Momentum Magazine February 2018 Edition - Page 5

SLIBCO Receives KOEZ Extension The Scranton Lackawanna Industrial Building Company (SLIBCO) recently received approval from the Pennsylvania Department of Community and Economic Development (DCED) for the extension of benefi ts under the Keystone Opportunity Expansion Zone (KOEZ) process as of Jan. 1, 2018 and continuing through Dec. 31, 2024. The extension applies to land owned by SLIBCO located in Archbald, the Valley View Business Park and Scott Technology Park. KOEZ status exempts businesses from most Pennsylvania state and local business taxes including, but not limited to, property tax, the business privilege tax and taxes on net profi ts from business activity conducted within the zone. SLIBCO would like to thank the Lackawanna County Commissioners, as well as Archbald and Jessup boroughs, Scott Township and the Lakeland and Valley View school districts for their assistance in obtaining this extension. SLIBCO Elects New Offi cers PRESIDENT: Marianne J. Gilmartin, Esq. Executive Vice President: Robert F. Durkin Vice President: Penny Hall Common Vice President: James J. Peters Treasurer: Susan Duckworth Secretary: Virginia J. Goodrich Incoming board chair of the Scranton Lackawanna Industrial Building Company (SLIBCO) Marianne Gilmartin is a shareholder with Stevens and Lee and focuses her practice on litigation issues in the areas of construction, toxic torts, product liability and catastrophic casualty, banking, insurance, manufacturing and complex commercial litigation. She represents owners and developers, contractors, subcontractors and material suppliers, as well as colleges and universities, banking institutions, local government, manufacturers and insurance companies in a wide range of litigation matters. She is board-certifi ed by the National Board of Trial Advocacy as a civil trial advocate. As published in Philadelphia magazine, Gilmartin was recognized as a Pennsylvania Super Lawyer from 2009 through 2015 by being selected by her peers as among the top fi ve percent of lawyers in the Commonwealth. She also was a Northeast Pennsylvania Business Journal’s Top 25 Women in Business honoree for 2010 and is a co-chair of The Scranton Plan. SLIBCO is a wholly-owned subsidiary of The Greater Scranton Chamber of Commerce and is organized as a not-for-profi t industrial development corporation. SLIBCO has been responsible for the construction of 16 business parks and more than 3,000 acres, has completed seven built-to-suit and renovation projects totaling more than 1.2 million square feet and has spearheaded more than $1.95 billion in community investment. COMMERCIAL PAD READY SITES AVAILABLE Valley View Professional Plaza Jessup, PA • Exit 3 off of U.S. Route 6/ Casey Highway 20 Acres • 4 Building Sites Valley View Business Park Ad Contact our sales team to learn more (570) 342-7711 www.scrantonchamber.com • 5