As manufacturers and distributors continue to be plagued with growing supply-chain costs and constraints, Foreign Trade Zone #176 is a tool that’s been available in Northern Illinois for more than 30 years to help companies reduce costs, tighten supply-chain timelines, and carry more inventory.
Learn more and register here!
2021 Indicators Show Explosive Growth in Total Shipments and Exports, Continued Growth in Employment In 2021 FTZ #176 included nine activated operators: Economic indicators across all FTZ sites show continued growth across a 5-year period (2016 – 2021): Operators report these zone benefits (edited to remove company identifying information and for clarity): In 2021, cargo […]
Supply chain constraints are impacting our economy, and we see it daily in our homes and businesses. This event will highlight two specific tools to mitigate supply-chain risk, speed-up supply-chain timelines and reduce real costs: Foreign Trade Zone (FTZ) and Reshoring.
Despite the uncertainty throughout the global economy at the beginning of 2020, the year finished strong across many indicators for industrial and distribution sectors.
On October 6th, FTZ #176 held its 2nd Annual Meeting to highlight the FTZ as an important tool for economic development.
When discussing foreign-trade zones (FTZs), the conversation can get really complicated. To quickly highlight the benefits of operating as a foreign trade zone, it is beneficial to first clear up common myths that often cause confusion.
Foreign-Trade Zones will play a key role in the future of our complex global trade environment. Learn about FTZ #176, and hear a keynote presentation from Bob Hess, a founding shareholder in the Site Selectors Guild about the competitiveness of the State of Illinois for foreign direct investment. Who should attend? Manufacturing and distribution companies […]
With a record number of activated foreign-trade zone (FTZ) sites in Northern Illinois, the Greater Rockford Airport Authority and Zethmayr LLC submitted the 2019 annual report on behalf of FTZ #176 to the U.S. Department of Commerce.
Attend the first annual FTZ #176 annual meeting at the Greater Rockford Airport Authority on September 17th. Learn about the Foreign-Trade Zone program and how it can help you reduce cost and mitigate risk for your global supply chain. Click here to register! September 17, 20194:00 – 6:30pmGreater Rockford Airport Authority60 Airport Dr., Rockford IL […]
