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The Port of Moses Lake operates as a Foreign Trade Zone (FTZ) #203, providing tenants with the financial benefits in imports and exports that accompany a FTZ. The FTZ status allows companies within the Port of Moses Lake to store goods duty-free, delay tax and customs payments, and lower inventory costs. The United States Customs and Border Protection office is located within Grant County International Airport.
The Port of Moses Lake FTZ helps tenants to compete more efficiently and cost effectively in the marketplace through duty deferral and exemption, inverted tariffs, and the many logistical improvements that can be incorporated into a company’s production and distribution process when utilizing a FTZ.
Foreign and domestic merchandise may be moved into zones for operations, including storage, exhibition, assembly, manufacturing, and processing. The standard Customs entry procedures and payments of duties are not required on the foreign merchandise unless and until it enters the US Custom’s territory, at which point the importer generally has the choice of paying duties at the rate of either the original foreign materials or the finished product. Domestic goods moved into the zone for export may be considered exported upon admission to the zone for purposes of excise tax rebates and drawback.
The Port’s FTZ #203 Alternative Site Framework allows business in the following Washington counties to benefit from FTZ status:
- Benton County
- Chelan County
- Columbia County
- Douglas County
- Franklin County
- Grant County
- Kittitas County
- Lincoln County
- Okanagan County
- Walla Walla County
- Yakima County
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Duty Deferral – Delaying payment of duties on goods that enter the U.S. market.
Duty Exemption – No duties or quota charges on imported goods that are later re-exported.
Inverted Tariff – Reduction of duties if a lower tariff rate applies to the finished product leaving the zone than the tariff rates of the individual components of the product.
Cost Savings – Reduced insurance costs and protection against product theft.
Other Benefits – Eliminate the duty on waste, scrap, product lost during manufacturing and rejected or defective parts.
For additional information contact us at ftz@portofmoseslake.com
Port District #9
Executive Director: Mike Wren
PO Box 1089, Ephrata, WA 98823
Phone: (509) 754-3508
Fax: 754-5119
Port District #3
Executive Director: Robert J. Adler, Jr.
PO Box 2328, Mattawa, WA 99349
Phone: (509) 932-4928
Fax: 932-3526
Port District #1
840 F Street SW, Quincy, WA 98848-1556
Phone: (509) 787-3715
Fax: 787-2525
Port District #2
Executive Director: Cathy Potter
Box 147, Royal City, WA 99357
Phone: (509) 346-2317
Fax: 346-2876
Port District #8
Port Manager: Pat Millard
PO Box 841, Warden, WA 98857
Phone: (509) 349-2480
Fax: 349-2480
Port District #6
PO Box 98, Wilson Creek, WA 98860
Port of Coulee City
Port District #4
PO Box 537, Coulee City, WA 99115
Port of Grand Coulee
Port District #7
PO Box 616, Grand Coulee, WA 99133
Phone: (509) 633-3018
Fax: 633-8278
Port of Hartline
Port District #5
PO Box 44, Hartline, WA 99135
ASPI (private land)
Kim Foster 1600 Lind Ave. SW, Suite 220, Renton, WA 98055
Phone: 425-264-1000
Fax: 425-264-1268
Grant County Public Utility District operates two hydro-electric dams on the Columbia River that provide low cost, readily available electricity to Grant County businesses. According to the Council for Community and Economic Research, Grant County residents pay an average of 4.2 cents per kilowatt hour compared to the national average of 11.8 cents, with industrial rates lower still. You can find the Rates, Fees, and Policies on the Grant County PUD website by Clicking Here.
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Population
Current Population: 47,097
Population Growth rate from 2010-2028: %
- Housing
