Miraclon Corporation submitted a notification on October 27, 2020, to the Foreign-Trade Zones Board regarding proposed production activities at their facility in Weatherford, Oklahoma. This proposal was reviewed according to the FTZ Board's regulations and made available for public comment. On February 24, 2021, the FTZ Board authorized the production activity, stating that no further review was necessary. The authorization is subject to compliance with the Foreign-Trade Zones Act and specific board regulations.
Simple Explanation
Miraclon Corporation, a company in Weatherford, Oklahoma, asked for permission to make special printing plates at their factory, and they got the okay to do so. The rules say they have to follow the Foreign-Trade Zones Act, but the document doesn't tell us much about how they will do it or what good things might happen, like new jobs or helping the environment.