What is a Foreign-Trade Zone?
A Foreign-Trade Zone, or FTZ, is like a “duty-free” zone for businesses. FTZs are geographical areas at or near a U.S. Port of Entry where commercial merchandise is treated by U.S. Customs as if it were “outside the commerce of the United States.” The U.S. FTZ Board licenses designated sites within an FTZ to have this special status.
About Foreign-Trade Zone #230
FTZ #230 is in North-Central North Carolina and offers businesses in 12 counties the opportunity to import goods from foreign countries duty-free. These counties include Surry, Stokes, Rockingham, Caswell, Yadkin, Forsyth, Guilford, Alamance, Davie, Davidson, Randolph, and Montgomery.
Advantages of Foreign-Trade Zone #230
- Centrally located between New York and Miami
- Half of U.S. population located within 700 miles
- GSO international airport with FedEx MidAtlantic Air Hub
- Access to 4 interstate highways
- FedEx Ground, UPS, and USPS Bulk Main Center
Businesses interested in becoming a site within FTZ #230, or simply in learning more about FTZ opportunities, should contact the FTZ #230 Administrator:
Penny Whiteheart (336) 668-4556 firstname.lastname@example.org
416 Gallimore Dairy Rd. Suite M
Greensboro, NC 27409