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Foreign Trade Zone No. 174 |
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The program is designed to stimulate international trade, create jobs and promote investment in the United States. Companies conducting business within an activated zone or sub-zone may bring foreign and domestic product into the activated zone at lower costs.
To be eligible, your company must have a qualifying Customs purpose, such as the reduction or deferment of Customs Duties that are normally paid on many types of materials, components, and finished goods imported into the United States with significant cost benefits.
TREO is the grantee of Tucson's Foreign Trade Zone (No. 174). The Zone currently encompasses 468 acres divided between different locations.
For your company to qualify, it must:
- Have a facility located in the United States.
- Import parts, materials, or components for manufacturing.
- Import finished goods or parts for distribution.
Foreign Trade Zone benefits:
- Lower inventory costs.
- Defer, reduce and/or eliminate U.S. Customs Duties.
- Distribution savings.
- Elect preferential duty rates.
For assistance with Business Development Resources, contact: Lee J. Smith Sr. Vice President, Business Development 520.243.1909 or lee.smith@treoaz.org |
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