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Vol 1. Issue 1 - FTZ Progress
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 A project update from Greater Cincinnati Foreign Trade Zone, Inc.
www.GCFTZ.com
We are pleased to present the first newsletter of the Greater Cincinnati Foreign Trade Zone (GCFTZ). This quarterly update will focus on providing useful information, updates, and resources for users and advocates of the FTZ program. 

 What is an FTZ?            FTZ Fact Sheet            FTZ FAQ 

Feedback is always appreciated.

GRANTEE NEWS


GCFTZ WELCOMES NEW BOARD MEMBERS

The GCFTZ Board of Directors added three new members in 2017
JEFFREY BENDER
Executive Managing Director
Cushman & Wakefield
T. JAMES MIN II
Vice President
International Trade Law and Global Head of Trade Law Practice Group at Deutsche Post-DHL Legal Department
SHEILA SPRADLIN REICH
Owner & Partner
The XPat Desk

 


GCFTZ.COM A REGIONAL RESOURCE

New website provides program information and cost-savings estimation tool
for prospective users

Key elements of the website include:
  • FTZ estimated savings calculator;
  • Logistical advantages of the Greater Cincinnati /Northern Kentucky region;
  • Benefits of FTZ program participation;
  • News about regional FTZ participants and recent FTZ presentations
Check out the Site Here

 


MANAGEMENT AGREEMENT RENEWED

GCFTZ Board approved 2 year management agreement renewal with the Port Authority 

The GCFTZ board recently renewed its management agreement with the Port of Greater Cincinnati Development Authority, upping it for another two years. “The Port Authority is excited to continue to manage the regional FTZ program,” according to Laura Brunner, Port Authority President & CEO. “As the Port Authority works to expand manufacturing investment in Hamilton County, the regional FTZ program is a compelling benefit.”
Read the Full Release Here

FTZ USER NEWS


FTZB OFFERS WEBINARS ON ANNUAL REPORT PREPARATION

Annual Report information due to Grantee by March 3

As the deadline for submission of operators' annual reports to GCFTZ approaches, the FTZ Board is offering a no-cost webinar for operators on preparing and submitting on OFIS. The webinar will be held on February 15, 2017 at 2:00 ET and will provide time for Q&A. Alternately, the OFIS site offers both PDF and video tutorials on preparing your annual report.
Access OFIS Tutorials for Operators
More info on the February 15 Webinar

FTZ NEWS & EVENTS


REGIONAL FOREIGN DIRECT INVESTMENT SYMPOSIUM

Mark your calendars for March 31, 2017
 

GCFTZ will be a sponsor of the Regional Foreign Direct Investment Symposium (FDI) this March, hosted by the City of Cincinnati Department of Community and Economic Development. The goal of the one-day event is to build an advanced understanding of foreign direct investment and to explore the modes through which foreign capital flows through the region.
Panelists will be from the following:

  • REDI Cincinnati,
  • SelectUSA,
  • Cleveland International Fund,
  • KPMG,
  • World Trade Center of Kentucky,
  • Port of Greater Cincinnati Development Authority,
  • and many more.

According to the City of Cincinnati, developing a foreign direct investment strategy is critical. The City’s strategic FDI initiatives will allow Cincinnati to position itself as a sophisticated market that is able to handle complex financing structures, as well as increase investors’ perceptions of Cincinnati’s investment climate in general.

Registration will be available in the coming weeks on the City's Website

 


NAFTZ RELEASES 2016-2017 ANNUAL REPORT

National Association of Foreign Trade Zones releases report on Growth, Advocacy, and Trends.
Read the Annual Report Here

 

EACC WELCOMES NEW EXECUTIVE DIRECTOR

The European American Chamber of Commerce welcomed Todd Schwartz as its new Executive Director this month. Read the full story here

REDI CINCINNATI TO ATTEND HANOVER MESSE IN 2017

REDI Cincinnati will again promote the region to potential investors at April trade fair in Germany. Read the full story here
 

 

FOR MORE INFORMATION:

Contact Program Director, Melissa Johnson

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Greater Cincinnati Foreign Trade Zone, Inc. · 3 East Fourth Street · Suite 300 · Cincinnati, Oh 45202 · USA

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