| Foreign -Trade Zones Board | HOME |
| Enforcement and Compliance |
|
last update: September 2002 |
DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Docket 69-96] Foreign-Trade Zone 147--Reading, PA Request for Manufacturing Authority Precision Components Corporation (Inc.) (Nuclear Fuel Containment Vessels)An application has been submitted to the Foreign-Trade Zones Board (the Board) by the Foreign-Trade Zone Corporation of Southeastern Pennsylvania, grantee of FTZ 147, pursuant to Sec. 400.28(a)(2) of the Board's regulations (15 CFR Part 400), requesting authority on behalf of Precision Components Corporation (Inc.) (PCC), to manufacture nuclear fuel containment vessels under zone procedures within FTZ 147. It was formally filed on September 24, 1996.
The PPC plant (400,000 sq.ft. on 12 acres) is located at 500 Lincoln Street within a proposed site of FTZ 147 in the International Trade District of York, in the City of York, Pennsylvania (Docket 3-96, 61 FR 2487, 1-26-96). The PPC plant (448 employees) is used to manufacture nuclear fuel containment vessels (HTSUS# 7309.00.0090, duty rate-1.6%) for the transport and storage of spent radioactive nuclear fuel. Components sourced from abroad (from 28 to 70% of finished product value) include forgings and plates of iron or steel, which are classified under the same HTSUS category as the finished nuclear fuel containment vessels. The application indicates that over 50 percent of the plant's shipments are exported.
Zone procedures would exempt PPC from Customs duty payments on the foreign components used in export production. On its domestic sales, PPC would be able to defer duty payments on the foreign components until the finished vessels are processed for Customs entry, and scrap and waste foreign status material would be exempt from Customs duties. The request indicates that the savings from zone procedures would help improve the plant's international competitiveness.
In accordance with the Board's regulations, a member of the FTZ Staff has been designated 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 December 2, 1996. Rebuttal comments in response to material submitted during the foregoing period may be submitted during the subsequent 15-day period (to December 16, 1996).
A copy of the application and the accompanying exhibits will be available for public inspection at the following location: Office of the Executive Secretary, Foreign-Trade Zones Board, U.S. Department of Commerce, Room 3716, 14th Street & Pennsylvania Avenue, NW., Washington, DC 20230.
Dated: September 25, 1996. John J. Da Ponte, Jr., Executive Secretary. [FR Doc. 96-25244 Filed 10-1-96; 8:45 am]