DEPARTMENT OF COMMERCE
Foreign-Trade Zones Board
Foreign-Trade Zone 20--Suffolk, VA; Application for Subzone; Newport News
Shipbuilding & Drydock Co. Shipyard, Newport News, VA
Monday, July 20, 1992
An application has been submitted to the Foreign-Trade Zones Board (the
Board) by the Virginia Port Authority, grantee of FTZ 20, requesting
special-purpose subzone status for the Newport News Shipbuilding and Drydock
Company (NNS) shipyard, located in Newport News, Virginia. The application
was submitted pursuant to the provisions of the Foreign-Trade Zones Act, as
amended (19 U.S.C. 81a-81u), and the regulations of the board (15 CFR Part
400). It was formally filed on July 8, 1992.
The shipyard (473 acres/25,000 employees) is located at 4101 Washington
Avenue, Newport News, Virginia, within the Norfolk/Newport News Customs
port of entry. The facility is used for the construction on repair of
commercial, military and research vessels. The shipyard produces both
conventional and nuclear-powered surface/submersible vessels and certain
industrial products, such as offshore oil platforms. Up to 20 percent of
the components of the vessels are purchased from foreign sources, including
diesel engines, cargo pumps, generators, engine control systems, FO/LO
filter modules/purifiers, hydraulic power racks, communication equipment,
and thermal oil.
Zone procedures will help NNS reduce production costs on its current orders
and compete internationally for new commercial and military contracts. Most
of the foreign-origin components are subject to Customs duties (duty rate
range: 2.0 to 4.9 percent), while the finished products, as oceangoing
vessels, are duty free.
In accordance with the Board's regulations (as revised, 56 FR 50790-50808,
10- 8-91), a member of the FTZ Staff has been designated examiner to
investigate the application and report to the Board.
Public comment on the application is invited from interested parties.
Submissions (original and 3 copies) shall be addressed to the Board's
Executive Secretary at the address below. The closing period for their
receipt is September 18, 1992. Rebuttal comments in response to material
submitted during the foregoing period may be submitted during the
subsequent 15-day period to October 5, 1992.
A copy of the application and accompanying exhibits will be available for
public inspection at each of the following locations:
Office of the Port Director,
U.S. Customs Service,
Port of Newport News,
25th and Warwick Blvd.,
Newport News, VA 23607
Office of the Executive Secretary,
Foreign-Trade Zones Board,
U.S. Department of Commerce, room 3716,
14th Street and Constitution Avenue NW.,
Washington, DC 20230.
Dated: July 13, 1992.
John J. Da Ponte, Jr.,
(FR Doc. 92-17039 Filed 7-17-92; 8:45 am)