Tax credits bring cutting-edge technology to local company

The Lancaster City Alliance, in partnership with Triode Media Group, recently announced that a Colossus Robotic Camera Arm now resides in Lancaster at the Triode headquarters. The precision camera can extend 12 feet in the air, and obtaining it positions Lancaster city-based Triode as a hub for film production companies across the East Coast.

Triode's participation in the Keystone Innovation Zone (KIZ) tax credit program, managed by the Lancaster City Alliance, provided the opportunity to purchase the piece of equipment.

According to Evan Scudner, executive producer at Triode, the new technology allows for complex camera movements that would otherwise be impossible to create with conventional filming practices. With the new video equipment, Triode can now support film productions across the region, potentially attracting clients from New York City and Washington, D.C. Triode's specially trained crew can also travel to client destinations with the camera and gear.

The KIZ is a Commonwealth of Pennsylvania incentive program that offers tax credits to qualified businesses focused on innovations in technology, science and manufacturing. Last year, Lancaster KIZ distributed the maximum eligible tax credit of $100,000 to Triode. Two other city businesses also received the KIZ tax credit. VIZpin Inc. received $95,826, and Creative Coding Group Inc. received $9,074.

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