MORRISVILLE — The Northeastern Vermont Development Association has officially been granted approval to expand its Foreign Trade Zone service area to include all of Lamoille County. NVDA first received its FTZ designation from the US Department of Commerce in March, 2013.
NVDA has since worked with the Lamoille Economic Development Corporation to make the FTZ program available to a greater number of Vermont businesses.
Businesses and industries within Lamoille, Caledonia, Essex, and Orleans Counties that import foreign goods or components into the region are now eligible to apply for reductions or eliminations in tariffs, duties and custom fees.
NVDA and LEDC are available to meet with businesses interested in the program to discuss FTZ opportunities and benefits.
For more information or to schedule a visit you should contact:
David Snedeker at [email protected]
John Mandeville at [email protected]
