14 Jan 2025
💼Merck's FTZ Notification for Pharmaceutical Production in NJ
Foreign-Trade Zone (FTZ) 49, Notification of Proposed Production Activity; Merck, Sharp & Dohme LLC; (Pharmaceutical Products for Research and Development); Rahway, New Jersey
Agencies
- Commerce Department
- Foreign-Trade Zones Board
Business Impact
$$ - Med
The proposed production activity under FTZ regulations can provide significant financial benefits (e.g., duty-free imports) for Merck, impacting their operational costs and competitive pricing. Businesses in similar sectors should consider the implications of FTZs for cost savings and trade compliance.