Search Results for keywords:"West Virginia Economic Development Authority"

On December 11, 2024, the West Virginia Economic Development Authority submitted an application for subzone status on behalf of Premium Guard, Inc., in Weirton, West Virginia. The Foreign-Trade Zones Board reviewed the application and published a notice inviting public comments. After evaluation, the application to create Subzone 240A was approved on January 28, 2025, with certain conditions, including adherence to the existing 317-acre activation limit of FTZ 240. This approval was officially recorded in the Federal Register.

An application has been submitted by the West Virginia Economic Development Authority to the Foreign-Trade Zones Board to reorganize Foreign-Trade Zone 240 in Martinsburg, West Virginia, under a new framework called the alternative site framework (ASF). This framework would allow more flexibility in designating new sites within specific counties, including Berkley, Hampshire, Hardy, Jefferson, and Morgan Counties, without being limited by the typical 2,000-acre activation limit. The application requests treating the existing site at the Eastern West Virginia Regional Airport as a "magnet" site, exempt from certain time limitations. Public comments are invited until April 12, 2021, with additional rebuttal comments accepted until April 26, 2021.