Import Administration
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                             DEPARTMENT OF COMMERCE 
                           Foreign-Trade Zones Board 
                                [Order No. 383] 
                                  53 FR 16745 
                                  May 11, 1988 
Disapproval of Application of the Little Rock Port Authority for Subzone
Status for Polar Stainless Products, Inc., Searcy, AR 
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 Little Rock Port Authority, on behalf of the State of 
Arkansas, Grantee of Foreign-Trade Zone No. 14, has made application (filed
December 9, 1985, FTZ Doc. 43-85, 50 FR 52350) to the Board for authority 
to establish a special-purpose subzone at the stainless steel sink 
manufacturing plant of Polar Stainless Products, Inc., in Searcy, Arkansas;
   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 low level of imports of the product 
involved, has determined that its approval would not be in the public 
interest because it would tend to encourage the use of foreign steel 
material and result in a net negative economic impact; 
   Now, therefore, the Board hereby orders: 
   That the application filed December 9, 1985 (FTZ Doc. 43-85) is 
   Signed at Washington, DC, this 26th day of April, 1988.  
Joseph A. Spetrini, 
Acting Assistant Secretary of Commerce for Import Administration, Chairman,
Committee of Alternates, Foreign-Trade Zones Board. 
John J. Da Ponte, Jr., 
   Executive Secretary.  
[FR Doc. 88-10524 Filed 5-10-88; 8:45 am] 
   BILLING CODE 3510-05-M