[Federal Register Volume 66, Number 216 (Wednesday, November 7, 2001)]
[Notices]
[Page 56272]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-27979]


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DEPARTMENT OF COMMERCE

Foreign-Trade Zones Board

[Docket 44-2001]


Foreign-Trade Zone 49--Newark/Elizabeth, NJ, Application for 
Subzone, Movado Group, Inc., (Watches; Certain Consumer Goods), 
Moonachie, NJ

    An application has been submitted to the Foreign-Trade Zones Board 
(the Board) by the Port Authority of New York and New Jersey, grantee 
of FTZ 49, requesting special-purpose subzone status for the watch and 
consumer goods warehousing/distribution/repair facility of the Movado 
Group, Inc., (Movado), in Moonachie, New Jersey. 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 October 31, 2001.
    The Movado Group, Inc. (100,000 sq. ft. on 4.5 acres) is located at 
105 State Street in Moonachie, New Jersey. The facilities (285 
employees) are used primarily for storage, inspection, repair, 
packaging and distribution of wristwatches and clocks and watch parts. 
The company also distributes a variety of other consumer goods, 
including the following: writing instruments, sunglasses, steel and 
silver gifting items, silverware, jewelry, glassware, apparel and 
clothing accessories, tableware and other household articles, shaving 
preparations and other toiletries, and perfumes and toilet waters. 
Almost all of the products are sourced from abroad and some 5 percent 
are currently exported.
    Zone procedures would exempt Movado from Customs duty payments on 
foreign products that are reexported. On domestic sales, the company 
would be able to defer payments until merchandise is shipped from the 
facility. The application indicates that the savings from zone 
procedures will 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 is invited from interested parties. Submissions 
(original and 3 copies) shall be addressed to the Board's Executive 
Secretary at one of the following addresses:
    1. Submissions Via Express/Package Delivery Services: Foreign-Trade 
Zones Board, U.S. Department of Commerce, Franklin Court Building--
Suite 4100W, 1099 14th St., NW., Washington, DC 20005; or
    2. Submissions Via the U.S. Postal Service: Foreign-Trade Zones 
Board, U.S. Department of Commerce, FCB--Suite 4100W, 1401 Constitution 
Ave. NW., Washington, DC 20230.
    The closing period for their receipt is January 7, 2002. Rebuttal 
comments in response to material submitted during the foregoing period 
may be submitted during the subsequent 15-day period (to January 22, 
2002).
    A copy of the application and accompanying exhibits will be 
available for public inspection at the Office of the Foreign-Trade 
Zones Board's Executive Secretary at the first address listed above, 
and at the U.S. Department of Commerce Export Assistance Center, One 
Gateway Center, 9th Floor, Newark, NJ 07102.

    Dated: October 31, 2001.
Dennis Puccinelli,
Executive Secretary.
[FR Doc. 01-27979 Filed 11-6-01; 8:45 am]
BILLING CODE 3510-DS-P