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.