[Federal Register Volume 85, Number 69 (Thursday, April 9, 2020)]
[Notices]
[Page 19922]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-07503]


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DEPARTMENT OF COMMERCE

Foreign-Trade Zones Board

[Order No. 2095]


Reorganization of Foreign-Trade Zone 262 Under Alternative Site 
Framework; Southaven, Mississippi

    Pursuant to its authority under the Foreign-Trade Zones Act of June 
18, 1934, as amended (19 U.S.C. 81a-81u), the Foreign-Trade Zones Board 
(the Board) adopts the following Order:
    Whereas, the Foreign-Trade Zones (FTZ) Act provides for ``. . . the 
establishment . . . of foreign-trade zones in ports of entry of the 
United States, to expedite and encourage foreign commerce, and for 
other purposes,'' and authorizes the Board to grant to qualified 
corporations the privilege of establishing foreign-trade zones in or 
adjacent to U.S. Customs and Border Protection ports of entry;
    Whereas, the Board adopted the alternative site framework (ASF) (15 
CFR Sec. 400.2(c)) as an option for the establishment or reorganization 
of zones;
    Whereas, the Northern Mississippi FTZ, Inc., grantee of Foreign-
Trade Zone 262, submitted an application to the Board (FTZ Docket B-58-
2019, docketed September 19, 2019) for authority to reorganize under 
the ASF with a service area of DeSoto County, Mississippi, in and 
adjacent to the Memphis Customs and Border Protection port of entry, 
and FTZ 262's existing Site 1 would be categorized as a magnet site;
    Whereas, notice inviting public comment was given in the Federal 
Register (84 FR 50374, September 25, 2019) and the application has been 
processed pursuant to the FTZ Act and the Board's regulations; and,
    Whereas, the Board adopts the findings and recommendations of the 
examiner's report, and finds that the requirements of the FTZ Act and 
the Board's regulations are satisfied;
    Now, therefore, the Board hereby orders:
    The application to reorganize FTZ 262 under the ASF is approved, 
subject to the FTZ Act and the Board's regulations, including Section 
400.13, to the Board's standard 2,000-acre activation limit for the 
zone, and to an ASF sunset provision for magnet sites that would 
terminate authority for Site 1 if not activated within five years from 
the month of approval.

    Dated: April 6, 2020.
Jeffrey I. Kessler,
Assistant Secretary for Enforcement and Compliance, Alternate Chairman, 
Foreign-Trade Zones Board.
[FR Doc. 2020-07503 Filed 4-8-20; 8:45 am]
 BILLING CODE 3510-DS-P