holding a national soccer coaching license and to Tri-County Chamber, Tri-County Performing Arts Center and other local organizations.
David serves on numerous local civic organizations and is active in his church. Additionally he serves on the National Board of Trustees for the ABC (Associated Builders and Contractors) Insurance Trust.
President, Main Line Financial Advisors
As the president of Main Line Financial Advisors (MLFA), Al Matarazzo Jr. began his career in financial services at the tender age of 10. Under the watchful eye and tutelage of his father Fred Matarazzo, Al began what would become his life-long career in the finance world. With experience under his belt, Al furthered his education by attending Albright College. He graduated with a double degree in both finance and economics, and immediately put that education to use by helping build his father's firm to become a significant player in the Delaware Valley. Under Al's guidance, MLFA has become a regional business with locations in Pottstown, Bala Cynwyd, Radnor, and Malvern.
To help not only clients and friends, but also those in his community, Al puts his well-earned expertise to use by regularly contributing to local TV, newspaper, and radio programs where he shares his knowledge on a wide range of topics from estate planning to tax preparation. This is one of the many reasons that Al has been selected to attend Barron's "Top Independent Advisor Summit" for the last three years running. Al also serves on the advisory board of FSC Securities Corporation, a subsidiary of AGI.
For many years now, Al has been an advocate for the revitalization of downtown Pottstown, Pennsylvania where MLFA has its administrative staff. The downtown Pottstown office has provided Al and the MLFA team an opportunity to spur other firms to follow the example of revitalization that they have set. A committed member of the community, Al serves on numerous non-profit boards including the Tri-County Chamber of Commerce, Steel River Playhouse and the Pottstown Area Industrial Development, Inc.
Al's free time is spent with his wife Mindy and his two children, Zach and Maddie. When he can, he devotes some weekends exercising his passion, and you will find him on the fly along a mountain creek or in the back bays of New Jersey baiting a hook or casting a line.
Louis A. Rieger
CEO, The High Street Music Company
As a Pottstown Area Industrial Development, Inc. board member and CEO of The High Street Music Company (HSMC), Louis A. Rieger shares the vision to revitalize the community and enrich the lives of its constituents. Rieger continues to develop relationships with the school district, outreach organizations and local businesses to achieve this objective. Rieger studied Music Education/Jazz Studies at Rowan University. He possesses extensive knowledge of the music industry, ranging from performing in various venues from the east to west coast, producing and consulting artists, to years of educating and motivating others for almost two decades.
Located at 135 East High Street in Pottstown, PA, The High Street Music Company (HSMC) is staffed with a family of qualified and motivated instructors. The love for music education and young people inspires HSMC to convey the need for music in the curriculum of life. Rieger is also currently working on establishing a non-profit entity titled From the Streets to the Studio (FSTS). This non-profit will provide a resource for education in Multimedia and Audio Production to those students that otherwise would not be able to afford it.
The passion for change is apparent when speaking to Louis about goals for his arts business and the socioeconomic initiative in Pottstown. Rieger strongly desires to seek opportunities to guide young people, develop community outreach relationships and projects, and bring music into the lives of every Pottstown resident.
P. Richard Frantz, A.I.A. is a registered architect with a general practice located in Pottstown since 1968. His clients include The Hill School, National Penn Bank, the Pottstown School District, Borough of Pottstown, Creative Health Services, Inc. and many others. His services include the design of new construction, additions, renovations, and rehabilitations and adaptive reuse and historic restoration projects.
Frantz is an active member of the Rotary Club of Pottstown and has served as the Governor of District 7430. He serves on the Historic Architectural Review Board and the Board of Pottstown Memorial Medical Center. He is also a member of the American Institute of Architects, the TriCounty Chamber of Commerce, and the NARI-Building Industries Exchange as well as PAID, Inc. Previously he served on the Board of the Pottstown Area Health and Wellness Foundation and was a member of and is a past president of the Board of the Downtown Pottstown Improvement District Authority. He has received awards from the Church Architectural Guild and the Building Industries Exchange and was named to the Pottstown School District Honor Roll, and was given the Elk’s Distinguished Citizen Award.
President & CEO, Cigas Machine Shop, Inc.
Craig Cigas is the president and CEO of Cigas Machine Shop, Inc. based in Coatesville, PA. Having learned the machinist trade in his early years, Cigas went on to graduate from Drexel University’s College of Engineering. His work experience includes work in the areas of piezopolymer research, commercial power distribution and industrial control systems. He maintains professional memberships with IEEE and ACM.
The company, founded by his father in 1958, manufactures specialty stainless steel parts used in the energy, municipal water, wastewater, mining, chemical, and other industries and primarily serves customers in the North America market.
In 2008, the company expanded its production capacity with the acquisition and extensive renovation of a vacant property in the Pottstown Industrial Complex. As a business owner and engineer with an interest in sustainable technologies, Cigas took the role of lead engineer for the renovation. Since its completion, the project has become a model for the practical application of LEED design guidance adapted to a heavy industrial use.
Executive Director, Pottstown Health & Wellness Foundation
Principal, Abacus Development
Paul Fulmer is a real estate agent, developer, investor, and entrepreneur with more than 25 years of buying, leasing, developing, and building real property. Mr. Fulmer’s projects reflect an understanding of design and construction and he has extensive experience with historic buildings and current office and retail tenant needs. From his base in Lancaster County Pennsylvania, Mr. Fulmer participates in property transactions along the east coast of the United States and has advised on numerous international projects.
Specific projects include the urban adaptive reuse and tenanting of Champion Forge, conceptualizing and building of several self-storage projects, and sale leasebacks and complicated financing transactions. Mr. Fulmer was involved with the re-tenanting, repositioning, relocation and development of many restaurants including Fenz, Domino’s, Rachel’s Café and Creperie, Pita Pit, Sukhothai, and the International Sugar Arts Institute.
Mr. Fulmer earned an A.B. Degree in Government and Law from Lafayette College, attended the Vesalius College at the Vrije Universiteit Brussel, and is an alumnus of The Hill School. Mr. Fulmer serves on the Boards of the Hamilton Club of Lancaster, the North Museum of Natural History and Science, the James Street Improvement District and Pottstown Area Industrial Development, Inc.
CEO, Pottstown Memorial Medical Center
VP for West Campus, Montgomery County Community College
David DiMattio was named Vice President of the West Campus in June 2016. In that role, he oversees all aspects of MCCC’s West Campus while working in tandem with the institution’s vice presidents to provide college-wide leadership as a member of the president’s cabinet. In addition, he is charged with building business and community partnerships and expanding the College’s outreach to the Greater Pottstown region.
Dr. DiMattio began working at MCCC in March 2014 as Dean of Science, Technology, Engineering and Mathematics (STEM). Under his leadership, MCCC introduced new programs in environmental studies, cyber security, interactive media, database management, biotechnology and biomanufacturing. He also led the development of the Sustainability and Innovation Hub in Pottstown, which features teaching laboratories for aquaponics, hydroponics and engineering technology, along with a new Software Developer Academy, which launches in June.
Dr. DiMattio worked with the College’s Foundation to initiate a STEM Executive Council, which brings together approximately 25 regional STEM leaders to discuss initiatives at the college and in the county. The council’s work has yielded numerous internship and research opportunities for MCCC students.
Before arriving at MCCC, Dr. DiMattio served as Dean of Clare College at St. Bonaventure University in New York. He holds a Ph.D. in physics from the University of Missouri-Rolla, and a Master of Science and Bachelor of Science in physics from St. Bonaventure University.
PAID is developing, coordinating and implementing an economic development strategy that will stimulate investment and sustainable growth.