📦Proposed Production Activity Notification for FTZ 20 in NC
Foreign-Trade Zone (FTZ) 20, Notification of Proposed Production Activity; LMFAKRO, LLC; (Wooden Attic Stair Products); Elizabeth City, North Carolina
Summary
The Department of Commerce's Foreign-Trade Zones Board received a notification from LMFAKRO, LLC for a proposed production activity involving wooden attic stairs at their Elizabeth City, North Carolina facility. The notification outlines the foreign-status materials required, relevant duty rates, and regulatory compliance needed for operations within the FTZ framework. Public comments are invited following the established guidelines.
Agencies
- Commerce Department
- Foreign-Trade Zones Board
Business Impact
$$ - Med
The notice pertains to a proposed production activity under Foreign-Trade Zone (FTZ) regulations. This can impact business owners by providing potential duty savings and regulatory compliance guidance, particularly for LMFAKRO, LLC. The mention of foreign-status materials/components and applicable duties indicates important financial considerations for importing components.