Georgia Foreign Trade Zone
For more than 40 years, Georgia’s job creators have turned to us to access relief from tariffs and fees. The FTZ program encourages activity at U.S.
facilities in competition with foreign locations by allowing delayed, reduced, and sometimes eliminated, duty payment on foreign merchandise admitted to a zone, as well as other meaningful savings. In the global
Georgia companies are savings millions of dollars every year by reducing, delaying, or eliminating tariffs and fees on the products they need to keep our economy moving. Their secret is the U.S. Foreign-Trade Zone program – and more companies are signing up every year.
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Home - Georgia Foreign-Trade Zone For more than 40 years, Georgia’s job creators have turned to us to access relief from tariffs and fees. As the exclusive gateway for companies in more than 60 Georgia counties to access the benefits of the federal U.S. Foreign-Trade Zone (FTZ) program, we’ve helped leaders from diverse industri...
International trade and Customs attorney Lewis Liebowitz told GFTZ's Julie Brown today that trade "will be no less important in the next four [years]—and the likelihood that favored industries and companies will have an easy time keeping the protection they have, let alone obtaining new protection, appears to be decreasing."
Now more than ever, the Foreign-Trade Zone program is essential for businesses with a global supply chain. It is the most stable and reliable way to reduce, delay and eliminate costly tariffs and fees.
Conversations: Lewis Liebowitz On Section 232, Safeguard Remedies - Georgia Foreign-Trade Zone Earlier today, GFTZ President & CEO Julie Brown spoke with Lewis Liebowitz, an international trade and Customs attorney based in Washington, D.C., as part of an ongoing conversation series about policy developments in U.S. international trade. Q: Lewis, thanks again for taking some time to talk with...
We love it when the businesses we support expand their operations!
Yamaha Motor Manufacturing Corporation of America, which has used its foreign-trade zone (FTZ) benefits to support exports of golf carts and U.S. and export sales of personal watercraft since 1989, is hiring more than 300 new contract employees at its Newnan facility.
In 1998, the company added began using the program to support production of ATVs. In 2011, the company began to transfer production of nearly all its mid- and large-engine ATVs models to the United States from overseas facilities into its FTZ facility in Newnan.
Newnan Times-Herald: Yamaha Hiring 300 More at Newnan Facility - Georgia Foreign-Trade Zone Yamaha Motor Manufacturing Corporation of America is hiring more than 300 new contract employees at its Newnan facility, according to the Newnan Times-Herald, to assist in assembly line functions. Yamaha has used its foreign-trade zone (FTZ) benefits to support exports of golf carts and U.S. and exp...
The U.S. Foreign-Trade Zones Board has released its Annual Report to Congress and it's official: businesses working with Georgia Foreign-Trade Zone employed more than 11,000 people – a record high – last year.
Nationwide, more than 460,000 people were employed at some 3,300 firms in 193 foreign-trade zones.
Are your employees working in a foreign-trade zone?
Are you doing all you can to improve your bottom line and supply chain efficiencies?
Record Employment, Merchandise Values Underscore Growing Importance of FTZ's to Georgia Businesses - Georgia Foreign-Trade Zone The U.S. Foreign-Trade Zones Board has released its 2019 Annual Report to Congress. According to the report, there were 193 FTZs active during the year, with a total of 348 active production operations. Over 460,000 persons were employed at some 3,300 firms to work in FTZs during the year. The figur...
Lewis Liebowitz, an international trade and Customs attorney, spoke with GFTZ today about where he believes U.S. international trade is headed:
"The next four years will feature, I believe, a vigorous debate over many issues regarding global economics and foreign policy, which are increasingly intertwined. Imports have been on a steady upward tilt during good times for several decades now. The blip in 2019 is not likely to reverse that.
"Instead of merely chanting that China “must be held to account,” we will need to get specific about what policies will put more pressure on China to change their behavior. Equally important, we need to discuss what policies will change our behavior. Our economic future depends not so much on identifying foreign practices that hurt us as identifying our own bad habits and changing them. We are not as good, compared to other countries, as we used to be. And standing still in an increasingly competitive world, means getting run over from the rear. We must continually improve what we do best or we will slide.
"Whoever wins on Tuesday, or some later date, both of those debates will be front and center."
