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Ontario County, Crosman seek foreign trade zone OKs

Rochester Business Journal
January 3, 2014

Sen. Charles Schumer is lobbying Friday for quick approval of two foreign trade zone applications in Ontario County, including one for Crosman Corp. to add at least 25 jobs in the next three years.

Schumer, D-N.Y., is slated to be at Crosman Friday afternoon to push for approval of Ontario County’s FTZ application, which will include Livingston, Wayne, Seneca, Steuben and Yates counties, as well as the Crosman application for an FTZ subzone.

Delays in the approvals threaten Crosman’s ability to move forward with plans this year to relocate production and assembly work done in China to Ontario County, Schumer’s office said. The work shift would create a minimum of nine full-time positions at Crosman in 2014, and has the potential to create up to 25 new full-time positions over the next three years if Crosman can increase the number of product lines it in-sources from Asia.

Crosman, located in Bloomfield, produces airguns, riflescopes, sights and archery products.

FTZs are designated sites in the United States, licensed by the FTZ board, where companies can benefit from delayed or reduced customs duties to level the playing field with foreign competitors.

(c) 2014 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.
 






What You're Saying 

Barbara Dodge at 11:05:05 AM on 1/6/2014
couple of thoughts and questions: #1: who is the other applicant? #2: why are rural areas targeted for Foriegn Trade Zone? #3: What level of manufactoring is permitted in these Zones? Why the push for quick approval? Is it industry we want in NYS? hmmm...this article told m...  Read More >

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