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ShareWhat if your company could save 5% to 20% on annual logistics expenses? Increase profit margins on your products that utilize imported components? All while improving your company’s cash flow and global competitiveness. And what if you could achieve all this here in the Greater Lansing Region, supporting companies and jobs throughout the region?
Your company can now participate in the U.S. Foreign Trade Zone Program, now in its 75th year in operation. In 2007, companies involved in Foreign Trade Zones (FTZ’s) conducted $530 Billion in international commerce and directly employed 350,000 U.S. workers. Exports through FTZ’s were $31 Billion and the 2,600 participating US companies saved millions in duties by deferring, reducing or totally eliminating duty payments on imports (Trade & Industry Development magazine, Sep/Oct 2009 issue).
Foreign Trade Zone No. 275, located on the grounds of Capital Region International Airport inside Port Lansing, provides multiple cost savings opportunities for your international company. Please review the potential benefits related to the FTZ program and contact Port Lansing to learn how you can leverage FTZ No. 275 to grow your global business.
FTZ Application Process Details
