Experienced Marketer Named As PAID’s New Director

POTTSTOWN PA – Lansdale resident and experienced municipal development promoter Steven Bamford will start next Thursday (Nov. 10, 2011) as the new executive director of Pottstown Area Industrial Development Inc. (PAID), it announced Wednesday (Nov. 3).

Bamford has more than 20 years of economic development experience in local government and the private sector. Since February 2010 he has been co-owner and vice president of TCB Marketing, a marketing, media and management consulting firm.

From 2002 to 2010, Bamford served as a manager, then senior manager, at Ernst and Young. He was responsible there with assisting Fortune 1000 and middle market clients making investment and location decisions in the U.S. and abroad to identify, negotiate and obtain incentives from federal, state and local governments.

Before his private sector experience, Bamford worked in various positions in the public sector. From 1997 to 2002, he held dual roles as the vice president of operations with the Allentown Economic Development Corporation, and served as executive director of the Allentown Commercial and Industrial Development Authority.

Bamford managed day-to-day operations of both organizations and their real estate redevelopment projects, serving as “developer of last resort” for the most challenging, underutilized and functionally obsolete properties. Bamford also assisted businesses and developers in determining feasibility, site selection, and obtaining funding for projects.

From 1993 to 1996, Bamford served as vice president for special projects with the New Castle County (DE) Economic Development Corporation. There he assisted with site selection and provided support for companies seeking incentives, zoning or development plan approval for projects.

Also, Bamford served as economic development specialist for the city of Reading from 1991-1993, where he performed financial analysis, evaluated development and operating budgets, and made funding recommendations to City Council on requests from businesses and developers for assistance through the city’s revolving loan fund.

“Steve’s experience, energy and mix of public sector and private sector experience will be a positive impact to the Borough of Pottstown” said Jason Bobst, president of PAID’s board of directors.

“We were especially impressed with Steve’s research into (Pottstown’s) Economic Development Strategic Plan and the most recent Urban Land Institute Advisory Panel Service Plan of 2009. He presented a possible entry plan into this new position from the priorities listed in these documents” added Reed Lindley, superintendent of the Pottstown School District.

Bamford becomes the first Executive Director of PAID since its re-birth as part of the Urban Land Institute Advisory Panel Service Plan recommendation for a single-source entity for economic development in the Borough of Pottstown. PAID selected Bamford from a field of 37 applicants.

Bamford received his Bachelor of Arts in Economics & Business Administration from Ursinus College and his Master of Business Administration from the University of Delaware.