Item #24
Regular City Council Meeting
Foreign trade zone designation for Brose Tuscaloosa plant in Vance
Brose Tuscaloosa may qualify for federal tariff exemptions and streamlined customs processing if the designation is approved, potentially lowering production costs. The plant employs hundreds in the Vance area.
Counterparty:
The Foreign-Trade Zones Board, U.S. Department of Commerce
Funding source:
Unknown
Action type:
Resolution
Location:
Vance
passed
7–0