Olyphant is a borough in Lackawanna County, Pennsylvania, United States. It is six miles northeast of downtown Scranton, on the Lackawanna River in the heart of the anthracite region of the state. Its main source of employment was the mining and shipping of coal. It was the headquarters of the Lackawanna Coal Company. Other industries of the past were the manufacturing of blasting powder, iron and steel goods, cigars, and silks. Olyphant experienced a severe downturn in the 1950s.