26 Feb 2025
🏭FTZ 59 Authorization for Kawasaki Motors Production Activity
Foreign-Trade Zone (FTZ) 59; Authorization of Production Activity; Kawasaki Motors Manufacturing Corp., U.S.A.; (Four-Wheeled Personal Transportation Vehicles); Lincoln, Nebraska
Summary
The Department of Commerce's Foreign-Trade Zones Board approved production activity for Kawasaki Motors Manufacturing Corp. at its Lincoln, Nebraska facility. This authorization aligns with FTZ regulations, showcasing opportunities for tariff reductions and benefits for businesses involved in the production of four-wheeled personal transportation vehicles.
Agencies
- Commerce Department
- Foreign-Trade Zones Board
Business Impact
$$ - Med
The text discusses the authorization of production activities by Kawasaki Motors in a Foreign-Trade Zone, which can provide financial benefits and incentives for businesses operating in these zones, including tax advantages and reduced tariffs under the FTZ Act.