Friday, October 16, 2020

Jack Koury Steps Down from PAID After 55 Years

Jack Koury
Blogger's Note:
The following was provided by the Pottstown Area Industrial Development Inc.

Douglas Adams said “To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity.” 

John A. (Jack) Koury, O’Donnell, Weiss, and Mattei Principal, has served both Pottstown Area Industrial Development (PAID), Inc. and the Pottstown community for decades. 

He has volunteered his time and provided exemplary counsel in an effort to further PAID’s mission of developing, coordinating and implementing an overall economic development strategy for the Borough of Pottstown. 

PAID has gone through a series of transitions of its corporate structure and areas of focus since its inception in 1965. 

Through multiple transitions, Jack was there guiding with his ever-steady hand and legal expertise. He served in multiple roles as President, Board Member and Solicitor of PAID’s Board. 

Perhaps most notably, he was responsible for writing the covenants for and was instrumental in the development and sale of the Pottstown Airport Business Campus now known as the Circle of Progress. 

In addition, Jack was a key voice in the execution of the Memorandum of Understanding (MOU) that laid the groundwork for PAID’s current organizational structure.

In this year of unfathomable changes, Jack Koury has stepped down as the official solicitor of PAID. The Board of Directors and the Executive Director owe him a debt of gratitude for serving selflessly with sincerity and integrity.

PAID, Inc. 2020 Board of Directors and Executive Committee
Justin Keller, President – Borough Manager, Pottstown Borough
Stephen Rodriguez, Vice President – Superintendent, Pottstown School District
Jerry Nugent, Immediate Past President – Executive Director, Montgomery County Redevelopment Authority
Eileen Dautrich, Treasurer – President, TriCounty Area Chamber of Commerce
Peggy Lee-Clark – Executive Director and Secretary, PAID, Inc.
John A. Bown, III – Partner, Industrial Investments, Inc.
Therol Dix, J.D. - VP of West Campus, Montgomery County Community College
Dan Glennon – Attorney, The Glennon Firm
David N. Heffner - Executive Vice President, CODY Systems
John Jones – Owner, Budget Maintenance Concrete
David Kraybill – President, Pottstown Area Health & Wellness Foundation
Lisa Lightcap – Vice President Commercial Banking Relationship Manager, Tompkins VIST Bank
Richard Newell – CEO, Pottstown Hospital Tower Health
Louis A. Rieger – CEO, The High Street Music Company
Rick Wood – Chief Financial & Operating Officer, The Hill School

Pottstown Area Industrial Development, Inc. (PAID) is a 501c(3) non-profit corporation originally formed in 1965 to promote commercial and industrial development in Pottstown, Pennsylvania. 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. PAID continues to carry out the I Pick Pottstown campaign to create awareness of Pottstown’s assets and attract new businesses to the Borough.

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