Industrial park gets KOEZ status
ARCHBALD - The state has approved special tax designation for an industrial park owned by the Greater Scranton Chamber of Commerce.
The state has approved Keystone Opportunity Expansion Zone status for 260 acres of the Archbald Business Park, according to the chamber. The designation runs through 2022.
The park, which was developed by the Scranton- Lackawanna Industrial Building Co., a chamber division, landed its first tenant in 2007. It is located off the Casey Highway. KOEZ status exempts tenants from most state and local taxes.