Huntley area businesses are located within Foreign Trade Zone (FTZ) #176, and therefore have access to all the benefits associated with participating in FTZ programs.  The FTZ program is a partnership between the U.S. government and private sector importers.  Each approved location is a specially designated area and considered to be outside of U.S. Customs territory. For that reason, when cargo arrives in the country for an FTZ operator, it does not immediately clear customs. The cargo receives preferential treatment with duties deferred, reduced or eliminated. In addition, there are supply chain, inventory control and other savings available through the FTZ program.  The U.S. Commercial Service can be helpful in determining how exporting can enhance your business. 

Who can operate a Foreign Trade Zone?  
Any entity can become an activated site or subzone. Most are owned and operated by private businesses through approval and regulation from the federal government.

Will My Company Benefit?
Indicators that your company should consider FTZ include: