The Mississippi Coast Foreign Trade Zone (FTZ) is 5,000 acres of secured sites at airports, ports, and industrial parks located within the Mississippi Counties of Jackson, Hancock, and Harrison. These Mississippi Gulf Coast counties lie along the north central Gulf of Mexico in the multi-modal transportation center of the state. All governmental agencies necessary to accommodate uncomplicated importation and exportation of products are readily available to each site within the Mississippi Coast Foreign Trade Zone.
Goods in process within the FTZ are considered to be outside of U.S. Customs territory. Therefore, foreign or domestic merchandise coming into the FTZ is generally considered part of international commerce and not officially entered into U.S. Commerce. Usual duties charged on goods may be:
- DEFERRED until all or part of the shipment is entered for U.S. consumption;
- REDUCED when processing in the FTZ changes the tariff classification;
- AVOIDED when goods are re-exported from the zone, and/or;
- ELIMINATED on items that become damaged or obsolete while in the FTZ.
In addition, the Mississippi Coast Foreign Trade Zone has assisted companies in securing special purpose manufacturing subzones in the three county area. This assistance has provided these companies with FTZ advantages although the physical facilities are some distance from the port of entry and FTZ property.
Merchandise entering the FTZ may be:
World-class Deep Water Ports
The Ports of Pascagoula, Gulfport, and Bienville are located on the north central Gulf of Mexico with direct access to the Intracoastal Waterway, railways, Interstate and four-lane U.S. Highways.
Available Warehouse Space
Abundant warehouse storage space is available at each port and at various industrial sites.
Fully Developed Industrial Park Property
Several hundred acres of property, located on navigable waterways and at all three international airports, with areas designated for heavy manufacturing, light industry, or technology businesses, are available within the FTZ.
Direct Connection To Worldwide Air Shipments
Trent Lott International Airport, The Gulfport-Biloxi International Airport, and Stennis International Airport all lie within the FTZ and provide world-class facilities for international air transportation.
Access To Interstate And Multi-lane Highway System
The area is served by Interstates 10 & 59, U.S. Highway 49, State Highways 57 & 63, and numerous other interconnecting routes which allow products to reach major U.S. markets expediently.
Water, electricity, telephone, natural gas, and waste disposal are available on sites within the FTZ.
Location In Mississippi's Fastest Growing Region
The Mississippi Gulf Coast is home to over 4,700 businesses and over 400,000 residents. You should consider using an FTZ:
…when imported products are subject to import quotas.
…when imported goods are brought into the U.S. in dutiable containers and are to be sorted, repackaged, relabeled, or upgraded to meet company or entry requirements.
…when the cost of shipping is increasing faster than inventory turnover will profitably accommodate.
…when goods can be imported at a manufacturer's discount several months prior to sale.
…when subassembly, assembly, or manufacturing, using wholly or partly imported materials, is undertaken for sale in U.S. or foreign markets.
… when processing merchandise can result in duty or transportation savings from weight reduction or lower duty rates.
…when import shipments can be made in quantity to lower costs, then the products are inspected, repaired, or repackaged and then entered into Customs territory in smaller quantities.
…when imported merchandise is to be stored and exhibited for later sale in order to take advantage of seasonal or unique markets.
…when the duration of storage is uncertain or prolonged and/or when the ultimate destination is uncertain.
The Mississippi ports of Pascagoula and Gulfport signed agreements in Cuba on Monday with an eye to future business and with a Republican U.S. senator from the state
Ingalls Shipbuilding and VT Halter Marine of Pascagoula were among five companies that were awarded firm, fixed-price contracts from the U.S. Coast
Call Toll-Free: (800) 362-0103 • Fax: (228) 762-8431 • Email: P.O. Drawer 1558, Pascagoula, MS 39568-1558
©2015, Jackson County Economic Development Foundation, Inc.