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Foreign Trade Zone #266
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In December 1997, the City of Lemoore became part of the Merced County Foreign Trade Zone (FTZ). This FTZ encompasses seven Central Valley counties including Stanislaus, Merced, Mariposa, Madera, Fresno, Kings, and Tulare. Foreign Trade Zone status will be a great benefit to those businesses with high importing costs. |
Benefits that may be available to your company:
Is a Zone Right For Your Operations?
- If you are concerned about Zone operational issues or regulation, or you think Zones are only suited to a particular industry, consider this:
Car manufacturing plants, oil refineries, computer manufacturers, and textile distributors are all utilizing Zones. So are companies with as few as 15 employees.
- If you are already using another Customs tariff-reduction program, such as Duty Drawback, Temporary Importation Bond, or a Bonded Warehouse, you need to consider U.S. FTZs as a way to streamline your operations, cut down on paperwork, increase your flexibility, and save additional money, all at the same time. Many companies are discovering that Zones more efficiently meet their needs than other Customs programs.
The City of Lemoore has plenty of vacant land available for Foreign Trade Zone use. All companies interested in taking advantage of the FTZ status can operate their facility here in Lemoore as a FTZ subzone. A sub-zone is open to all of the benefits offered in Foreign Trade Zones. Companies apply for sub-zone status on an individual basis.
The Designated Port of Entry for Foreign Trade Zone 266 is the Fresno International Airport. However, any mode of transportation may be utilized and merchandise need not pass through the Fresno Airport in order to qualify. NAS Lemoore, which is five miles from Lemoore's Industrial Park, has agreed to share their airstrip with private enterprises wishing to take advantage of the FTZ. Companies wanting more information on partnering with the Naval Air Station can contact Bill O'Donnell, Business Manager, NAS Lemoore, (559) 998-2504.
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For businesses or individuals who wish to find out
more about economic development opportunities in
Lemoore, please contact: Judy Narbaitz, jnarbaitz@lemoore.com, Economic Development Analyst, (559) 924-6704.
Webmaster: avcm@jps.net
Copyright © 2003 - 2004 City of Lemoore, Lemoore, California. All Rights Reserved. |