RECARO Aircraft Seating Americas, LLC has been given approval to conduct certain production activities at its facility in Fort Worth, Texas, which is located in Foreign-Trade Zone (FTZ) 196. The approval was granted by the Foreign-Trade Zones Board after reviewing RECARO's notification and determining that no further review was necessary. This decision was made in compliance with FTZ regulations and allows RECARO's activities to proceed under specific guidelines of the FTZ Act.
Simple Explanation
RECARO Aircraft Seating Americas, a company in Texas, got permission to make airplane seats in a special area called a Foreign-Trade Zone, which means they can do this under certain rules that help businesses.