Newark FTZ Applies for Expansion, Streamlined Subzone Procedures

The Port Authority of New York and New Jersey submitted an application to the Foreign-Trade Zones Board to reorganize FTZ 49 under the Alternative Site Framework, and expand the zone to cover the entire area in Northern New Jersey that lies within its port district. Under the reorganization, the zone's service area would cover all of Hudson County, as well as parts of Bergen, Essex, Passaic, Union, Middlesex, Monmouth, Morris and Somerset Counties, New Jersey. The proposed reorganization under the Alternative Site Framework would streamline processes for the designation of new FTZ subzones and usage driven sites within that service area by allowing companies to request zone status through the relatively simple "minor boundary modification" process. Comments on the application are due by Oct. 17.