The Chamber Announces Land Sale by SLIBCO to PNK Group

The Greater Scranton Chamber of Commerce, through its business development affiliate, Scranton Lackawanna Industrial Business Company (SLIBCO), is pleased to announce the sale of 88.73 acres of prime industrial land in Jessup and Archbald, to PNK Group, with the intent to develop industrial facilities totaling 765,000 square feet.

PNK Group, an investor with expertise in financing, development, engineering, and construction, has identified northeastern Pennsylvania as a strategic location for its latest investment. Recognizing the region’s proximity to major markets and its exceptional labor force, PNK Group seized the opportunity to acquire these parcels of land to implement its industrial development projects.

This transaction highlights the region’s appeal to prominent investors seeking to capitalize on its economic and workforce potential and The Chamber’s commitment to fostering economic growth and attracting investment to the area.

“The acquisition of prime industrial land in Jessup and Archbald marks a significant step forward for our expansion efforts in northeastern Pennsylvania. We are excited to bring our expertise in financing, development, engineering, and construction to this strategic location. This investment underscores our confidence in the region’s economic prospects and our commitment to driving growth and innovation. We look forward to bringing our industrial development projects to fruition and contribute to the continued success of the local economy” shared Mark Stiles from PNK Group.

PNK Group specializes in constructing multipurpose industrial buildings for large-unit blocks, leveraging their expertise to create state-of-the-art facilities that meet the needs of modern industries. With this acquisition, PNK Group aims to enhance the region’s industrial infrastructure while creating opportunities for job growth and economic advancement.

Bob Durkin, president of The Chamber shares, “The PNK Group has a reputation for high quality developments that attract a balance of industry types to their facilities. This perspective fits well into the commitment of the Chamber and SLIBCO to diversify our economy in Lackawanna County and our region.”

The Greater Scranton Chamber of Commerce is committed to facilitating further business development initiatives and fostering partnerships that drive prosperity and innovation in Lackawanna County and Northeastern Pennsylvania.

For more information regarding the sale to PNK Group or on The Chamber’s business development affiliate, SLIBCO, please contact Bruce Reddock, director of business development, at breddock@scrantonchamber.com or (570) 342–7711 ext. 136.

About The Greater Scranton Chamber of Commerce
The Greater Scranton Chamber of Commerce is a not-for-profit organization that works to improve the area’s economic environment and quality of life by offering programs and services which stimulate economic growth, promote business prosperity and nurture educational opportunities. For more information about the Chamber, visit www.scrantonchamber.com.

Scranton Lackawanna Industrial Business Company (SLIBCO)

Scranton-Lackawanna Industrial Business Company (SLIBCO), an affiliate of The Greater Scranton Chamber of Commerce, develops multi-tenant buildings and industrial and office parks in northeastern Pennsylvania. SLIBCO also owns and manages two technology incubator facilities to start-up and expand small businesses. For more information, visit www.SLIBCO.com.

Chamber Affiliate Receives Award for Economic Development Accomplishments in the Region

The Greater Scranton Chamber of Commerce economic development affiliate, Scranton-Lackawanna Industrial Building Company (SLIBCO), received the Mid-Sized Community EDO Award from Business Facilities for its economic development accomplishments in northeastern Pennsylvania.

Business Facilities is a full-service media brand specializing in the site selection marketplace, and it has been recognized as “the leading source of intelligence on corporate expansion and relocation since 1968,” as stated by the magazine’s website. The award SLIBCO received was given to mid-size economic development organizations whose region’s population is between 100,000–500,000.

Outlining The Chamber and SLIBCOs accomplishments: 15 business parks totaling over 3,000 acres. Of the 3,000 acres, less than 1,000 acres are left undeveloped. The organizations developed an internal incentive program for developers within the business parks to work towards the attraction of advanced industries like energy production, advanced manufacturing, and food and beverage production.

The latest accomplishment of The Chamber and SLIBCO was a bridged partnership to conserve 250+ acres of land for conservation in Lackawanna County. SLIBCO worked with the Lackawanna Valley Conservancy, the Pennsylvania Department of Conservation and Natural Resources, and the PA Game Commission. The conservation organization intends to create multiple outdoor recreational opportunities, including mountain biking trails, hiking trails, and outdoor educational elements.

The Chamber and its affiliates are committed to attracting, sustaining, and growing businesses in northeastern Pennsylvania. SLIBCO is one of eight affiliates through The Chamber that seeks to develop the community through access to capital, leadership and professional development, workforce, entrepreneurship, and more.

About Scranton-Lackawanna Industrial Business Company (SLIBCO)
Scranton-Lackawanna Industrial Business Company (SLIBCO), an affiliate of The Greater Scranton Chamber of Commerce, develops multi-tenant buildings and industrial and office parks in northeastern Pennsylvania. SLIBCO also owns and manages two technology incubator facilities to start-up and expand small businesses.

About The Greater Scranton Chamber of Commerce
The Greater Scranton Chamber of Commerce is a not-for-profit organization that works to improve the area’s economic environment and quality of life by offering programs and services which stimulate economic growth, promote business prosperity and nurture educational opportunities. For more information about the Chamber, visit www.scrantonchamber.com.

New SLIBCO Board Members Named

Don Brominski
Jennifer Davis
Joseph Ferretti
Alyssa Golden
Tom Johnson
Bob Markowski
Alana Roberts
Heather Skapyak
Justin Sulla

SLIBCO (Scranton Lackawanna Industrial Building Company) recently announced new directors and officers to its board. SLIBCO is the not-for-profit industrial development affiliate of The Greater Scranton Chamber of Commerce.

SLIBCO elected the following officers Jennifer Davis, Sordoni Construction Services, as president; Joseph Ferretti, Peoples Security Bank & Trust, as vice president; Alana Roberts, PPL Electric Utilities, as vice president; Don Brominski, UGI Utilities, as vice president; and Bob Markowski, Allied Services, as treasurer. Newly elected directors include Alyssa Golden, Golden Technologies; Tom Johnson, CANPACK; Heather Skapyak, Greenman-Pedersen (GPI); and Justin Sulla, Esq., Diamond K Incorporated.

Chamber Announces Two Promotions

Aaron Whitney
Bruce Reddock

The Chamber is proud to announce the promotion of two of its employees, Aaron Whitney and Bruce Reddock, who will both expand their roles with the Scranton Lackawanna Industrial Building Company (SLIBCO), the economic development affiliate of the Chamber.

Aaron Whitney is now the director of facilities and asset management and is responsible for the administration of finances, design, and construction of SLIBCO real estate. Aaron will also manage all properties and utilities owned by SLIBCO, as well as manage the Chamber’s IGNITE entrepreneurship program.

Bruce Reddock is now the director of economic development. In this role, Bruce will manage aspects of SLIBCO development activities, oversee relationships with private companies, real estate brokers and developers, local officials, economic development organizations and more, plus oversee all aspects of the site-selection process. Bruce also recently graduated as a fellow from the Industrial Asset Management Council’s Leadership Development Program.