Some 20 percent of production will be exported. Zone procedures would exempt ESCO from Customs duty payments on foreign materials used in production for export. On domestic shipments, the company would be able to defer duty on foreign-sourced inputs until formal Customs entry is made. The application indicates that the savings from zone procedures will help improve the international competitiveness of the ESCO plant and will help increase exports. In accordance with the Board's regulations, a member of the FTZ Staff has been designated examiner to investigate the application and report to the Board.
Public comment is invited from interested parties.
The closing period for their receipt is September 23, 1996. John J. Da Ponte, Jr., Executive Secretary.