Utah Firm Drills for Duty Savings in Special Trade Zone Proposal
Published Date: 12/29/2025
Notice
Summary
Boart Longyear Company wants to make diamond drill bits in a special trade zone in West Valley City, Utah, using some imported materials that might have extra taxes. This move could save money on duties and speed up production. People have until February 9, 2026, to share their thoughts before the plan gets the green light.
Analyzed Economic Effects
4 provisions identified: 1 benefits, 3 costs, 0 mixed.
FTZ production may cut duties
Boart Longyear asked to make diamond drill bits inside Foreign-Trade Zone 30 in West Valley City, Utah. Doing production in the FTZ could save the company money on import duties and may speed up production compared with importing finished goods.
5.0% duty on finished drill bits
The proposed finished product, diamond drill bits, is listed with a duty rate of 5.0%. Importers or manufacturers selling imported finished drill bits face that 5.0% tariff unless FTZ procedures change how duties apply.
Component duties range up to 7.0%
The proposed foreign-status inputs for production include graphite rods and molds, synthetic industrial diamonds, diamond powder, and tungsten powder, with duty rates that range from duty-free up to 7.0%. Those component duty rates apply to importers of those materials unless FTZ treatment changes their duty timing or amount.
Some imports must be PF status (1702/301/AD/CVD)
The request says certain materials may be subject to decisions under section 1702(a)(1)(B) of the International Emergency Economic Powers Act or section 301 of the Trade Act, which require those goods be admitted to FTZs in privileged foreign (PF) status (19 CFR 146.41). The notice also states graphite rods may be subject to antidumping/countervailing duty (AD/CVD) orders if imported from the People’s Republic of China, and such items must be admitted in PF status under Board rules.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-11931 — Foreign-Trade Zone (FTZ) 18, Notification of Proposed Production Activity; Energy Recovery Inc.; (Desalination Equipment); San Leandro, California
Energy Recovery Inc. wants to start making desalination equipment in their San Leandro, California facility inside Foreign-Trade Zone 18. This means they can bring in certain parts from other countries with lower or no import taxes, helping them save money and speed up production. People have until July 27, 2026, to share their thoughts on this plan.
2026-11793 — Foreign-Trade Zone (FTZ) 26, Notification of Proposed Production Activity; Trinidad Benham Corporation; (Rolls of Aluminum Foil and Aluminum Foil Containers); LaGrange, Georgia
Trinidad Benham Corporation wants to start making aluminum foil rolls and containers at their LaGrange, Georgia plant inside Foreign-Trade Zone 26. This move could save them money on import duties for certain materials, but some special trade rules apply. People have until July 22, 2026, to share their thoughts before the plan gets the green light.
2026-11775 — Foreign-Trade Zone (FTZ) 252, Notification of Proposed Production Activity; Fermi Inc.; (Modular Nuclear Power Plant and Natural Gas Power Plant); Panhandle, Texas
Fermi Inc. wants to build modular nuclear and natural gas power plants in Panhandle, Texas, using some imported parts that could have taxes or fees. This plan could save money and speed up production by using special Foreign-Trade Zone rules. The government is reviewing the request, which was filed on June 2, 2026, and could impact how these power plants are made and how much they cost.
2026-11776 — Foreign-Trade Zone (FTZ) 207, Notification of Proposed Production Activity; Lutron Electronics Co., Inc.; (Window Shades); Ashland, Virginia
Lutron Electronics in Ashland, Virginia wants to make window shades using some imported parts inside Foreign-Trade Zone 207. This move could save them money on import taxes and speed up production. The government is reviewing their plan, which covers specific materials and products, with no immediate cost changes but potential savings down the road.
2026-11777 — Foreign-Trade Zone 124; Application for Expansion of Subzone 124D; LOOP LLC; St. James, Louisiana
LOOP LLC in St. James, Louisiana, wants to grow their Foreign-Trade Zone by adding 41.5 acres next to their current site. This expansion could boost local business without changing what they produce right now. People have until July 21, 2026, to share their thoughts, so don’t miss your chance to speak up!
2026-11547 — Foreign-Trade Zone (FTZ) 218, Notification of Proposed Production Activity; OCULUS Surgical, Inc.; (Ophthalmic Diagnostic Equipment); Port St. Lucie, Florida
OCULUS Surgical in Port St. Lucie, Florida, wants to start making high-tech eye diagnostic equipment using some parts from other countries without paying extra import taxes right away. This move helps OCULUS save money and speed up production of cool devices like eye scanners and measurement tools. The government is reviewing this plan, which was officially submitted on June 3, 2026.
Previous / Next Documents
Previous: 2025-23879 — Agency Requests for Renewal of a Previously Approved Information Collection: TAR Part 1239-Related
The Department of Transportation wants to renew its paperwork rules for buying stuff, called TAR Part 1239, while they work on making these rules simpler. This affects businesses and people who deal with DOT contracts, and they’re asking for public comments by January 28, 2026. No big cost changes yet, but the DOT promises a smoother process soon!
Next: 2025-23882 — Formations of, Acquisitions by, and Mergers of Savings and Loan Holding Companies
Savings and loan holding companies want to form, merge, or buy other savings associations, and the Federal Reserve is reviewing their applications. If you’re interested, you can share your thoughts by January 28, 2026. These changes could affect who controls local savings banks and how they operate, so keep an eye on the deadlines and details!