Bosch Security Systems, LLC has proposed a new production activity at its facility in Greer, South Carolina, which is located in the Foreign-Trade Zone (FTZ) 38. They plan to assemble and modify equipment like video surveillance systems, fire detection systems, and access control systems, which could qualify for reduced customs duties under FTZ procedures. Bosch aims to use specific foreign-sourced materials and components under these FTZ conditions. Public comments on this proposal are invited until April 6, 2021, and more information can be sought from the Board's Executive Secretary.
Simple Explanation
Bosch Security Systems wants to build and change some cool tech systems, like cameras and alarms, at a special place near Spartanburg, South Carolina. They hope to use parts from other countries without paying extra import fees, and people can say what they think about this idea until April 6, 2021.