Foreign-Trade Zone (FTZ) #147 encompasses 11 counties in southcentral Pennsylvania – including Adams, Berks, Cumberland, Dauphin, Franklin, Fulton, Juniata, Lancaster, Lebanon, Perry, and York. There are numerous sites that are strategically located to offer convenient on-site inter-modal transport links for air, road and rail transportation. FTZ #147 is operated by the FTZ Corp of Southern PA and is administered by Campbell Trade Group, Inc.
Purpose of Foreign Trade Zones
The Foreign-Trade Zones Program is an important aspect of U.S. Trade Policy. Its purpose is to facilitate trade and increase the global competitiveness of U.S. based companies.
Foreign-trade zones are secured areas located in or near U.S. Customs ports of entry, but legally considered to be outside the Customs territory. Certain types of merchandise can be imported into a Zone without going through formal Customs entry procedures or paying import duties.
At the very least, a FTZ offers companies the opportunity to defer payment of Customs duty. More often, the company pays lower costs, not only to U.S. Customs, but to its bank, insurance company, and other vendors.
In a FTZ, merchandise may be assembled, exhibited, manufactured, mixed, processed, relabeled, repackaged, repaired, salvaged, sampled, stored, tested, displayed, and destroyed.