Foreign Trade Zone 8

E572705

Foreign Trade Zone 8 is a designated customs area associated with the Port of Toledo that allows businesses to import, store, and process goods with reduced or deferred duties to promote international trade and economic development.

All labels observed (2)

Label Occurrences
Foreign Trade Zone 8 canonical 1
Foreign Trade Zone No. 8 1

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf Customs zone
Economic development tool
Foreign-trade zone
associatedWith Port of Toledo
benefit Duty deferral
Duty elimination on re-exports
Duty reduction
Improved cash flow for users
Inventory control advantages
Reduced customs-related costs
country United States
economicRole Supports distribution activities
Supports logistics operations
Supports manufacturing operations
Supports warehousing activities
function Allow import of goods with deferred customs duties
Allow processing and manufacturing of goods in zone
Allow re-export of goods without U.S. duty payment
Allow storage of imported goods under customs control
goal Attract foreign and domestic investment
Increase cargo volumes through Port of Toledo
Strengthen regional supply chains
hasAlternativeName FTZ 8
Foreign Trade Zone No. 8
linkedInfrastructure Port of Toledo marine terminals
linked to: Port of Toledo

Regional highway network
Regional rail network
locatedIn Lucas County, Ohio
State of Ohio
linked to: Ohio

Toledo, Ohio
linked to: Toledo

United States
purpose Encourage local job creation
Enhance competitiveness of local businesses
Promote international trade
Support regional economic development
regulatoryAuthority U.S. Customs and Border Protection
U.S. Foreign-Trade Zones Board
regulatoryFramework U.S. Foreign-Trade Zones Act
sector International trade
Logistics
Manufacturing
Warehousing
serves Exporters
Importers
Logistics companies
Manufacturers

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Port of Toledo hasPart Foreign Trade Zone 8
Foreign Trade Zone 8 hasAlternativeName Foreign Trade Zone No. 8
linked to: Foreign Trade Zone 8