[Federal Register: May 22, 2003 (Volume 68, Number 99)]
[Notices]               
[Page 27986]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr22my03-54]                         

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DEPARTMENT OF COMMERCE

Foreign-Trade Zones Board

[Order No. 1273]

 
Grant of Authority for Subzone Status Bulova Corporation (Watch 
and Clock Products), Woodside and Brooklyn, NY

    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 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 Foreign-Trade Zones Board to 
grant to qualified corporations the privilege of establishing 
foreign-trade zones in or adjacent to U.S. Customs ports of entry;
    Whereas, the Board's regulations (15 CFR Part 400) provide for 
the establishment of special-purpose subzones when existing zone 
facilities cannot serve the specific use involved, and when the 
activity results in a significant public benefit and is in the 
public interest;
    Whereas, the City of New York, grantee of Foreign-Trade Zone 1, 
has made application to the Board for authority to establish 
special-purpose subzone status at the watch and clock warehousing/
distribution/repair facilities of Bulova Corporation, located in 
Woodside and Brooklyn, New York (FTZ Docket 37-2002, filed 9/23/02);
    Whereas, notice inviting public comment has been given in the 
Federal Register (67 FR 61849, 10/2/02)); and,
    Whereas, the Board adopts the findings and recommendations of 
the examiner's report, and finds that the requirements of the FTZ 
Act and Board's regulations are satisfied, and that approval of the 
application is in the public interest;
    Now, therefore, the Board hereby grants authority for subzone 
status at the watch and clock products warehousing/distribution/
repair facilities of Bulova Corporation, located in Woodside and 
Brooklyn, New York (Subzone 1B), at the locations described in the 
application, and subject to the FTZ Act and the Board's regulations, 
including Sec.  400.28.

    Signed at Washington, DC, this 14th day of May 2003.
Jeffrey A. May,
Acting Assistant Secretary of Commerce for Import Administration, 
Alternate Chairman, Foreign-Trade Zones Board.
[FR Doc. 03-12881 Filed 5-21-03; 8:45 am]