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Foreign Trade Zone (FTZ) Announcement

EPISODE · Dec 31, 2008 · 29 MIN

Foreign Trade Zone (FTZ) Announcement

from Community Development Foundation - Tupelo, Mississippi PODCAST · host CDF Webmaster

The U.S. Foreign-Trade Zones Board approved FTZ manufacturing authority for Lane, H.M. Richards, and Bauhaus USA on December 22, all of which are located within the Greater Mississippi Foreign-Trade Zone #158. This approval will not only enable these companies to maintain their in-house cut-and-sew operations, saving an estimated 950 jobs in Lee County, but will reduce the raw good cost of each company by over $1 million annually.

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Foreign Trade Zone (FTZ) Announcement

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