Fort Lauderdale, Fla., Creates New 1,260-Acre Foreign Trade Zone.

Publication: The Miami Herald (Miami, Florida) (via Knight-Ridder/Tribune Business News)

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COPYRIGHT 2000 The Miami Herald

Byline: Jack Rejtman

Apr. 28--Fort Lauderdale has created a new Foreign Trade Zone that dwarfs the 200-acre county zone now operated from Port Everglades.

The new zone, which is being heralded as a boon to international trade, encompasses 1,260 acres countywide with about two-thirds falling within Fort Lauderdale. The hub is at the Fort Lauderdale Executive Airport, with six satellite areas spread among Fort Lauderdale, Weston and North Broward.

Local officials say the zone will help companies eliminate or reduce duties on foreign products, and should...

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