18 Jun 2025
🏭Application for Subzone Status
Foreign-Trade Zone 24; Application for Subzone; Michaels Stores Procurement Company, Inc.; Hazleton, Pennsylvania
Summary
The Department of Commerce's Foreign-Trade Zones Board has received an application for subzone status for Michaels Stores' facility in Hazleton, Pennsylvania. This application, submitted by Eastern Distribution Center, seeks to allow more flexible import and export activities without an authorization for production at this time. Public comments are invited until late July 2025.
Agencies
- Commerce Department
- Foreign-Trade Zones Board
Business Impact
$$ - Med
The content presents a request for subzone status under the Foreign-Trade Zones Act, indicating potential economic benefits and trade flexibility for Michaels Stores. As such applications can lead to reduced tariffs on imported goods, impacted businesses should be aware of the implications for operational costs and competitive positioning.