News and Events

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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Pratt & Whitney awarded $2.7B contract to support U.S. Air Force

Posted by on Oct 5, 2017 in FTZ News, Georgia News | 0 comments

The U.S. Air Force has awarded Pratt & Whitney a potential five-year, $2.74 billion contract to help sustain F117 engines. These engines power Boeing C-17 Globemaster III aircraft build for military airlift missions. Contract work will occur through September 2022 in Georgia, California, and Oklahoma. Link:...

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Hartsfield-Jackson ranked second in most connected U.S. airports

Posted by on Sep 25, 2017 in FTZ News, Georgia News | 0 comments

Aviation intelligence firm OAG ranked Hartsfield-Jackson as the second-most connected airport in the country and first in the country in terms of number of domestic flights. Link:...

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Pratt & Whitney building $31 million facility with plans for 500 jobs

Posted by on Aug 30, 2017 in FTZ News, Georgia News | 0 comments

Pratt & Whitney’s expansion in Columbus, Georgia now includes a 276,301-square-foot facility for its engine overhaul business. Aside from new automated machinery and equipment upgrades, the project includes a 20,000-square-foot manufacturing facility for a new isothermal forge press, which will make turbine disks and compressors for Pratt & Whitney jet engines. Link:...

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Port of Brunswick another success story for Georgia Ports

Posted by on Aug 3, 2017 in FTZ News, Georgia News | 0 comments

The Port of Brunswick received its six millionth new auto import in August 2017. Because Georgia Ports is the second-busiest auto port in the country, the Georgia Ports Authority has approved $1.4 million for permitting and design of a fourth berth at Colonel’s Island Terminal in Brunswick. The berth will be for roll-on/roll-off cargo, like automobiles. Colonel’s Island already...

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