19 Mar 2025
🏭Approval of Subzone Status for Cummins Inc. in Pennsylvania
Approval of Subzone Status; Cummins Inc.; Irvine, Pennsylvania
Summary
The Foreign-Trade Zones Board has approved an application for subzone status for Cummins Inc. in Irvine, Pennsylvania, under FTZ 247. This status allows Cummins to benefit from regulatory advantages, potentially impacting its operations and competitiveness in the market. The approval is subject to existing activation limits and FTZ regulations.
Agencies
- Commerce Department
- Foreign-Trade Zones Board
Business Impact
$$ - Med
The approval of Subzone status for Cummins Inc. in Irvine, Pennsylvania, provides a business incentive through potential trade advantages and regulatory compliance benefits under the FTZ Act, which can reduce operating costs and enhance competitiveness.