FTZ Board Allows Expedited Subzone Requests for Zone in Southwest Virginia

The Foreign-Trade Zones Board on Jan. 23 announced its approval of the reorganization under the Alternative Site Framework of FTZ 238 in Southwest Virginia (here). The zone will now cover all of Alleghany, Amherst, Bedford, Bland, Botetourt, Campbell, Carroll, Craig, Floyd, Franklin, Giles, Grayson, Henry, Montgomery, Patrick, Pittsylvania, Pulaski, Roanoke, Rockbridge, Smyth, Tazewell and Wythe Counties, as well as the independent cities of Bedford, Buena Vista, Covington, Danville, Galax, Lynchburg, Martinsville, Radford, Roanoke and Salem. Under the Alternative Site Framework reorganization, companies will now be able to request subzone status through the relatively simple "minor boundary modification" process.