NEWS & MEDIA

Southeastern SBDC to host seminar on foreign trade zones


Tuesday, January 20, 2015
by: Tonya Lowentritt

HAMMOND -- The Louisiana Small Business Development Center (LSBDC) at Southeastern Louisiana University is hosting a free lunch seminar in Hammond on foreign trade zones on Wednesday, Feb. 4, from 12 to 1 p.m.

Co-sponsored by Tangipahoa Economic Development, the seminar "Realizing the Benefits of a Foreign Trade Zone for Your Organization," will take place at the Southeast Louisiana Business Center, located at 1514 Martens Drive. Doors will open for networking at 11:30 a.m., and a light lunch will be provided.

"For the second consecutive year, data on foreign-trade zone (FTZ) activity in the United States has shown FTZ imports and exports surging to new levels," said Sandy Summers, assistant director of the Southeastern SBDC. "U.S.-based companies are seeking and receiving FTZ benefits under new, streamlined application procedures. By taking advantage of the new procedures, companies of all sizes have gained access to important benefits such as deferral, reduction and elimination of duties; cash flow savings, direct delivery, and reduced merchandise processing fees."

Summers said the seminar will demonstrate how combining the benefits of a Foreign Trade Zone and the transportation advantages available along the banks of the Mississippi River can benefit an organization.

Speaker for the lunch is Bo Ethridge, CPE - Port of New Orleans, real estate and business development manager and director of the Foreign Trade Zone.

Since seating and lunch are guaranteed only to registered attendees, pre-registration is suggested.

For more information or to register, contact Louisiana SBDC at Southeastern at 985-549-3831 or at lsbdc.slu@lsbdc.org.




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