Louisiana Plant Seeks FTZ Status for Oil Gear
Published Date: 6/5/2026
Notice
Summary
OneSubsea wants to start making special underwater oil equipment at their Bayou Vista, Louisiana plant inside Foreign-Trade Zone 124. This move could save them money on import taxes for certain parts, with public comments open until July 15, 2026. If approved, it means smoother production and potential cost benefits for the company and its customers.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
FTZ production for subsea equipment
OneSubsea has asked to make specific subsea oil equipment at its Bayou Vista facility inside Foreign-Trade Zone 124. The notice lists finished products and foreign components with duty rates ranging from duty-free to 5.6%, and it says some materials are subject to Section 122, Section 232, or Section 301 treatment that must be admitted in privileged foreign status. Public comments on the proposal are due by July 15, 2026.
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Key Dates
Department and Agencies
Related Federal Register Documents
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Previous / Next Documents
Previous: 2026-11333 — Foreign-Trade Zone (FTZ) 153, Notification of Proposed Production Activity; Foxx Development, Inc.; (Smartphones); San Diego, California
Foxx Development, Inc. in San Diego wants to make smartphones using special parts from other countries inside a Foreign-Trade Zone, which means they can save on some import taxes. This change could speed up production and lower costs for the company. People have until July 15, 2026, to share their thoughts before the plan moves forward.
Next: 2026-11335 — Approval of Subzone Status; Shiseido America, Inc.; Cranbury and East Windsor, New Jersey
Shiseido America, Inc. just got the green light to set up a special subzone in Cranbury and East Windsor, New Jersey, under the existing Foreign-Trade Zone 200 rules. This means they can enjoy some cool trade benefits while staying within a 2,000-acre limit. The approval happened on June 2, 2026, helping Shiseido boost its business with smoother import and export processes.