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FTZ #176
Utilizing Foreign-Trade Zone #176
The FTZ program is a partnership of the U.S. government and private sector importers.Each approved location is specially-designated area and considered to be outside of U.S. Customs territory. For that reason, when cargo arrives in the country for an FTZ operator, it does not immediately clear Customs. The cargo receives preferential treatment with duties deferred, reduced or eliminated. In addition, there are supply chain, inventory control and other savings available through the FTZ program.

These benefits vary widely based on the “fact pattern” of each applicant.

There are two steps required to take advantage of the hundreds of ways to save in the Zone:
  1. Achieve FTZ designation for the property; and
  2. Win Customs approval to “activate”.
Because FTZ #176 has applied for and received approval for expedited access, this process is now cheaper and faster. Some applicants will be operating within 3-4 months and reach their ROI (return on investment) in 6-12 months.

For more information contact Carrie Zethmayr with the Rockford Area Economic Development Council (815-969-4268 or czethmayr@rockfordil.com).
Annual Reports
Each year, a variety of businesses find success in utilizing RFD's FTZ.

2012 FTZ Annual Report
2011 FTZ Annual Report
2010 FTZ Annual Report
2009 FTZ Annual Report
2008 FTZ Annual Report
2007 FTZ Annual Report
FTZ Presentations
FTZ Brochure
Click on the below links for the steps and info in determining if an FTZ could benefit your business:

For the complete brochure on what an FTZ is and how it can benefit your company please Click Here.
Links
FTZ #176 Literature
FTZ #176 in the News
If you are interested in receiving more information on the benefits of joining Foreign Trade Zone #176, contact Carrie Zethmayr with the Rockford Area Economic Development Council at 815-969-4268 or czethmayr@rockfordil.com.
FTZ #176 Benefits
By utilizing a FTZ, companies can defer, reduce and in some cases eliminate duties (taxes) imposed by the Customs and Border Protection on foreign goods.

In addition to the many benefits seen by area companies, the regional community also benefits from a FTZ.

Complete list of FTZ benefits.
Current FTZ #176 Maps
Passenger Info
Administration
Contact
Cargo
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