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Commissioners delay decision on foreign-trade-zone letter for Flextronics in Round Rock
Summary
A requested letter supporting a foreign-trade-zone application for Flextronics in Round Rock was tabled for more information about fiscal implications and precedent; Round Rock and Round Rock ISD had already provided letters.
Williamson County commissioners elected to delay action July 15 on a proposed letter to the U.S. Secretary of Commerce supporting a foreign-trade-zone designation for Flextronics’ Round Rock location.
Staff and local economic-development representatives described the program as a tool that defers certain import duties and can result in a local inventory tax exemption for qualifying inventory. Dave Porter,…
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