Foreign trade zone forum in Ardmore

By: KXII-TV Staff Email
By: KXII-TV Staff Email

ARDMORE, Okla. -- Doing business globally was the focus at a forum Thursday at the Ardmore Convention Center. Specifically, officials were talking about foreign trade zones.

Specialized zones are designed to bolster commerce by allowing companies to import raw materials from foreign companies and not paying taxes on them until they are ready to go to market.

Officials have asked the government to expand one such zone near the Ardmore Air Park to the tune of 2,900 acres.

Foreign trade zone expert Craig Pool says, "[It would] provide many more companies with foreign trade zone benefits, which will do a number of things. It would allow them to be more competitive and make this area more attractive to companies to come in and relocate to this area."

U.S. Customs officials were also at the meeting.

You must be logged in to post comments.

Password (case sensitive):
Remember Me:

Read Comments

Comments are posted from viewers like you and do not always reflect the views of this station.
  • by Anonymous on Apr 3, 2008 at 04:15 PM
    This sound great.By doing this they wouldn't have to use eminent domain to steal those peoples land and force them to loose the income they get from the land now. They could pay them a set salary each month to help them with their loss of income the government would be causing by forcing them to give up their land at the governments market value.Or put it south of Ardmore where the government already owns land.So why wasn't this part of the story told?
Sherman 4201 Texoma Pkwy (903) 892 -8123 Ardmore 2624 S. Commerce (580) 223-0946
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 17274439 -
Gray Television, Inc.