Annual conference highlights FTZ strengths
REDI Cincinnati and the Port Authority recently returned from the National Association of Foreign Trade Zones Annual Conference, the largest FTZ-related event in the United States. Regional economic development leaders Melissa Johnson and Adam Singer represented the Port Authority and REDI Cincinnati respectively, at the three-day conference in California.
“Activity within Foreign Trade Zones is at an all-time high,” Melissa says. “In 2014, the value of shipments into zones totaled more than $798 billion – and about 64 percent of the shipments received at zones involved domestic status merchandise.” Melissa is Port of Greater Cincinnati Development Authority Director of Industrial Development and Logistics and responsible for business development and governance for FTZ 46 & 47 federal grantee. Adam is Managing Director of Business Development & Expansion for REDI Cincinnati, the JobsOhio network partner for Southwest Ohio.