Search Results for keywords:"alternative site framework"

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.

The Foreign-Trade Zones (FTZ) Board is seeking public feedback on the Port of Iberia District's plan to create a foreign-trade zone in Iberia Parish, Louisiana, using the alternative site framework. Public comments are accepted until January 17, 2025, with rebuttal comments due by February 3, 2025. Submissions should be sent via email to the FTZ Board's Executive Secretary. Additional details and the response to the preliminary recommendation can be found on the FTZ Board's website.

The Foreign-Trade Zones Board has decided not to approve the application from the Port of Iberia District to establish a foreign-trade zone in Iberia Parish, Louisiana. This decision was made because the requirements outlined in the Foreign-Trade Zones Act and the Board's regulations were not met. The application had sought to create a zone using the alternative site framework, aimed at enhancing foreign commerce in the area. The Board's decision was based on recommendations from an examiner's report.

The Economic Development Council, Inc. has submitted an application to the Foreign-Trade Zones Board to reorganize Foreign-Trade Zone 114 in Peoria, Illinois, under the alternative site framework. This framework would allow more flexibility in designating "usage-driven" sites within a 2,000-acre limit. The application also seeks to designate specific existing sites as "magnet" or "usage-driven" sites, remove one site, and create a subzone for Rivian Automotive, LLC in Normal, McLean County. Public comments on the application are welcome until March 15, 2021, with further rebuttal comments accepted until March 30, 2021.

The Foreign-Trade Zones Board has approved an application to reorganize Foreign-Trade Zone 123 in Denver, Colorado, under the alternative site framework. This decision allows the World Trade Center Denver to manage a service area that includes several counties and categorize certain existing sites as magnet or usage-driven. The approval includes conditions such as a 2,000-acre activation limit and specific sunset provisions requiring sites to be activated or have foreign-status merchandise admitted within a set number of years. This ensures that the sites will indeed be used for foreign-trade purposes.