Foreign components currently account for 15 percent of material used in production. Zone procedures would exempt CMS from Customs duty payments on foreign components used in production for export. The duty rates on foreign components range from duty-free to 10 percent. The application indicates that zone procedures will improve the plant's international competitiveness 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 June 5, 1995. John J. Da Ponte, Jr., Executive Secretary.