Conversations: Trade & Tariffs With Lewis Liebowitz - Georgia Foreign-Trade Zone Earlier today, GFTZ President & CEO Julie Brown spoke with Lewis Liebowitz, an international trade and Customs attorney based in Washington, D.C. about where U.S. international trade is headed. Q: Lewis, tomorrow is election day. Trade will surely remain a focal point in Washington no matter the out...
DHL is expanding its presence at Hartsfield–Jackson Atlanta International Airport, according to the company, which will “add jobs and lead to more cargo flights into ATL.” Eventually, DHL reportedly plans to hire about 300 new employees at the airport.
In Q4 ’21, DHL is expected to be operating its own cargo fleet directly into Atlanta from Europe and Asia.
Presently, two of the largest areas of growth are in consumer electronics and clothing. Every year, more than three-quarters of a billion dollars worth of consumer goods moves through businesses working with Georgia Foreign-Trade Zone, and all of it is touched by the financial and supply chain benefits of the U.S. foreign-trade zone program.
DHL Express to Create Gateway at Hartsfield-Jackson - Georgia Foreign-Trade Zone DHL is expanding its presence at Hartsfield–Jackson Atlanta International Airport, according to the company, which will “add jobs and lead to more cargo flights into ATL.” Eventually, DHL reportedly plans to hire about 300 new employees at the airport. In Q4 ’21, DHL is expected to be operat...
Foreign trade zones are making a comeback as an additional incentive to help reduce taxes for manufacturing, e-commerce and other retail companies throughout the U.S.
Curtis Spencer, President of IMS Worldwide, Inc., spoke with Area Development on the value of foreign-trade zones to local economies and to the business community.
Spencer recommended that “any manufacturer that has $10 million or more in imports” look at the FTZ opportunities and potential benefits, and observed that “the biggest change we’ve seen in the FTZ world has been the rate at which small- and medium-sized companies have been utilizing FTZs,” which “could end up doubling their profit” by operating in an FTZ environment and changing how they import merchandise.
Area Development: Why are Foreign Trade Zones Making a Comeback? - Georgia Foreign-Trade Zone Foreign trade zones are making a comeback as an additional incentive to help reduce taxes for manufacturing, e-commerce and other retail companies throughout the U.S. Curtis Spencer, President of IMS Worldwide, Inc., spoke with Area Development on the value of foreign-trade zones to local economies....
FTZ Developments, a publication of Rockefeller Group Foreign Trade Zone Services, today released its Fall 2020 guidance on modernizing e214 online admission process, rising Merchandise Processing Fees, an administrative ruling on Section 321, and a new Environmental Protection Agency (EPA) rule requiring notification 90 days prior to importation, manufacture, or process of six chemical substances for an activity that designates as a significant new use.
Rockefeller Group Releases Fall 2020 FTZ Developments - Georgia Foreign-Trade Zone FTZ Developments, a publication of Rockefeller Group Foreign Trade Zone Services, today released its Fall 2020 guidance on modernizing e214 online admission process, rising Merchandise Processing Fees, an administrative ruling on Section 321, and a new Environmental Protection Agency (EPA) rule requ...
Congratulations to Carter's Inc. and Delta Air Lines on placing inside the Top 25 of Georgia Trend's 2020 list of Georgia’s Top 100 Public Companies. We are proud to work with you both.
To learn more about the three-quarters of a billion dollars worth of consumer goods that businesses move annually through the foreign-trade zone program, contact us today!
Carter's Inc., Delta Air Lines Place In Georgia Trend's Top 25 - Georgia Foreign-Trade Zone On September 30, Georgia Trend released its 2020 list of Georgia’s Top 100 Public Companies is determined by S&P Global Market Intelligence and data supplied for 2019. Two companies working with Georgia Foreign-Trade Zone — Carter’s Inc. and Delta Air Lines — placed inside the Top 25 of thei...
This week, Yamaha Motor Manufacturing Corporation of America - a member of Georgia Foreign-Trade Zone - announced plans to immediately hire over 100 new employees to assist in many assembly line functions to help keep pace with the growing demand for all Yamaha recreational products assembled at its Newnan, Georgia facility.
This is great news for , Newnan and Coweta County!
Newnan Times-Herald: Yamaha hiring over 100 new employees in Newnan - Georgia Foreign-Trade Zone Yamaha Motor Manufacturing Corporation of America, (YMMC) plans to immediately hire over 100 new employees to assist in many assembly line functions to help keep pace with the growing demand for all Yamaha recreational products assembled at its Newnan, Georgia facility, according to a statement rele...
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