Georgia Foreign-Trade Zone growing international trade .
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Transcript of Georgia Foreign-Trade Zone growing international trade .
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.
Foreign-Trade Zone Sites
• Outside U.S. Customs territory• Open to companies large and small, foreign
and domestic• No export requirements or location
requirements
FTZ Benefits
• Improved Cash Flow• Lower duty payments• Quicker delivery of goods from port• Tighter inventory control• More secure operating environment
Top FTZ Products
• Electronics• Automotive• Pharmaceutical • Petro-chemical• Machinery• Equipment• Clothing and Footwear
FTZs in Georgia
• 79 companies • Nearly 6,000
employed• $5 billion exported
ranking Georgia 11th in the U.S.
Georgia FTZ CompaniesManufacturing/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
AZFA – NAFTZCooperation 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.