Port Lansing

The Foreign Trade Zone (FTZ) program was established in 1934 to help US companies compete globally, reduce, eliminate or defer duties, while streamlining importing and exporting activities. 

FTZ No. 275 Service Area

FTZ’s are designated areas within the United States, in or near a U.S. Customs port-of-entry, where foreign and domestic merchandise is considered to be outside the country, or at least outside of U.S. Customs territory.

In 2009, more than 2,500 firms within 253 FTZ’s processed more than $430 billion in imports and $28 billion in exports, employing more than 330,000 people. Manufacturers utilizing the FTZ program include oil refining, automotive, pharmaceutical, and machinery/equipment sectors. FTZ activity tends to involve domestic operations that combine foreign inputs with significant domestic inputs.* *FTZ Board 2009 Report to Congress

FTZ No. 275’s General Purpose Zone (GPZ), located near the airport terminal, allows companies to benefit from the FTZ program quickly and affordably. GPZ’s leverage experienced FTZ operators to perform key compliance functions and help reduce your company’s overall import expenses.  Port Lansing and FTZ No. 275 can help your business improve cash flow and operational efficiencies.

There are several benefits to utilizing the FTZ program. Participating companies benefit in different ways, depending on a wide variety of factors.

Major FTZ Benefits Include:

• Cash flow improvement with duty deferral
• Reduced customs entry fees
• Savings on scrap, waste and yield loss
• Direct delivery of imports
• Duty exemption on re-exports
• Duty elimination/reduction through inverted tariff 

FTZ Savings Calculator: Want to see if the FTZ program could benefit your company?  Perform a simple calculation to determine the potential savings.

To learn more about FTZ’s and hear about examples, please watch a video from a previous Port Lansing and FTZ Seminar.