Reorganization of Foreign-Trade Zone 262 Under Alternative Site Framework; Southaven, Mississippi

• Published date: 09 April 2020
• Citation: 85 FR 19922
• Record Number: 2020-07503
• Section: Notices
• Court: Commerce Department,Foreign-trade Zones Board

Federal Register, Volume 85 Issue 69 (Thursday, April 9, 2020)

[Federal Register Volume 85, Number 69 (Thursday, April 9, 2020)]
                [Notices]
                [Page 19922]
                From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
                [FR Doc No: 2020-07503]
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                DEPARTMENT OF COMMERCE
                Foreign-Trade Zones Board
                [Order No. 2095]
                Reorganization of Foreign-Trade Zone 262 Under Alternative Site
                Framework; Southaven, Mississippi
                 Pursuant to its authority under the Foreign-Trade Zones Act of June
                18, 1934, as amended (19 U.S.C. 81a-81u), the Foreign-Trade Zones Board
                (the Board) adopts the following Order:
                 Whereas, the Foreign-Trade Zones (FTZ) Act provides for ``. . . the
                establishment . . . of foreign-trade zones in ports of entry of the
                United States, to expedite and encourage foreign commerce, and for
                other purposes,'' and authorizes the Board to grant to qualified
                corporations the privilege of establishing foreign-trade zones in or
                adjacent to U.S. Customs and Border Protection ports of entry;
                 Whereas, the Board adopted the alternative site framework (ASF) (15
                CFR Sec. 400.2(c)) as an option for the establishment or reorganization
                of zones;
                 Whereas, the Northern Mississippi FTZ, Inc., grantee of Foreign-
                Trade Zone 262, submitted an application to the Board (FTZ Docket B-58-
                2019, docketed September 19, 2019) for authority to reorganize under
                the ASF with a service area of DeSoto County, Mississippi, in and
                adjacent to the Memphis Customs and Border Protection port of entry,
                and FTZ 262's existing Site 1 would be categorized as a magnet site;
                 Whereas, notice inviting public comment was given in the Federal
                Register (84 FR 50374, September 25, 2019) and the application has been
                processed pursuant to the FTZ Act and the Board's regulations; and,
                 Whereas, the Board adopts the findings and recommendations of the
                examiner's report, and finds that the requirements of the FTZ Act and
                the Board's regulations are satisfied;
                 Now, therefore, the Board hereby orders:
                 The application to reorganize FTZ 262 under the ASF is approved,
                subject to the FTZ Act and the Board's regulations, including Section
                400.13, to the Board's standard 2,000-acre activation limit for the
                zone, and to an ASF sunset provision for magnet sites that would
                terminate authority for Site 1 if not activated within five years from
                the month of approval.
                 Dated: April 6, 2020.
                Jeffrey I. Kessler,
                Assistant Secretary for Enforcement and Compliance, Alternate Chairman,
                Foreign-Trade Zones Board.
                [FR Doc. 2020-07503 Filed 4-8-20; 8:45 am]
                 BILLING CODE 3510-DS-P