DEPARTMENT OF COMMERCE
Foreign-Trade Zones Board
55 FR 26225
June 27, 1990
Foreign-Trade Zone 151 -- Findlay, OH; Request for Manufacturing Findlex
Automobile/Golf Cart Brake Plant
TEXT: A request has been submitted to the Foreign-Trade Zones Board (the
Board) by the Community Development Foundation, grantee of FTZ 151, on
behalf of Findlex Corporation (subsidiary of Nissin Kogyo of Japan and
Honda of America Manufacturing, Inc.), requesting authority to manufacture
vehicle brakes under zone procedures within FTZ 151, located at the Tall
Timbers Industrial Park, Findlay, Ohio. It was filed on June 14, 1990.
Findlex began assembling brakes for automobiles and golf carts at the
new plant in 1989. Board approval is required before the manufacturing
activity can be conducted under zone procedures. Findlex currently sources
all of its parts and subassemblies from abroad, but plans to begin sourcing
some of its components from domestic suppliers this year. Foreign-sourced
parts include springs, plates, rod and wheel cylinder assemblies, pistons,
boots and seals.
Presently, most finished components are shipped to domestic automobile
and golf cart plants with subzone status. In these situations, Customs
duties would be paid on the foreign items when Customs entry is made after
the production of the vehicles. The duty rates on the foreign material
Findlex uses average 3.1 percent. Under zone procedures, the vehicle
assembler would have the option of choosing the finished vehicle rate
(2.5%), rather than the rate on brakes/components (3.1%). Products will
otherwise be subject to Customs duties upon leaving the Findlex plant, at
the rate for brakes/components (3.1%). The request indicates that zone
savings will help Findlex compete with foreign vehicle parts producers.
The application is being reviewed by the FTZ Staff. Comments on the
request are invited in writing from interested parties. They should be
addressed to the Executive Secretary at the address below and postmarked
on or before August 14, 1990.
Office of the Executive Secretary,
Foreign-Trade Zones Board,
U.S. Department of Commerce, Room 2835,
14th & Pennsylvania Avenue, NW.,
Washington, DC 20230.
Dated: June 20, 1990.
John J. Da Ponte, Jr.,
[FR Doc. 90-14816 Filed 6-26-90; 8:45 am]
BILLING CODE 3510-DS-M