How to Get Started with FTZ #176
The benefits of Foreign Trade Zones (FTZ) are many, from increasing cash flow to improving supply-chain timelines and inventory control. Here’s how you can get started in activating within FTZ #176.
Entries by Carrie Zethmayr
FTZ #176: Our History and our Partners
While FTZ #176 was first established by the Greater Rockford Airport Authority, its growing number of partners now span industries and manufacturing across an 11-county region in northern Illinois.
2022 ANNUAL REPORT SUBMITTED TO NATIONAL FTZ BOARD
2022 Indicators Show Continued Growth in Employment, Shipments and Exports In 2022 FTZ #176 included nine activated operators: Economic indicators across all FTZ sites show continued growth across a 5-year period (2017 – 2022): Operators report these zone benefits (edited to remove company identifying information and for clarity): In 2021 (2022 data is not yet […]
How FTZ #176 Can Save Your Business Time and Money
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.
August 9, 2022 FTZ Operator Celebration
Learn more and register here!
2021 ANNUAL REPORT SUBMITTED TO NATIONAL FTZ BOARD
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 […]
Attend 3rd Annual Meeting – October 6th
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.
FTZ #176 Releases 2020 Annual Report
Despite the uncertainty throughout the global economy at the beginning of 2020, the year finished strong across many indicators for industrial and distribution sectors.
FTZ #176 2020 Annual Meeting Debrief
On October 6th, FTZ #176 held its 2nd Annual Meeting to highlight the FTZ as an important tool for economic development.
Common Myths of the Foreign Trade Zone Program
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.
