The U.S. Foreign-Trade Zone (FTZ) program is a unique global supply chain management tool that assists U.S. companies engaged in international trade by offering significant, ongoing cost savings to help them compete in the global marketplace.
NEOTEC is grantee of Foreign-Trade Zone 181 in Northeast Ohio, one of the largest and most successful of more than 250 zones in the U.S.
FTZ 181 is just one more of the many business advantages available for companies locating in Northeast Ohio.
FTZ 181 FACTS:
- FTZ 181 covers more than 5,600 acres and includes 27 sites in 8 counties throughout the NEOTEC region
- FTZ 181 sites are linked to a world-class multimodal logistics system to ensure the efficient movement of goods
- FTZ 181 is nationally recognized as a “best practice” in foreign-trade zone development and management.
- Since 2001, FTZ 181 has been a major factor in attracting more than $300 million in capital investment and the creation/retention of more than 3,000 jobs in Northeast Ohio.
