FTZs can bring in millions of dollars in additional profits and cost very little to maintain relative to the investment.
Even though the FTZ program was created in 1934, its relevance today is huge. After the year 2002, when Customs allowed for weekly entry (which greatly increased the demand for zones in warehouse and fulfillment centers), the FTZ program entered an even more lucrative incentive profile
Let's get into the weeds a little bit about the FTZ benefit structure so that it becomes very clear as to how this program is a federal incentive to be used at the local level.
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