Town of Lockport IDA

The Town of Lockport Industrial Development Agency has approved more than $1 million in tax breaks for Custom Laser, a local cutting and machining shop, to expand in the the town's IDA Park.

Custom Laser, which employs 53 workers at locations on Akron Road and IDA Park Drive, is planning to spend $8 million on a new, 60,000-square-foot facility at 4885 IDA Park Drive. The new facility is 50 percent larger than its Akron Road location and would add five jobs.

The town IDA approved the 15-year payment in lieu of taxes agreement valued at $1.08 million and an environmental quality review for the project on Thursday.