Updates from the Greater Cincinnati Foreign Trade Zones

Vol 6. Issue 2 - FTZ Progress

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An update from the Foreign Trade Zones of Greater Cincinnati and Northern Kentucky
www.GCFTZ.com

U.S. International Trade Commission Conducts Public Hearing Regarding North American Foreign Trade Zone Practices

On May 17, 2022, the U.S International Trade Commission (“USITC”) convened a public fact-finding hearing, looking into the effects of Foreign Trade Zones and similar programs in Canada and Mexico on operators.

LEARN MORE ABOUT THE BENEFITS AND CHALLENGES FACED BY FTZ OPERATORS

REDI Cincinnati Moderates Panel on FTZs at May Board of Directors Meeting

GCFTZ Board members Samantha Wagner and Michele Blair recently represented
FTZ 46 & 47 on a panel at REDI Cincinnati's May Board of Directors Meeting. The panel was moderated by REDI Cincinnati's Danielle Losos. Watch the full panel to learn more about FTZs and their benefits.

WATCH THE PANEL TO SEE HOW AN FTZ COULD BENEFIT YOU

Get to know your FTZ 46+47 team

Director of Public Finance and Compliance,
Greg Hahn

Greg Hahn serves as the Director of Public Finance and Compliance for The Port and its managed entities, including the Greater Cincinnati Foreign Trade Zone, the federal grantee of Zones 46 & 47 in Cincinnati and Northern Kentucky. He executes this work under a management contract the grantee has with The Port. As Director of Public Finance and Compliance, Greg works on contracts and compliance for FTZ Operators in the region.

Updates & News

Updates, news, and resources for companies involved in international trade

NAFTZ - Coming up: 2022 Annual NAFTZ Conference from September 11-14
New York Post - US companies sweat out labor talks ahead of possible supply-chain crisis
Foreign Policy - Why This Global Economic Crisis Is Different
National Law Review: Transatlantic Trade | US and Europe
Forbes: Freight Wait: Congress Can’t Fix Supply Chains By Tying Down The Shipping Business
Economist: How supply-chain turmoil is remaking the car industry

If you import more than $3 million of products a year, an FTZ could be a good fit.

As an economic development program, a Foreign Trade Zone uniquely helps regional businesses compete in a global marketplace by expediting trade and encouraging business in the U.S. that might otherwise be conducted abroad. The Foreign-Trade Zones of Greater Cincinnati and Northern Kentucky are a resource available to all regional qualifying companies that can gain real benefits from the cost savings and efficiencies provided by an FTZ.

If you are a local economic development organization, this newsletter is a resource to help you present FTZ information to prospective companies as part of a relocation package.

What is an FTZ? FTZ Fact Sheet FTZ FAQ

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Greater Cincinnati Foreign Trade Zone, Inc. · 3 East Fourth Street · Suite 300 · Cincinnati, Oh 45202 · USA