[Federal Register: March 8, 1994]
DEPARTMENT OF COMMERCE
Foreign-Trade Zones Board
Foreign-Trade Zone 114; Peoria, IL Application for Subzone
Status; Revere Ware Corporation Plant (Stainless/Aluminum Cookware)
An application has been submitted to the Foreign-Trade Zones Board
(the Board) by the Economic Development Council for the Peoria Area,
grantee of FTZ 114, Peoria, Illinois, requesting special-purpose
subzone status for the stainless steel and aluminum household cookware
manufacturing plant of the Revere Ware Corporation (Revere), located in
Clinton, Illinois. 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 February 15, 1994.
The Revere plant (800,000 sq.ft./48 acres/430 employees) is located
at 1000 South Sherman Street in Clinton (Dewitt County), Illinois, some
55 miles southeast of Peoria. The facility is used to produce household
cookware and bakeware (e.g., pots, pans, bowls). The production process
involves cutting, shaping and coating raw stainless steel and aluminum
with copper or non-stick compounds, polishing, and handle attachment.
Material inputs purchased from abroad include stainless steel coils and
circles and aluminum coils (duty rate range: 3.0%--10.1%), which
represent some 25-50 percent of the finished products' material value.
Zone procedures would exempt Revere from Customs duty payments on
the foreign materials used in export production. On its domestic sales,
Revere would be able to choose the duty rates that apply to finished
cookware (3.4%) for the foreign materials noted above. The application
indicates that the savings from zone procedures would help the company
improve the international competitiveness of the Illinois plant.
In accordance with the Board's regulations, a member of the FTZ
Staff has been appointed examiner to investigate the application and
report to the Board.
Public comment on the application is invited from interested
parties. Submissions (original and three copies) shall be addressed to
the Board's Executive Secretary at the address below. The closing
period for their receipt is May 9, 1994. Rebuttal comments in response
to material submitted during the foregoing period may be submitted
during the subsequent 15-day period (to May 23, 1994).
A copy of the application and the accompanying exhibits will be
available for public inspection at each of the following locations:
Office of the Port Director, U.S. Customs Service, Greater Peoria
Airport, 1900 S. Maxwell Road, Peoria, IL 61607.
Office of the Executive Secretary, Foreign-Trade Zones Board, U.S.
Department of Commerce, room 3716, 14th Street & Constitution Avenue,
NW., Washington, DC 20230.
Dated: February 15, 1994.
John J. Da Ponte, Jr.,
[FR Doc. 94-5185 Filed 3-7-94; 8:45 am]
BILLING CODE: 3510-DS-P