One of the key questions for economic development is figuring out how companies decide where to locate job-creating facilities such as headquarters buildings, factories, warehouses and research & development centers. The answer should be simple: companies base their location decisions on business basics such as proximity to suppliers and customers, infrastructure conditions, labor market considerations and access to affordable energy, transportation and educational resources. Clustering can also play a role, especially for companies working in emerging technologies.
The FTPC is directly engaged with the Foreign Trade Zone #214 covering 22 counties in SENC. The FTPC is connected to local and state wide site location experts who maintain a database of buildings and properties within the region. Our county and municipal members will be pleased to work with you and your requirements for building sites or existing properties.
A foreign-trade zone is a designated location in the United States where companies can use special procedures that help encourage U.S. activity and value added – in competition with foreign alternatives – by allowing delayed or reduced duty payments on foreign merchandise, as well as other savings. Click Here to see a video on FTZ #214 in SENC.