Granville County Economic Development Director Harry Mills has been appointed to the Rates, Tariff, and Legal Review Board for the Research Triangle Area Foreign Trade Zone #93. Mills will serve a three-year term, beginning Jan. 1, 2022, along with eleven others representing Granville, Chatham, Durham, Harnett, Johnston, Lee, Moore, Orange, Person, Sampson, Vance, Wake, Warren and Wilson counties, according to a statement from Granville County’s public information officer Terry Hobgood.
The Foreign Trade Zone #93 Board’s job is to review and recommend applications for zone status; adopting a zone schedule including rates, rules and regulations; and ensuring the Grantee operates the zone as a public utility.
Triangle J Council of Governments is the grantee of the Research Triangle Area’s full-service, multi-site Foreign Trade Zone #93, which allows companies importing and exporting products to reduce or delay custom duties or taxes on products received within the zone. All zone activities must result in public benefit and a net positive economic effect. Triangle J Council of Governments views the Foreign Trade Zone as a benefit to member organizations through its ability to stimulate international trade in the region, create jobs engaged in international trade, and encourage job creation in the larger market.
Granville County is the home of two companies conducting operations as approved sites in Foreign Trade Zone #93: one is Revlon Consumer Products in Oxford, and the second is AW North Carolina in Butner.
To learn more, visit https://www.tjcog.org/focus-areas-community-economic-development/foreign-trade-zone .
