FTZ supports strong manufacturing sector in Greater Cincinnati and Northern Kentucky
Foreign Trade Zones stimulate economic growth and development in the United States.
With exceptional manufacturing capabilities, great market access, and abundant transportation resources, Greater Cincinnati and Northern Kentucky represent a hub of manufacturing innovation and excellence.
The region’s Foreign Trade Zone status is a boon for manufacturing, creating significant savings to manufacturers from tariff reduction, administrative efficiencies, tax benefits, and duty deferral. FTZs can remove certain disadvantages associated with manufacturing in the United States. For example, the duty on a product manufactured abroad and imported in the United States is assessed on the finished product, rather than on its individual parts, materials, or components.