![]() ![]() ![]() The building at 951 Willowbrook Road has 509 car parking spaces, 239 trailer parking spaces and 179 dock doors, or one dock per 5,751 square feet. In the program, LVEDC is what is considered the grantee, the entity that operates the zones as “public utilities.” Records show LVEDC has set up other sites in the area, including at Prologis Park 33 in Lower Nazareth Township, where BMW has a parts warehouse, and in Lower Macungie Township, where Cooper Tire & Rubber Co. Payment of taxes on foreign merchandise is not required until it enters customs territory for U.S. Customs and Border Protection entry procedures or paying import taxes. That merchandise can be imported into a zone for operations such as storage, assembly and manufacturing without going through U.S. Commerce Department’s International Trade Administration’s website.įoreign-Trade Zones are meant to encourage foreign commerce within the country by allowing delayed or reduced duty payments on foreign merchandise. ![]() “We thought maybe all deals would be on hold during the quarantine, but we’ve seen the majority of the deals in the works going forward, and new interest being expressed for industrial space, some of it for production and some for fulfillment, logistics, distribution.”įor 951 Willowbrook Road, a Foreign-Trade Zone designation is being sought for the more than 70-acre site dubbed Geodis Logistics LLC in public filings on the U.S. “What we have seen is the same, if not increased, interest in the industrial market in the Lehigh Valley, which frankly was a pleasant surprise to us,” he said. ![]()
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