Monday, May 11, 2009

Approval for Expansion of Hyundai Motor Manufacturing Alabama, LLC

The Montgomery Area Chamber of Commerce, grantee of FTZ 222, has requested authority on behalf of Hyundai Motor Manufacturing Alabama (HMMA), LLC to expand the scope of manufacturing authority (additional engine capacity) conducted under zone procedures within Subzone 222A at the HMMA facility in Montgomery, Alabama.

The application to expand the scope of the manufacturing authority under zone procedures is approved, subject to the Foreign-Trade Zones Act and the Foreign-Trade Zone Board.

To read the full article, please visit Trading Markets.

Reorganization and Expansion Sought for Virginia's FTZ-20

An application has been submitted to the Foreign-Trade Zones Board by the Virginia Port Authority, grantee of FTZ #20, requesting authority to reorganize and expand the zone project within the Norfolk Customs and Border Protection port of entry. The application was submitted pursuant to the provisions of the Foreign-Trade Zones Act and the regulations of the Board. The zone project consists of eighteen sites in the Hampton Roads area, with an overall increase of 639 acres in the total zone space. The sites will provide warehousing and distribution services to area businesses. No specific manufacturing authority is being requested at this time.

To read the full article, please visit Import Industry News.