7 Feb 2025
⚙️Rincon Power's Proposed Production Activity in Foreign-Trade Zone 205
Foreign-Trade Zone (FTZ) 205, Notification of Proposed Production Activity; Rincon Power, LLC; (Contactors, Relays and Switches); Carpinteria, California
Summary
Rincon Power, LLC has submitted a notification to the Foreign-Trade Zones Board for production activities in FTZ 205, California. The notification includes specific foreign-status materials and finished products for manufacturing, which may lead to duty benefits and compliance considerations for stakeholders involved.
Agencies
- Commerce Department
- Foreign-Trade Zones Board
Business Impact
$$ - Med
The text outlines a proposed production activity under Foreign-Trade Zone (FTZ) procedures, indicating potential financial advantages for Rincon Power, LLC, such as reduced duty rates on imports. Business owners could gain insights into compliance requirements and impacts of foreign-component sourcing.