2026-12773NoticeWallet

Indiana Parts Maker Gets Routine Tax Break Approval

Published Date: 6/25/2026

Notice

Summary

iwis drive systems, LLC in Whitestown, Indiana, got the green light to start making customized parts and drive system components inside Foreign-Trade Zone 72. This means they can save money on import taxes and speed up production. The change helps the company grow and keeps jobs local without any new fees or delays.

Analyzed Economic Effects

3 provisions identified: 3 benefits, 0 costs, 0 mixed.

Import tax savings inside FTZ 72

iwis drive systems, LLC in Whitestown, Indiana was authorized to produce customized parts and drive system components inside Foreign-Trade Zone 72. Being inside the zone lets the company save money on import taxes.

Production speed and efficiency gains

The company was authorized to make customized parts and drive system components inside FTZ 72, which the notice says speeds up production. Faster on-site production can shorten lead times for the business.

Local job retention in Whitestown

The notice states the change helps the company grow and keeps jobs local in Whitestown, Indiana. The authorization proceeded without any new fees or delays for the company.

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Key Dates

Published Date
6/25/2026

Department and Agencies

Department
Independent Agency
Agency
Commerce Department
Foreign-Trade Zones Board
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