5 Aug 2025
🏬Subzone Status Approved for Michaels Stores in Pennsylvania
Approval of Subzone Status; Michaels Stores Procurement Company, Inc.; Hazleton, Pennsylvania
Summary
The Department of Commerce's Foreign-Trade Zones Board approved subzone status for Michaels Stores Procurement Company, Inc. in Hazleton, Pennsylvania. This decision allows for a streamlined trade process, potentially reducing costs and improving operational efficiency for the company within the existing FTZ framework.
Agencies
- Commerce Department
- Foreign-Trade Zones Board
Business Impact
$$ - Med
The approval of subzone status for Michaels Stores enhances trade flexibility and potential cost savings on imports, directly benefiting business operations. The document outlines compliance with FTZ regulations, indicating a need for businesses involved to adhere to these standards.