[Federal Register Volume 61, Number 205 (Tuesday, October 22, 1996)]
[Notices]
[Pages 54765-54766]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-27051]
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DEPARTMENT OF COMMERCE
Foreign-Trade Zones Board
[Docket 73-96]
Foreign-Trade Zone 198--Volusia County, Florida; Request for
Manufacturing Authority, Capo, Inc. (Sunglasses/Reading Glasses)
An application has been submitted to the Foreign-Trade Zones Board
(the Board) by the County of Volusia, Florida, grantee of FTZ 198,
pursuant to Sec. 400.32(b)(2) of the Board's regulations (15 CFR Part
400), requesting authority on behalf of Capo, Inc., to manufacture
sunglasses/reading glasses (HTS #9004.10) under FTZ procedures. It was
formally filed on October 9, 1996.
Capo operates a facility within FTZ 198 that manufactures
sunglasses and reading glasses. Presently, the company uses FTZ
procedures at its facility for the storage of inventory. This
application requests authority for allowing Capo to also conduct its
assembly activity under FTZ procedures.
Most components are sourced from abroad (up to 95%), including:
metal frames, plastic frames, sunglass lenses, imitation leather cords,
man-made fiber
[[Page 54766]]
cords, cloth cords, cases, and lens stickers (duty rate range: 3.4%-
19.5%).
Zone procedures would exempt Capo from Customs duty payments on the
foreign components used in export production. On its domestic sales, it
would be able to choose the duty rates that apply to finished
sunglasses/reading glasses (5.1%) for the foreign components noted
above. The company is also seeking an exemption from Customs duties on
scrap generated in the production process. The application 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 November 21, 1996. Rebuttal comments in
response to material submitted during the foregoing period may be
submitted during the subsequent 15-day period (to December 6, 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.
Dated: October 11, 1996.
John J. Da Ponte, Jr.,
Executive Secretary.
[FR Doc. 96-27051 Filed 10-21-96; 8:45 am]
BILLING CODE 3510-DS-P
