Merck, Sharp & Dohme LLC submitted a request to the Foreign-Trade Zones (FTZ) Board on October 18, 2024, to start production activities at its facility in Rahway, New Jersey, which is part of FTZ Subzone 49Y. The FTZ Board reviewed this request and announced in the Federal Register that public comments on the activity were welcome. On February 18, 2025, the FTZ Board decided that no further review was necessary and approved the proposed production activities, as long as they comply with FTZ regulations. This authorization was communicated to the applicant on the same day.
Simple Explanation
Merck, Sharp & Dohme LLC asked for permission to make medicine-related stuff at a special zone in New Jersey where businesses get some benefits. The people in charge checked everything and said it was okay, as long as Merck follows the rules.