[Federal Register Volume 61, Number 192 (Wednesday, October 2, 1996)]
[Notices]
[Pages 51405-51406]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-25244]
-----------------------------------------------------------------------
DEPARTMENT OF COMMERCE
Foreign-Trade Zones Board
[Docket 69-96]
Foreign-Trade Zone 147--Reading, PA Request for Manufacturing
Authority Precision Components Corporation (Inc.) (Nuclear Fuel
Containment Vessels)
An application has been submitted to the Foreign-Trade Zones Board
(the Board) by the Foreign-Trade Zone Corporation of Southeastern
Pennsylvania, grantee of FTZ 147, pursuant to Sec. 400.28(a)(2) of the
Board's regulations (15 CFR Part 400), requesting authority on behalf
of Precision Components Corporation (Inc.) (PCC), to manufacture
nuclear fuel containment vessels under zone procedures within FTZ 147.
It was formally filed on September 24, 1996.
The PPC plant (400,000 sq.ft. on 12 acres) is located at 500
Lincoln Street within a proposed site of FTZ 147 in the International
Trade District of York, in the City of York, Pennsylvania (Docket 3-96,
61 FR 2487, 1-26-96). The PPC plant (448 employees) is used to
manufacture nuclear fuel containment vessels (HTSUS# 7309.00.0090, duty
rate-1.6%) for the transport and storage of spent radioactive nuclear
fuel. Components sourced from abroad (from 28 to 70% of finished
product value) include forgings and plates of iron or steel, which are
classified under the same HTSUS category as the finished nuclear fuel
containment vessels. The application indicates that over 50 percent of
the plant's shipments are exported.
Zone procedures would exempt PPC from Customs duty payments on the
foreign components used in export production. On its domestic sales,
PPC would be able to defer duty payments on the foreign components
until the finished vessels are processed for Customs entry, and scrap
and waste foreign status material would be exempt from Customs duties.
The request indicates that the savings from zone procedures would help
improve the plant's international competitiveness.
In accordance with the Board's regulations, a member of the FTZ
Staff has been designated examiner to investigate the application and
report to the Board.
Public comment on the application is invited from interested
parties. Submissions (original and three copies) shall be addressed to
the Board's Executive Secretary at the address below. The closing
period for their receipt is December 2, 1996. Rebuttal comments in
response to material submitted during the foregoing period may be
submitted during the subsequent 15-day period (to December 16, 1996).
A copy of the application and the accompanying exhibits will be
available for public inspection at the following location: Office of
the Executive Secretary, Foreign-Trade Zones Board, U.S. Department of
Commerce, Room 3716, 14th Street & Pennsylvania Avenue, NW.,
Washington, DC 20230.
[[Page 51406]]
Dated: September 25, 1996.
John J. Da Ponte, Jr.,
Executive Secretary.
[FR Doc. 96-25244 Filed 10-1-96; 8:45 am]
BILLING CODE 3510-DS-P
