With consumer spending driving 70 percent of the U.S. economy, it’s no wonder that the U.S. foreign-trade zone program is set up to support companies that trade in consumer goods. Georgia Foreign-Trade Zone works closely with major brand names including Mizuno, Carter’s and Chico’s to deliver merchandise to consumers nationwide in the most cost-efficient way possible. We do so by utilizing the program’s benefits including hard ceilings on Merchandise Processing Fees, features like direct delivery, and duty deferral until merchandise goes from warehouse to storefront.
This last point – duty deferral – allows merchandise to be warehoused indefinitely without any duties being assessed. This allows supply chain experts to ensure the greatest savings and just in time delivery. Businesses that operate in multiple zones across the United States can also move their product from one warehouse to another, as often as needed across the country, while maintaining their duty deferral benefit.
Every year, more than three-quarters of a billion dollars worth of consumer goods moves through businesses working with Georgia Foreign-Trade Zone, and all of it is touched by the financial and supply chain benefits of the U.S. foreign-trade zone program.