DEPARTMENT OF COMMERCE
Foreign-Trade Zones Board
54 FR 7970
February 24, 1989
Foreign-Trade Zone 121, Albany, NY; Request for Manufacturing; Fortitech
Inc. Vitamin Blending
TEXT: The Capital District Regional Planning Commission, grantee of FTZ 121,
Albany, New York, has requested manufacturing approval from the Foreign-
Trade Zones Board to allow the use of zone procedures with in FTZ 121 by
Fortitech Inc., for the blending of ingredients for vitamin products.
Fortitech is planning to blend various ingredients to make Vitamin B12
trituration (dicalcium phosphate trituration and mannitol trituration, HTS
3003.90.00002, duty rate 6%) in bulk form. The bulk products would then be
sold to food/pharmacheutical companies for further processing into retail
products. The only foreign ingredient Fortitech would issue in its blending
operation is B12 cyanocobalamin (HTS 2936.26.00005, duty rate 16.2%) which
accounts for 1 percent of the finished product content, but 88 percent of
its material value. All other ingredients, such as dicalcium phosphate and
mannitol, will be sourced domestically.
Zone procedures would exempt Fortitech from Customs duties on the
cyanocobalamin used in the finished products that are exported. On products
destined for domestic consumption the company would be able to elect the
duty rate applicable to the finished product (6%). The request indicates
that zone procedures will help improve Fortitech's international
Comments on the proposed manufacturing operation are invited in writing
from interested persons and organizations. They should be addressed to the
Board's Executive Secretary at the address below and postmarked before
April 7, 1989.
A copy of the application is available for public inspection at the:
Office of the Executive Secretary,
Foreign-Trade Zones Board,
U.S. Department of Commerce, Room 2835,
14th & Pennsylvania Ave., NW.,
Washington, DC 20230.
Dated: February 21, 1989.
John J. Da Ponte, Jr.,
[FR Doc. 89-4339 Filed 2-23-89; 8:45 am]
BILLING CODE 3510-DS-M