U.S. Foreign-Trade Zones Help Georgia Attract Foreign Investment – Journal of Commerce

U.S. Foreign-Trade Zones Help Georgia Attract Foreign Investment

The Journal of Commerce, September 2, 2013

Julie Brown, President & CEO, Georgia Foreign-Trade Zone, Inc.

The U.S. Foreign-Trade Zones program offers a hospitable and profitable environment for global companies looking to invest in my home state of Georgia and throughout the United States.

…For all those reasons, word is definitely spreading among Georgia’s international business community that the FTZ program makes a lot of sense. Over the last five years, the number of companies in Georgia using the program doubled, ranking the Atlanta-based FTZ no. 26 among the top 10 zones in the country for merchandise received and for exports from zone sites.  In fact, exports from these FTZ sites more than doubled in the last year, totaling more than $1 billion.

International businesses operating within FTZ no. 26 include Yamaha, Makita, Sanofi, Ricoh, Perkins, Suzuki, Bosch, Unipart, and SKAPS. These global companies are producing and distributing goods ranging from pharmaceuticals to recreational vehicles to apparel, resulting in significant and continued investment in Georgia.  FTZ procedures enhance and improve several aspects of the global supply chains managed by these companies, creating an even more appealing business environment in Georgia.

The full article is available here:

US FTZs Help Georgia Attract Investment_JOC_Sept 2013