Islip Foreign Trade Zone #52

Town of Islip

Why Choose an FTZ

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The Town of Islip Foreign Trade Zone is one of the Island's most valuable resources for companies that engage in international trade. Legally, a foreign trade zone is an area within the United States that is considered outside of U.S. Customs territory. Consequently, you can import certain types of merchandise into an FTZ without going through formal customs entry procedures or paying import duties.

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U.S. Exports Slow as Trade Gap Widens U.S. Exports Slow as Trade Gap Widens The good news in today’s U.S. Census Bureau report on U.S. trade is that American consumers remain confident enough to continue buying not only domestic goods but also foreign cars, clothing, drugs and other consumer goods. The cautionary note in the[…]
The Top Ten Things a 21st Century Exporter Should Know The Top Ten Things a 21st Century Exporter Should Know Earlier this month, we were pleased to see Foreign-Trade Zones mentioned by Ray C. Jones, an international trade attorney at Snell and Wilmer, LLP, in an article detailing various tools and strategies available to U.S. exporters. Published on Lexology, a[…]
Senate Finance Committee Holds Hearing on Customs Reauthorization Senate Finance Committee Holds Hearing on Customs Reauthorization On Wednesday, May 22nd, the Senate Finance Committee held a hearing on Senate Bill 662, the Trade Facilitation and Trade Enforcement Act of 2013. Introduced by Senators Max Baucus (D-MT) and Orrin Hatch (R-UT), this legislation would provide ample funding[…]
President Obama Announces “World Trade Week” President Obama Announces “World Trade Week” Last week, the White House announced that President Obama has proclaimed May 19th – May 25th to be “World Trade Week” in the United States. In an official statement from the White House, the President called upon all Americans to[…]
Imports Work for America Week Imports Work for America Week We are in the midst of “Imports Work for America Week” (May 6-10), a time designated by advocates of trade to focus on the benefits of imports to the U.S. economy, manufacturing, and working families. As a pro-trade association, NAFTZ[…]

What is an FTZ
The US Foreign Trade Zone Program was established in 1934 to promote and encourage international trade. It is intended to give United States based companies increased global competitiveness by eliminating some of the disincentives associated with manufacturing in the United States.

Visit our Welcome Center, Monday-Friday, from 8:30 am - 4:30 pm for a tour (by appointment) of our facilities. Call (631)588-5757 for more information.

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Islip's Foreign Trade Zone #52 offers special economic opportunities for small to medium size companies conducting international trade.

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