The City of Conroe, Texas, has submitted a request to the Foreign-Trade Zones Board on behalf of Unimacts Company for production activities involving steel products at their facility in Conroe, Texas, within FTZ 265. The proposed activities include handling various types of flat-rolled steel and adding them to the company's existing production authority. Some of the materials may be subject to duties under specific trade laws, requiring specific status in the FTZ. The public is invited to comment on this proposal by February 18, 2025, and more information is available on the Board's website.
Simple Explanation
The City of Conroe in Texas wants permission for a company called Unimacts to use special rules to make things out of steel without paying some taxes, and people have until February 18, 2025, to say what they think about it.