FTZ 7 Subzone Approval, Venture Steel, Inc., Bayamon, Puerto Rico

The Foreign-Trade Zones Board approved subzone status for Venture Steel, Inc. within FTZ 7 in Bayamon, Puerto Rico. The approval allows the facility to operate under FTZ procedures, deferring or reducing customs duties on imported goods processed at the site. This is a routine administrative action under the Foreign-Trade Zones Act.