DEPARTMENT OF COMMERCE
Foreign-Trade Zones Board
[Order No. 383]
53 FR 16745
May 11, 1988
Disapproval of Application of the Little Rock Port Authority for Subzone
Status for Polar Stainless Products, Inc., Searcy, AR
TEXT: Pursuant to its authority under the Foreign-Trade Zones Act of June
18, 1934, as amended (19 U.S.C. 81a-81u), and the Foreign-Trade Zones Board
Regulations (15 CFR Part 400), the Foreign-Trade Zones Board (the Board)
adopts the following order:
Whereas, the Little Rock Port Authority, on behalf of the State of
Arkansas, Grantee of Foreign-Trade Zone No. 14, has made application (filed
December 9, 1985, FTZ Doc. 43-85, 50 FR 52350) to the Board for authority
to establish a special-purpose subzone at the stainless steel sink
manufacturing plant of Polar Stainless Products, Inc., in Searcy, Arkansas;
Whereas, notice of said application has been given and published, and
full opportunity has been afforded all interested parties to be heard; and
Whereas, the Board, having reviewed the proposal in the light of the
Government's steel policy and the low level of imports of the product
involved, has determined that its approval would not be in the public
interest because it would tend to encourage the use of foreign steel
material and result in a net negative economic impact;
Now, therefore, the Board hereby orders:
That the application filed December 9, 1985 (FTZ Doc. 43-85) is
disapproved.
Signed at Washington, DC, this 26th day of April, 1988.
Joseph A. Spetrini,
Acting Assistant Secretary of Commerce for Enforcement and Compliance, Chairman,
Committee of Alternates, Foreign-Trade Zones Board.
Attest:
John J. Da Ponte, Jr.,
Executive Secretary.
[FR Doc. 88-10524 Filed 5-10-88; 8:45 am]
BILLING CODE 3510-05-M