FTZ Board Considers Production Activity at Wind Turbine Facility
The Foreign-Trade Zones Board has received from GE Generators (Pensacola) LLC, operator of subzone 249A, a notification of proposed production activity at its facility in Pensacola, Fla. GE Generators already has authority to product wind turbines and related blades within this subzone, and the current request would add finished products (nacelle assemblies and hubs) and foreign-status components to the scope of authority. Comments on this notification are due no later than March 2.
Production under FTZ procedures could exempt GE Generators from customs duty payments on the foreign-status components used in export production. On its domestic sales, GE Generators would be able to choose the duty rates during customs entry procedures that apply to nacelle assemblies and hubs (zero to 2.5 percent) for the foreign-status inputs.