The FTZ Corp of Southern Pennsylvania (FTZSPA), grantee of Foreign Trade Zone 147, received approval by the U.S. Foreign Trade Zones Board for the expansion of the zone under the Alternative Site Framework (ASF). The expanded FTZ 147 ASF service area now includes all of
About Foreign Trade Zone 147
Foreign-Trade Zone #147 is a regional economic development project that encompasses the counties of Adams, Berks, Dauphin, Cumberland, Franklin, Lancaster, Lebanon, Perry, and York. There are numerous FTZ sites that are strategically located to offer convenient on-site inter-modal transport links for air, road and rail transportation. The Foreign-Trade Zone is operated by the Greater Reading Economic Partnership, and the York County Economic Alliance. The Zone Project is administered by Campbell Trade Group, Inc.
Benefits & Advantages Of FTZ147
- Lower inventory costs
- Defer, reduce and/or eliminate U.S. Customs duties
- Distributions savings
- Elect preferential duty rates