FTZ Board Actions; March 10 Webinar to Examine FTZ Benefits and Operations
The Foreign-Trade Zones Board has authorized production activity under zone procedures at the Komatsu America Corporation facility within FTZ 127 in Newberry, S.C. This facility is used for the production of wheel loaders and forklift trucks but in the future may also produce other material handling, construction and forestry machinery such as bulldozers, angledozers, hydraulic excavators, forestry harvesters, forestry feller bunchers, dump trucks and forestry forwarders.
The FTZ Board has received from the South Carolina State Ports Authority, grantee of FTZ 21, a request for authority to reorganize and expand this zone under the alternative site framework. The proposed service area would be the counties of Charleston, Berkeley, Dorchester and Orangeburg, within and adjacent to the Charleston U.S. Customs and Border Protection port of entry; the counties of Williamsburg and Georgetown in their entirety and portions of Horry, Florence and Marion counties, within and adjacent to the Georgetown, S.C., CBP port of entry; and the counties of Colleton, Jasper, Hampton and Beaufort adjacent to the Savannah, Ga., CBP port of entry. Comments on this request are due no later than May 4.
Sandler, Travis & Rosenberg will conduct a webinar March 10 that will review the activities permitted within FTZs, advantages of the FTZ alternative site framework process and FTZ best practices. Click here for more information or to register.