Foreign Trade Zones
About Foreign Trade Zones
The Foreign-Trade Zone Program was created by the U.S. government to facilitate international trade and increase the global competitiveness of U.S.-based companies. The program, which has existed since the 1930s, continues to thrive and change to better meet the needs of American companies in the global economy.
An FTZ is an area within the United States, in or near a U.S. Customs port of entry, where foreign and domestic merchandise is considered to be outside the country, or at least, outside of U.S. Customs territory. Certain types of merchandise can be imported into a Zone without going through formal Customs entry procedures or paying import duties. Customs duties and excise taxes are due only at the time of transfer from the FTZ for U.S. consumption. If the merchandise never enters U.S. commerce, then no duties or taxes are paid on those items.
Foreign Trade Zone Benefits
-
Deferral, reduction, and possible elimination of duties.
-
Tighter inventory control that may virtually
-
eliminate year-end inventory loss adjustments.
-
Potential direct delivery benefit reduces long
-
hold times at crowded ports of entry.
Foreign Trade Zone Report
This report on the 2017 Foreign-Trade Zones Board Annual Report to the United States Congress was compiled by Port Manager/Foreign Trade Zone Lisa Braud of the Port of South Louisiana and delivered to the PAL membership at its March 7, 2019 Board Meeting by Port of South Louisiana Deputy Director Roy Quezaire.
There were 191 FTZs active during the year, with a total of 329 active production operations. More than 450,000 persons were employed at some 3,200 firms that used FTZs during 2017. Louisiana has seven grantees in the state with 92% of the product in all zones being oil/petroleum with the next highest being other metals/minerals at 5%.
Based on the recently-released Annual report of the FTZ Board, Louisiana ranked 2nd and 3rd in merchandise received and exports in all FTZ activity.
Warehouse/Distribution category
-
Merchandise received- Louisiana is ranked 3rd
-
Exports – Louisiana is ranked 14th
Individually, with the Top 25 Zones
-
Zone 124 – Port of South Louisiana ranked 1st in the warehouse/distribution category merchandise received category
-
Zone 2 – Port of New Orleans ranked 17th in the warehouse/distribution activity – exports category
Production Activity
-
Merchandise received – Louisiana is ranked 2nd
-
Exports – Louisiana is ranked 2nd
Production Operations – Top 25
-
Merchandise received- Exxon (Baton Rouge) ranked 1st, Marathon (Garyville) ranked 3rd and Citgo (Lake Charles) ranked 14th.
-
Exports- Marathon (Garyville) ranked 3rd, Valero (Norco) ranked 4th, Exxon (Baton Rouge) ranked 9th and Phillips 66 (Lake Charles) ranked 25th
Louisiana Federal Trade Zones
Grantee:
Board of Commissioners of the Port of New Orleans
1350 Port of New Orleans Place,
New Orleans, LA 70130
Contact:
Chris Bonura
504-528-3322
Fax: 504-528-3490
Grantee:
Lake Charles Harbor & Terminal District
P.O. Box 3753
Lake Charles, LA 70601
Contact:
Sharon Edwards
337-493-3504
Fax 318-4933512
-
87A Phillips 66 Company
-
87B Citgo Petroleum Corp.
-
87C Halliburton Energy Services, Inc.
FTZ No. 2
New Orleans
Sub-Zone
-
2C Huntington Ingalls Industries
-
2D Huntington Ingalls Industries
-
2E Huntington Ingalls Industries
-
2F Huntington Ingalls Industries
-
2G Trinity Yachts Inc.
-
2H Chalmette Refining LLC
-
2I Phillips 66 Company
-
2J Valero Refining-Meraux LLC
-
2K Halliburton Energy Services, Inc.
FTZ No. 87
Lake Charles
Sub-Zone
FTZ No. 145
Shreveport
Grantee:
Caddo-Bossier Parishes Port Commission
P.O. Box 52071
Shreveport, LA 71135-2071
Contact:
Zazell Dudley
318-524-2272
Fax: 318-524-2273
Sub-Zone
-
145A Avaya, Inc.
FTZ No. 279
Terrebonne Parish
Grantee:
Houma-Terrebonne Airport Commission
10264 East Main St.
Houma, Louisiana 70363
Contact:
David Slayter
985-872-4646
Fax: 985-876-4115
ds@houma-airport.com
Sub-Zone
-
124A Valero Refining - New Orleans LLC
-
124B North American Shipbuilding
-
124D LOOP LLC/LOCAP LLC
-
124E Marathon Ashland Petroleum LLC
-
124F Shell Oil Products US
-
124G Halter Marine
-
124H Bollinger Shipyards, Inc.
-
124K M-I, LLC
-
124M Baker Hughes, Inc.
-
124O Halliburton Energy Services, Inc.
-
124S Kongsberg Maritime, Inc.
-
124T Offshore Energy Services, Inc.
-
124U Frank's International, LLC
-
124V Seadrill Americas, Inc.
FTZ No. 124
Gramercy
Grantee:
Port of South Louisiana
P.O. Box AE
1720 LA Highway 44
Reserve, Louisiana 70084
Contact:
Ted Knight
985-652-9278
tknight@portsl.com
FTZ No. 261
Alexandria
Grantee:
England Economic & Industrial Development District
England Airpark
1611 Arnold Dr.
Alexandria, LA 71303
Contact:
Jon Grafton
318-427-6407
Fax: 318-792-6063
JGrafton@englandairpark.org
FTZ No. 154
Baton Rouge
Grantee:
Greater Baton Rouge Port Commission
P.O. Box 380
Port Allen, LA
70767-0380
Contact:
Karen St. Cyr
225-342-1660
Fax: 225-342-1666
Sub-Zone
FTZ No. 154
Baton Rouge
Grantee:
Greater Baton Rouge Port Commission
P.O. Box 380
Port Allen, LA
70767-0380
Contact:
Karen St. Cyr
225-342-1660
Fax: 225-342-1666
Sub-Zone
-
154A EXXON Mobil