Marathon Roofing seeks tax breaks for Orchard Park expansion - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
February 21, 2020 Newswires
Share
Share
Post
Email

Marathon Roofing seeks tax breaks for Orchard Park expansion

Buffalo News (NY)

Feb. 21--A roofing products maker that needs more room for growth is hoping that the county will provide some tax breaks for the project.

Marathon Roofing Products and MRP Supports wants to construct a 10,000-square-foot addition to its warehouse and shipping facility at 3310 N. Benzing Road in Orchard Park. Located on a quarter-acre parcel that is currently used for storage and parking, the high-bay addition would allow the company to handle the increased demand for its products, according to its application to the Erie County Industrial Development Agency.

The company is asking for $35,000 in sales tax exemptions and a property tax break, so it can meet financial projections both during and after construction, while addressing "debt service and financial planning."

The company currently has 23,000 square feet of space in its 40-year-old building but has maxed out its capacity, and needs the extra space with 25-foot ceilings so it can place full skids on racking "to create better and safer working conditions," officials said in their application. That will improve its manufacturing and distribution capabilities.

"This is needed to maintain competitiveness for the future," the company wrote. "We need the assistance to ensure we can do what our customers need as well as look at continuing our growth in this area and supplying opportunities locally."

If approved by the town, work could begin April 1 and finish by June. But without the ECIDA's help, officials said, the $750,000 project "is not financially viable and could not be undertaken," resulting in "the restriction of growth and ultimately jobs."

That will also help with retaining and creating 19 jobs. Project costs include $600,000 for construction, $100,000 for furniture and nonmanufacturing equipment, and $25,000 in professional costs. Financing includes $125,000 in equity and $600,000 in bank loans.

Marathon, which is owned by Tod J. Cislo, makes and sells commercial roofing drains, vents and supports for roof decking systems nationwide. The company serves several distributors throughout Western New York and has been a top supplier for the last two years for ABC Supply, a national distributor with 800 to 900 locations.

Its products have been used on major local projects in recent years, including the Pierce-Arrow Museum, Hotel @ the Lafayette, One Canalside, the Lofts, Tappo and the Delaware North corporate headquarters building at 250 Delaware Ave.

A public hearing has been scheduled for 10 a.m. Feb. 24 at the town offices, at 4295 S. Buffalo St. in Orchard Park.

___

(c)2020 The Buffalo News (Buffalo, N.Y.)

Visit The Buffalo News (Buffalo, N.Y.) at www.buffalonews.com

Distributed by Tribune Content Agency, LLC.

Older

Swiss Re Reports Full-Year 2019 Net Income of $727M, Driven by a Strong L&H Re Result, Excellent Investment Performance

Newer

Pumped to be back in business

Advisor News

  • Your client’s $3 million portfolio doesn’t tell you their insurance needs
  • How life insurance can provide liquidity for wealthy families
  • Retirement providers turn to digital engagement to retain assets
  • Looking out for clients with diminished mental capacity
  • House panel advances CLEAR Forms Act backed by IRI
More Advisor News

Annuity News

  • AM Best downgrades A-Cap insurers amid financial and regulatory troubles
  • Lawsuit claims Delaware Life hid billions in insurer-linked investments
  • AM Best to Deliver Presentation at 2026 ACLI Annual Conference
  • Global Atlantic Announces Launch of ForeLifetime Income, a New Fixed Index Annuity
  • A-Cap strikes back with lawsuit accusing SC regulators of sloppy process, leaking secrets
More Annuity News

Health/Employee Benefits News

  • ACA coverage canceled for 750,000 individuals
  • Briner: Wake Med, Atrium Health merger threatens State Health Plan solvency
  • As Health Insurance Costs Soar, Healthcare Workers Also Feel The Pinch
  • Boomers: You gotta fight for your right to prepare
  • IMPLEMENTATION OF MEDICAID IMMIGRANT ELIGIBILITY RESTRICTIONS UNDER THE 2025 RECONCILIATION LAW: ISSUES TO CONSIDER
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Samsung Property & Casualty Insurance Company (China), Ltd.
  • Abacus Global Management Completes Landmark $400 Million Securitization
  • 3 in 4 Americans Think Market Highs are Unsustainable, Allianz Life Study Finds
  • Judge: Class action against State Farm over PHL life policies can proceed
  • AM Best Downgrades Credit Ratings of A-CAP Group Members; Maintains Under Review With Negative Implications Status
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.