Search Results for keywords:"FTZ 55"

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Search Results: keywords:"FTZ 55"

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  • 2024-31443 — Foreign-Trade Zone 55; Application for Subzone; Century Arms, Inc.; Georgia, Vermont
    Type:Notice
    Citation:90 FR 70
    Reading Time:about a minute or two

    An application has been filed with the Foreign-Trade Zones (FTZ) Board to grant subzone status to a facility operated by Century Arms, Inc. in Georgia, Vermont. This application is part of the effort by the Greater Burlington Industrial Corporation, the grantee of FTZ 55, to establish a new subzone covering 2.30 acres at 236 Bryce Boulevard. The public is invited to comment on this proposal until February 11, 2025, with the option for rebuttal comments until February 26, 2025. Further details and the application can be accessed online on the FTZ Board's website.

    Simple Explanation

    The government is thinking about letting a company called Century Arms, which is in Vermont, use a special area for their stuff to move in and out more easily. People can say what they think about this idea until February 11, 2025.

  • 2025-06929 — Approval of Subzone Status; Century Arms, Inc.; Georgia, Vermont
    Type:Notice
    Citation:90 FR 17030
    Reading Time:less than a minute

    The Foreign-Trade Zones (FTZ) Board has approved an application to establish a subzone for Century Arms, Inc. in Georgia, Vermont. This decision was made on April 17, 2025, after a review by the FTZ staff examiner and a public comment period announced in the Federal Register. The new subzone will operate under FTZ 55, which has a ten-acre activation limit. The subzone status allows Century Arms, Inc. to benefit from tariff and tax advantages offered in foreign-trade zones.

    Simple Explanation

    Century Arms, Inc. in Georgia, Vermont got special permission to have a "subzone" where they can save money on taxes and tariffs because of a decision by the government. This means they can work under special rules that might help their business grow.