Port Puts Importers and Exporters in the Zone.
 Moving more than 25 million tons of cargo annually, Port Everglades is at the forefront of efficiency when it comes to distributing foreign and domestic goods. That's why importers and exporters consider the Port's Foreign-Trade Zone (FTZ) #25 to be a critical component to their bottom line.
FTZ #25 is the first of its kind and the largest in Florida. Companies that operate within it take advantage of benefits such as:
- Improved cash flow
- Avoidance of duty
- Lower tariff rates
- Reduced insurance costs
- Upgraded quality control
- Elimination of custom clearance delays
From auto parts to cosmetics, businesses of all sizes can implement more effective economical solutions for cargo storage, merchandise manipulation and manufacturing needs.
Business Activities in the Foreign-Trade Zone
- Assemble
- Clean
- Display
- Manipulate
- Mix
- Process
- Relabel
- Repackage
- Repair
- Salvage
- Sample
- Store
- Test
As one of the Western Hemisphere's most accessible deep-water seaports, tourism and trade thrive at Port Everglades. Its strategic positioning makes it the ideal hub for companies conducting business in Central America, South America, the Caribbean, and European countries. Other FTZ #25 highlights include:
- 22.7 acres on site currently activated by U.S. Customs
- Secure, fenced-in and illuminated
- Cost cutting and time-saving computerized inventory control system
- 388,600 square feet (36,102 square meters) of warehousing space with around-the-clock access
- Fast in, fast out routes to major highways, an international airport and direct rail lines
- Non-contiguous sites throughout Broward County
The value of goods moving through Port Everglades' FTZ #25 is anticipated to pass the $285 million mark in 2007. Positively impacting profitability through saving incentives has made FTZ #25 a proven outlet for strong businesses to thrive and small businesses to grow stronger. It also offers the opportunity to:
- Defer, reduce or even eliminate Customs duties on products admitted into the zone
- Save on taxes and improve bottom line results
- Expand in the United States and abroad
- Boost competitiveness domestically and internationally
Port Everglades also operates several FTZ facilities in other Broward County locations. While considered "outside of U.S. Customs territory," duties on products admitted through the zone can still be deferred, reduced or eliminated.
For more details about FTZ #25, contact Carlos Buqueras or Manual Almira at 954-523-3404, or e-mail PortEvergladesCargo@broward.org. |
