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What do appliance manufacturers, chemical producers, consumer good distributors, electronics firms, motor vehicle companies, petroleum refiners, pharmaceutical companies and ship builders have in common?
Companies in each of these industries, in addition to many other sectors, utilize foreign-trade zones to maintain their competitive edge while maintaining their operations in the U.S.
From Abbott Manufacturing Inc. (infant formula, adult nutritional products) in Columbus, Ohio, to ZF Industries Inc. (automotive axle assemblies) in Tuscaloosa, Ala., approximately 3,000 U.S.-based firms use foreign-trade zones as an integral part of their strategy to compete …