Search Results for keywords:"Foreign-Trade Zone 72"

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Search Results: keywords:"Foreign-Trade Zone 72"

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  • 2021-04103 — Foreign-Trade Zone (FTZ) 72-Indianapolis, Indiana; Notification of Proposed Production Activity; XPO Logistics (Wearable Electronic Communication/Data Device Kitting); Clayton, Indiana
    Type:Notice
    Citation:86 FR 11921
    Reading Time:about a minute or two

    XPO Logistics has submitted a proposal for production activity at its facility in Clayton, Indiana, located within Foreign-Trade Zone 72. They plan to assemble wearable electronic communication devices with various watch bands. By doing so under FTZ procedures, they could avoid paying customs duties on some foreign parts when exported. Public comments on this proposal are welcome until April 12, 2021, with more information available on the Foreign-Trade Zones Board's website.

    Simple Explanation

    XPO Logistics wants to put together smart watches and their straps in a special area in Indiana where they don’t have to pay some extra taxes, and people can tell the government what they think about this plan until April 12, 2021.

  • 2024-30761 — Foreign-Trade Zone (FTZ) 72; Authorization of Production Activity; Toyota Material Handling, Inc.; (Forklift Trucks, Work Trucks and Automated Guided Vehicles); Columbus, Indiana
    Type:Notice
    Citation:89 FR 104977
    Reading Time:less than a minute

    Toyota Material Handling, Inc. sought approval to carry out production activities at its facility in Columbus, Indiana, which is part of Foreign-Trade Zone (FTZ) 72. They submitted this request to the FTZ Board on August 20, 2024. The Board processed the request and invited public comments, as noted in the Federal Register. By December 19, 2024, the FTZ Board concluded no further review was needed and authorized the requested production activities, following the relevant regulations.

    Simple Explanation

    Toyota Material Handling in Indiana got permission to make more forklifts and other vehicles in a special trade area, which helps them work more easily with fewer taxes. The approvals were given after checking the rules and allowing people to share their thoughts about the plan.