Duty-free imports will now be available to businesses at the former Brunswick Naval Air Station with its approval as a Foreign Trade Zone.
A press release from Maine’s congressional delegation Tuesday announced the designation by the U.S. Department of Commerce’s Foreign Trade Zones Board. The Free Trade Zone port of entry in Brunswick will be targeted to manufacturers and businesses that process imported raw materials, which can defer payment of duties on items until they are shipped out of the Free Trade zone for sale in the United States.
Currently, Bangor, Madawaska, Belfast, Auburn and Portland are also designated as Free Trade Zone ports of entry.
In July 2010, Maine’s delegation supported an application for Free Trade Zone designation for Brunswick Landing, the new name of the former base property. A support letter stated that the designation would allow base redevelopment officials to attract businesses in sectors such as composites manufacturing and aviation manufacturing, “that often purchase goods and raw materials from outside of the United States.”
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