FTZB Approves Reorganization, Expansion for Zone in Charlotte

The Foreign-Trade Zones Board announced its approval of the expansion and reorganization under the Alternative Site Framework of FTZ 57 in and around Charlotte. The zone will now cover all of Alexander, Anson, Caldwell, Cabarrus, Catawba, Cleveland, Gaston, Iredell, Lincoln, Mecklenburg, Polk, Rowan, Rutherford, Stanly, and Union Counties, North Carolina. Under the Alternative Site Framework reorganization, companies will now be able to request subzone status through the relatively simple "minor boundary modification" process.