South Dakota Electronics Gains Special Trade Zone Status
Published Date: 1/31/2025
Notice
Summary
Wurth Electronics Midcom in Watertown, South Dakota, just got the green light to become a special subzone under Foreign-Trade Zone 220. This means they can enjoy some cool trade benefits like easier importing and exporting, all within a 2,000-acre limit. The approval happened on January 28, 2025, opening new doors for business growth and smoother operations.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Wurth Approved for FTZ Subzone 220A
Wurth Electronics Midcom, Inc., in Watertown, South Dakota, was approved to establish Subzone 220A under Foreign-Trade Zone 220 on January 28, 2025. The approval is subject to the FTZ Act and Board regulations (including section 400.13) and to FTZ 220's 2,000-acre activation limit.
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