News and Events

Gerald McDowell Appointed to Georgia Foreign-Trade Zone Board of Directors

Posted by on Mar 14, 2018 in FTZ News | 0 comments

ATLANTA, March 14, 2017 – Gerald McDowell, Executive Director of the Aerotropolis Atlanta Community Improvement Districts (CIDs), was introduced today as a member of the Georgia Foreign-Trade Zone’s Board of Directors at their quarterly meeting. McDowell was selected to serve as representative of the Georgia Chamber of Commerce by its President and CEO, Chris Clark. Board Chairman Brian McGowan,...

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Hartsfield-Jackson World’s Busiest Airport for 20th Straight Year

Posted by on Jan 30, 2018 in FTZ News, Georgia News | 0 comments

For the third straight year, Hartsfield-Jackson Atlanta International Airport served more than 100 million passengers. Trade group Airports International is expected to confirm Hartsfield-Jackson as the world’s busiest in 2017. “Hartsfield-Jackson successfully combines efficiency and passenger volume in a way that ensures ATL retains its position as the aviation industry’s leader,” Atlanta Mayor Keisha Lance Bottoms said. “That worldwide...

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Groundbreaking Set for Georgia Port’s Mason Mega-Rail Project

Posted by on Jan 23, 2018 in FTZ News, Georgia News | 0 comments

The Georgia Port’s authority announced a $5.8 million budget increase to incorporate American-made parts for the port’s Mason Mega Rail project. The project will connect two rail yards to the Garden City Terminal. At its completion, the mega rail project will double on-dock rail capacity and open service to inland markets, including Chicago. Link:...

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Georgia Ports Authority Posts Record TEUs in 2017

Posted by on Jan 23, 2018 in FTZ News, Georgia News | 0 comments

The Port of Savannah – the single largest container terminal in North America – posted a record annual volume of over 4 million 20-foot equivalent units (TEUs) in 2017, an 11 percent increase from the year before. Total trade also increased by 12 percent to a record 35 million tons. “This is the first time we’ve handled more than...

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KPMG Trade & Customs Experts: FTZs Offer Stability in ‘Uncertain’ Environment

Posted by on Dec 19, 2017 in FTZ News | 0 comments

Members of the Trade & Customs practice of KPMG LLP argue in favor of FTZs, which “provide stability by offering importers the ability to maintain inventory or manufacturing inputs in a bonded area, prior to the formal entry of merchandise with U.S. Customs and Border Protection and payment of customs duties and fees.” The authors believe that turnkey FTZ...

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Site Selection Names Georgia FTZ a Top Foreign-Trade Zone with Annual Award

Posted by on Oct 30, 2017 in FTZ News, Georgia News, Logistics News, Trade News | 0 comments

ATLANTA, October 30, 2017 – Georgia Foreign-Trade Zone (GFTZ) announced today that it has been awarded the “Top Free Zones Award” for 2017 and named one of the top foreign-trade zones in the U.S. and Canada by Site Selection, an economic development trade magazine. “Business executives are recognizing the value of lower trade barriers, reduced operating costs, and shortened...

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Yamaha supports SEAL group with Viking donation

Posted by on Oct 25, 2017 in FTZ News, Trade News | 0 comments

Yamaha Motor Corp. USA donated an ATV, the Viking VI Special Edition, to a charity auction benefiting Navy SEAL family members. The Viking VI SE raised $17,000 at the event, and it is the fourth time Yamaha has donated to the SEAL-NSW Family Foundation, who run the auction. “Yamaha is honored to continue its support of the SEAL-NSW Family...

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Auto shipping capacity increased by half in Brunswick, on track to lead nation

Posted by on Oct 19, 2017 in FTZ News, Georgia News | 0 comments

The Georgia Ports Authority director Griff Lynch says the Colonels Island terminal at the Brunswick port increased its auto import capacity by 50 percent this past year. Companies can now move 800,000 cars per day. “Since last year, we’ve been implementing an aggressive growth plan, enabling GPA [Georgia Ports Authority] and our auto processing partners to win new customers...

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New distribution hubs coming to Savannah as part of ports boom

Posted by on Oct 12, 2017 in FTZ News, Georgia News | 0 comments

Because of a record breaking year for cargo at Georgia ports this past fiscal year, the Savannah region is expecting hundreds of new logistics jobs to accompany new private investments. Noble House, a furniture retailer, and home accessories seller Best Choice are each planning new East Coast distribution hubs near the Savannah port. “As our state’s gateways to global...

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Pratt & Whitney adding 500 jobs with $386 million expansion of Columbus plant

Posted by on Oct 6, 2017 in FTZ News, Georgia News | 0 comments

Pratt & Whitney currently employs more than 1,200 associates at its Columbus facility. The newly created jobs will include positions in administration, supervisory and technical support, production, and maintenance. “With today’s announcement of new investment of $386 million and 500 new employees, Pratt & Whitney builds on its role as one of our region’s largest and most important companies...

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