Bay City, Michigan 48706
Front Page Photo of the Day Log-IN About us
www.mybaycity.com March 4, 2007
(Prior Story)   Business ArTicle 1509   (Next Story)
Sponsored by Bay Area Chamber of Commerce

Bay Future to Aid Firms to Connect with Mid-Michigan Foreign Trade Zone

Six FTZ Operating Now in Michigan; Bay County Had First Zone in 1966

March 4, 2007       Leave a Comment
By: Dave Rogers

Printer Friendly Story View

As global trade grows, the need for Foreign Trade Zones (FTZ) will continue and expand, according to trade officials. Bay County is positioning to be involved with foreign trade, possibly through the Flint FTZ.

Fred Hollister, president of Bay Future, Inc., says: "Join us for a free seminar and learn how the Mid Michigan Foreign Trade Zone #140 can level the global playing field for your company."

Bay Future is sponsoring a Foreign Trade Zone seminar Thursday, March 15, 9 a.m. to 11 a.m., at the DoubleTree Hotel - Bay City Riverfront.

"Learn how regional collaboration can save you money and create new competitive advantages for your business," adds Hollister.

Interested firms and individuals may contact Amy Phillips at Bay Future by March 7 at 892-1400 or by e-mail at aphillips@bayfuture.com.

Among other information, the seminar will help firms leverage the combined purchasing power of the Mid Michigan Region improve capacity utilization of both foreign and domestic shipments and aggregate the flow of all inbound and outbound materials to our region providing more flexibility in your shipping options.

Hollister says: "Growing shortages of transportation capacity, increased fuel cost and new security regulations will greatly impact your ability to do business. Learn how the Foreign Trade Zone can cost effectively link your company to global resources and markets."

Foreign Trade Zone (FTZ) #140 is located at Flint's Bishop Airport. All U.S. ports of entry, including Bay City/Saginaw, are eligible for establishment of a FTZ. In fact, Bay County had Michigan's first FTZ in 1966, a project promoted in 1962 by the late H.D. "Ted" Doan, then president of The Dow Chemical Co. The zone status was relinquished in 1980.



--- Advertisements ---
     



"The level of demand for FTZ procedures has followed the overall growth trend for global trade and investment. Some manufacturing plants are operating within subzones.

According to the National Association of Foreign Trade Zones, liberalized trade rules has mitigated the need for Foreign Trade Zones in the sense that some tariffs have been eliminated by the North American Free Trade Agreement (NAFTA).

There are currently six active FTZs in Michigan, Battle Creek, Detroit, Flint, Kent/Ottawa/Muskegon counties, Sault Ste. Marie and St. Clair County.

As of 1996, FTZs exist in 220 communities in 49 states, according to the International Trade Administration of the U.S. Department of Commerce.###

Printer Friendly Story View
Prior Article

June 24, 2019
by: Dave Rogers
TOUGH SCHOOL CLIMB: State Needs 20 Years to Regain Education Vitality
Next Article

June 18, 2019
by: Stephen Kent
ODRAM: One Day Ride Across Michigan
Agree? or Disagree?


Dave Rogers

Dave Rogers is a former editorial writer for the Bay City Times and a widely read,
respected journalist/writer in and around Bay City.
(Contact Dave Via Email at carraroe@aol.com)

More from Dave Rogers

Send This Story to a Friend!       Letter to the editor       Link to this Story
Printer-Friendly Story View


--- Advertisments ---
     


0200 Nd: 06-21-2019 d 4 cpr 0





SPONSORED LINKS

LOCAL LINKS
(Ads not affiliated with Google)




Ads By MyBayCity.com


Ads By MyBayCity.com
Historical Press - By Dave Rogers
Purchase Your Copy Today!
http://www.amazon.com/D.Laurence-Rogers/e/B001KCA8ZY/ref=ntt_athr_dp_pel_pop_1

Ads By MyBayCity.com
Begick
http://begicknursery.com/
Begick Nursery and Garden Center





Designed at OJ Advertising, Inc. (V3) (v3) Software by Mid-Michigan Computer Consultants
Bay City, Michigan USA
All Photographs and Content Copyright © 1998 - 2019 by OJA/MMCC. They may be used by permission only.
P3V3-0200 (1) 0   ID:Default   UserID:Default   Type:reader   R:x   PubID:mbC   NewspaperID:noPaperID
  pid:1560   pd:11-18-2012   nd:2019-06-21   ax:2019-06-25   Site:5   ArticleID:1509   MaxA: 999999   MaxAA: 999999
CCBot/2.0 (https://commoncrawl.org/faq/)