Mercer County invites businesses that import products from international markets to attend a free, informative seminar, The Mercer County Foreign Trade Zone Breakfast, on Thursday, Oct. 13.
According to officials, the seminar, which includes a continental breakfast, will take place from 8 to 10:30 a.m. at the Boathouse at Mercer Lake, 334 South Post Road, Mercer County Park in West Windsor.
The program will feature presentations by Christopher Kemp, a Foreign Trade Zone (FTZ) Board official at the U.S. Department of Commerce, and Mercer County representatives who will offer insight into the benefits and expectations of the FTZ.
In addition, the County recently reduced its FTZ fee schedule, generating further savings for operators and making the FTZ rates the lowest in New Jersey.
“The Mercer County FTZ provides a unique opportunity for Mercer County businesses that import products from overseas to reduce costs and increase profit margins,” said County Executive Brian M. Hughes.
“Considering our significant reduction in overall fees in 2022 now is the time to reap even greater savings under this program.”
Located throughout Mercer County, the Mercer FTZ allows companies to achieve duty deferral, reduction, and/or elimination on products that they purchase overseas.