April 2012

Foreign Trade Zone Conference to be held May 22

America’s Central Port, the Illinois SBDC International Trade Center at Southern Illinois University Edwardsville, MidAmerica Airport and Gateway Commerce Center are pleased to present:

Foreign Trade Zone Conference
Tuesday, May 22, 2012 from 9am – 1:30pm
(8:00am registration and networking breakfast)

America’s Central Port – FTZ #31, Warehouse 3B
1201 West First Street. Granite City, IL 62040 (map)

This free, half-day event will provide manufacturers, distribution and logistics companies, economic development representatives, developers and service providers a background on the economic advantages that can be achieved through the use of a foreign-trade zone.

The FTZ program offers tariff benefits and other savings to U.S. exporters and importers, providing incentives to retain and create jobs in the region. Specific benefits include:

  • Import duty reduction or elimination on products manufactured, assembled, or processed in an FTZ
  • Duty reduction or elimination on imported goods warehoused in an FTZ
  • U.S. duty elimination when goods are re-exported from an FTZ to a foreign country or another FTZ
  • Improved cash flow
  • Simplified customs procedures, allowing expedited movement of inventory and supporting a just-in-time inventory environment
  • Scrap and waste benefits
  • Duties on defective or damaged goods avoided
  • and much more…

The event is free but limited to the first 100 people due to space limitations – so sign up early!  Click here to Register and view the full event agenda.