24 Apr 2025
📸Authorization of GoPro Production Activity in Foreign-Trade Zone 29
Foreign-Trade Zone (FTZ) 29; Authorization of Production Activity; GoPro, Inc; (Camera Bundles); Louisville, Kentucky
Summary
The Department of Commerce's Foreign-Trade Zones Board has authorized GoPro, Inc. to proceed with production activities in Louisville, Kentucky, under the FTZ Act. This move follows a formal notification and processing in compliance with specified regulations, signaling an important development in trade operations within the designated zone.
Agencies
- Commerce Department
- Foreign-Trade Zones Board
Business Impact
$$ - Med
This content pertains to the authorization of production activity for GoPro, Inc. within a Foreign-Trade Zone (FTZ), which affects compliance and regulatory requirements for businesses operating in such zones. The notification's processing indicates potential opportunities for streamlined operations and tax incentives, significant for businesses in trade and manufacturing.