Title

"Focus on Lewiston-Auburn" piece by Paul Badeau, marketing director of the Lewis

Authors

Paul Badeau

Source

Mainebiz

Date

11-8-2004

Pages

36

Abstract

"Focus on Lewiston-Auburn" piece by Paul Badeau, marketing director of the Lewiston-Auburn Growth Council. The U.S. Department of Commerce recently gave the council approval to establish Foreign Trade Zone #263 in Auburn. FTZs are considered outside the territory of U.S. Customs, so raw materials or merchandise can be imported into a zone without import duties or with deferred duties. This enhances L-A's status as a transportation and logistics hub and benefits companies within a 60-mile radius of the FTZ, who pay an annual fee to the grantee. Nearly half of Maine's population is located within 30 miles of L-A, and Auburn is the largest inland port in the Northeast.

Subjects

Auburn, Free ports and zones, Lewiston

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