Industrial Pipe Facility Requests FTZ Production Authority
The Foreign-Trade Zones Board has received from the South Carolina State Ports Authority, grantee of FTZ 21, a notification of proposed production activity at the AGRU America Charleston LLC facility in North Charleston, S.C., which is used for the production of large volume industrial pipes for high volume flow applications.
Production under FTZ procedures could exempt AGRU from customs duty payments on the foreign-status component used in export production. On its domestic sales, AGRU would be able to choose the duty rate that applies to high density polyethylene pipes (3.1 percent) for the specified foreign-status input. Customs duties also could possibly be deferred or reduced on foreign-status production equipment.
Comments on this notification are due no later than Jan. 25.