[Federal Register Volume 62, Number 163 (Friday, August 22, 1997)]
[Notices]
[Page 44642]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-22271]
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DEPARTMENT OF COMMERCE
Foreign-Trade Zones Board
[Docket 64-97]
Foreign-Trade Zone 124--Gramercy, LA, Application for Subzone
Status, Bollinger Shipyards, Inc. (Shipbuilding)
An application has been submitted to the Foreign-Trade Zones Board
(the Board) by the South Louisiana Port Commission, grantee of FTZ 124,
requesting special-purpose subzone status for the shipbuilding facility
of Bollinger Shipyards, Inc. (BSI), located in Lockport, Louisiana. The
application was submitted pursuant to the provisions of the Foreign-
Trade Zones Act, as amended (19 U.S.C. 81a-81u), and the regulations of
the Board (15 CFR Part 400). It was formally filed on August 11, 1997.
The BSI shipyard (250 acres, 334,000 sq.ft., 560 employees) is
located at 8365 State Highway 308, Lockport (LaFourche Parish),
Louisiana, and is used in the construction, repair, and conversion of
commercial and military vessels for domestic and international
customers. Foreign components used at the BSI shipyard (up to 30% of
total) include propulsion units, engines and parts, gears, pumps,
pulleys, compressors and parts, measuring instruments (duty rate range:
free--6%, ad valorem).
FTZ procedures would exempt BSI from Customs duty payments on the
foreign components used in export activity. On its domestic sales, the
company would be able to choose the duty rate that applies to finished
oceangoing vessels (duty free) for the foreign-origin components noted
above. The manufacturing activity conducted under FTZ procedures would
be subject to the ``standard shipyard restriction'' applicable to
foreign-origin steel mill products (e.g., pipe and plate), which
requires that full duties be paid on such items. The application
indicates that the savings from FTZ procedures would help improve the
facility'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 October 21, 1997. Rebuttal comments in
response to material submitted during the foregoing period may be
submitted during the subsequent 15-day period (to November 5, 1997).
A copy of the application will be available for public inspection
at the following locations:
Office of the Port Director, U.S. Customs Service, P.O. Box 490, 110
North Airline Avenue, Gramercy, LA 70052
Office of the Executive Secretary, Foreign-Trade Zones Board, Room
3716, U.S. Department of Commerce, 14th Street & Pennsylvania Avenue,
NW, Washington, DC 20230.
Dated: August 12, 1997.
John J. Da Ponte, Jr.,
Executive Secretary.
[FR Doc. 97-22271 Filed 8-21-97; 8:45 am]
BILLING CODE 3510-DS-P
