The Lockport Industrial Development Agency is a catalyst for economic development, providing incentives resulting in the investment of over $412,186,400 in the Town of Lockport. The 18 assisted projects currently account for 731 jobs. It is governed by a seven member Board of Directors, and has full-time professional staff trained to assist employers' access to a variety of incentives. In addition, the Town of Lockport imposes no town tax for general local services.