Import Administration
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                             DEPARTMENT OF COMMERCE 
                           Foreign-Trades Zones Board 
 
                                [Order No. 382] 
 
                                  53 FR 17739 
 
                                  May 18, 1988 
 
 
Disapproval of Application of the Rhode Island Port Authority for Subzone
Status for Pawtucket Fasteners, Inc., Pawtucket, RI 
 
TEXT: Pursuant to its authority under the Foreign-Trade Zones Act of June 
18, 1934, as amended (19 U.S.C. 81a-81u), and the Foreign-Trade Zones Board
Regulations (15 CFR Part 400), the Foreign-Trade Zones Board (the Board) 
adopts the following order: 
 
   WHEREAS, the Rhode Island Port Authority and Economic Development 
Corporation, Grantee of Foreign-Trade Zone No. 105, has made applications 
(filed October 23, 1985, FTZ Doc. 40-85, 50 FR 46678) to the Board for 
authority to establish a special-purpose subzone at the stainless steel 
fastener manufacturing plant of Pawtucket Fasteners, Inc., In Pawtucket, 
Rhode Island;  
 
   WHEREAS, notice of said application has been given and published, and 
full opportunity has been afforded all interested parties to be heard; and, 
 
   WHEREAS, the Board, having reviewed the proposal in the light of the 
Government's steel policy and the special import relief program on certain
stainless steel mill products, has determined that approval of the proposal
would not be in the public interest because it would tend to encourage 
imports of stainless steel rod and bar and result in a net negative 
economic impact;  
 
   NOW, THEREFORE, the Board hereby orders: 
 
   That the application filed October 23, 1985 (FTZ Doc. 40-85) is 
disapproved.  
 
   Signed at Washington, DC, this 4th day of May, 1988. 
 
 
Joseph A. Spetrini, 
 
Acting Assistant Secretary of Commerce for Import Administration, Chairman,
Committee of Alternates Foreign-Trade Zones Board. 
 
   Attest: John J. Da Ponte, Jr., Executive Secretary.   
[FR Doc. 88-11030 Filed 5-17-88; 8:45 am] 
 
   BILLING CODE 3510-DS-M