Does your company import or export materials or goods? Are you struggling to navigate the many rules and regulations surrounding this type of activity? Did you know that a Foreign-Trade Zone (FTZ) can help you streamline the process while minimizing costs and saving staff resources?
To help business owners learn more about these subjects, the Macomb County Department of Planning & Economic Development will host Exporting 101 from 8:30 a.m. to 10:45 a.m. on Wednesday, May 18 at TVI Logistics’ location, 25200 Malvina Avenue, Warren, 48089. Click here to register.
FTZs were created by the U.S. Congress to foster international trade and enhance the global competitiveness of U.S. companies. Treated by the U.S. Customs and Border Protection as if it were located outside the United States, an FTZ can offer significant savings on import duties for both components and consumer-ready merchandise.
Other significant benefits of FTZs are realized for companies that re-export finished products or deal with materials that are deemed scrap upon their arrival in the United States. The savings are so great that many large corporations operate their own designated FTZs. For smaller companies without the resources to take on this type of endeavor, TVI Logistics of Warren offers a solution. According to TVI Logistics' CEO, Constance Blair, “If your company is paying an average of $485 or more per week in merchandise processing fees, you might want to consider utilizing our services to save time and money.”
“Partnering with TVI Logistics ensures that our business continues to exceed our customers’ expectations and meet our evolving needs,” said Donna Yost, CEO of The Life Chest™. “TVI’s white glove service, packaging, and assembling services are integral to maintaining our brand and customized product line.”
Exporting 101 will feature business leaders like Yost who are already using FTZ services as well as trade experts from the Michigan Economic Development Corporation and Baker Tilly. For more information, visit www.MacombBusiness.com or call: (586) 469-5285.