Foreign Trade Zone #29

Foreign-Trade Zones continue to play a significant role in the economic growth of the United States by increasing exports, enhancing industry competitiveness and attracting foreign direct investment.
Jarmilla Zapata, Senior Manager of Communications and Member Services, National Association of Foreign-Trade Zones

Dr. Omar Ayyash, President of World Trade Center – KY discusses Jefferson Riverport International and Foreign Trade Zone #29 with LRA Vice President Miguel Zamora

World Trade Center - Kentucky

Foreign-Trade Zone No. 29, with Customs clearance in Louisville, offers a prime opportunity for manufacturing or distribution firms to develop additional U.S. and overseas markets. Foreign-trade zones (FTZs) are designated locations in the United States where companies can use special procedures to reduce, delay or eliminate duty payments on foreign merchandise. FTZ No. 29 is not limited to just the Louisville and Jefferson County area. FTZ #29 has activated sites or subzones in 9 Kentucky counties.  Through the Alternate Site Framework provisions, are able to sponsor zone projects in 25 counties throughout the Commonwealth of Kentucky

 

The general FTZ site encompasses the intermodal port site and the industrial park. All sites/subzones include buildings for manufacturing and warehousing. Companies may take advantage of benefits by utilizing the site/subzone warehouses or by activating all or a portion of their own building. Companies located throughout our FTZ territory have activated over one million square feet of FTZ space.

 

FTZ No. 29 Subzones & Operators

  • Arvato Digital Services, LLC (Site 16*, 17, 18*, 19) – Jefferson County, KY
  • Columbia Sportswear (Site 9) – Henderson County, KY
  • Curvature Technologies, Inc (29P) – Jefferson County, KY*
  • Dow Silicones (29K) – Bullitt, Carroll & Hardin Counties, KY
  • G.E. (29C) – Jefferson County, KY
  • Guess? (Site 1) – Jefferson County, KY
  • Henderson (Site 7) – Henderson County, KY
  • Hitachi (29F, Site 1, 2, 3 & 4) – Mercer County, KY
  • Hyster-Yale (29I) – Madison County, KY
  • Lexmark (29D) – Fayette County, KY
  • LL Flex (29J) – Jefferson County, KY
  • Marathon (Site 5) – Jefferson County, KY
  • North American Stainless (29L) – Carroll County, KY
  • Owensboro (Site 8) – Daviess County, KY
  • Toyota (29E) – Scott County, KY
  • UPS (Site 11, 29Q & R S) – Jefferson County, KY
  • UPS (29S) – Bullitt County, KY
  • Watco (29M) – Jefferson County, KY
  • Wolverine (Site 1) – Jefferson County, KY
  • Workwell (Site 13) – Jefferson County, KY

          * Not Activated

 

For an estimate distance, time and cost of moving your product, click here.

 

 

The FTZ offers these significant competitive advantages:

  • Imports can be landed and stored quickly without full Customs formalities. U.S. quota restrictions, duty and bonding are waived in the Zone.

  • Companies do not pay Customs duties on the value of labor, overhead and profit attributed to production operations in a Zone.

  • Duty and certain taxes are not paid until goods leave the Zone. If previously imported goods are exported, there is no U.S. Customs Duty or revenue payment.

  • Substandard goods, impurities and waste can be discarded resulting in savings on Customs Duty.

  • Goods can be imported in excess of U.S. import quotas and then held until the next quota period.

  • Goods can be salvaged or repaired free of duty and quotas.

  • Certain bonded merchandise may be transferred to the Zone for export.