An application has been submitted to the Foreign-Trade Zones Board by the Port Authority of New York and New Jersey to establish a subzone for Celgene Corporation's facilities in Warren and Summit, New Jersey. The proposed subzone includes two sites: 7 Powder Horn Drive in Warren and 556 Morris Avenue in Summit. Public comments on the application are invited until March 29, 2021, and can be sent to the FTZ Board's Executive Secretary via email. The FTZ Board's regulations designate Christopher Kemp to review the application and make recommendations.
Simple Explanation
The government is thinking about giving a special trade zone status to two places where Celgene, a big company, does its work in New Jersey. People can share their thoughts about this idea until the end of March 2021.