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Published byTimothy Carter Modified over 9 years ago
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Georgia Foreign-Trade Zone growing international trade www.georgiaftz.com
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Foreign-Trade Zone Program Created by the U.S. government in 1934 to facilitate international trade and increase the global competitiveness of U.S.-based companies.
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Foreign-Trade Zone Sites Outside U.S. Customs territory Open to companies large and small, foreign and domestic No export requirements or location requirements
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www.naftz.org Foreign-Trade Zone Sites
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FTZ Benefits Improved Cash Flow Lower duty payments Quicker delivery of goods from port Tighter inventory control More secure operating environment
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Top FTZ Products Electronics Automotive Pharmaceutical Petro-chemical Machinery Equipment Clothing and Footwear
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EXPORTS $54 billion, up 56%
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FTZs in Georgia 79 companies Nearly 6,000 employed $5 billion exported ranking Georgia 11 th in the U.S.
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Georgia FTZ Companies Manufacturing/Production Yamaha Pratt & Whitney Precision Components Int. Roper Corporation Ricoh Electronics Perkins Engines Sanofi Noramco Makita Suzuki SKAPS Distribution Robert Bosch Kodak Amoena DHL Unipart Logistics Agility Logistics Chico’s Carter’s NEMA Mizuno
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FTZ Opportunities
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AZFA – NAFTZ Cooperation Agreement AZFA - Latin American zones association representing 22 countries, including Panama. National Association of Foreign-Trade Zones (NAFTZ) –Over 600 members –Education, information, networking, advocacy –Annual conference Sept. 8-11, 2013, in Miami, FL.
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Georgia Foreign-Trade Zone growing international trade www.georgiaftz.com
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