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Don't miss out on benefits of FTZ
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Use of Foreign Trade Zone saves costs for manufacturers
Manufacturing companies may be missing out on a tremendous cost-saving tool available to them through the use of a Foreign Trade Zone (FTZ). This tool is a federal program tailored to increase the competitiveness of U.S. manufacturers that import components or raw materials.
FTZ benefits may be available to Clermont County manufacturers who can answer "yes" to the following questions: - Do you manufacture or distribute?
- Do you import components or raw materials?
- Is your import volume in excess of $3 million annually or 500 import shipments per year?
- Are your imports primarily not from a country with which the U.S. has a free trade agreement, such as Mexico or Canada?
If you can answer "yes" to the questions above, FTZ may be right for your company. Benefits of having FTZ status include deferral of duty until goods are shipped from distribution centers; direct delivery for point of unlading to facilities; speeding Customs and border processes; protection (CBP) release; elimination of duty for re-exports and scrap of imported items; reduction of brokerage fees by filing of a single entry per week; and reduction of merchandising processing fees via consolidation of CBP fees to one per week.
For more information on the Foreign Trade Zone of Greater Cincinnati, please visit the website at www.gcFTZ.com.
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Meet Jeff Osterfeld, CEO of Penn Station
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Jeff Osterfeld began Penn Station East Coast Subs in 1985 in Anderson Township, started franchising it in 1988, and today has more than 300 stores in 15 states. He and President Craig Dunaway describe why the company came to Clermont County in 2007 and how the county partnered with them on their new headquarters. Dunaway says the company is looking for "passion zealots" to be part of the team.
Penn Station website
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Is your business ready for a disaster?
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Disasters, and the interruption of services they cause, cost time, money and resources. In fact, studies show that one in four businesses do not reopen after a disaster.Is your small business ready to take on a disaster? If not, plan to attend a two-hour workshop for small businesses that will focus on how to prepare for emergencies. Among the topics: - Smart practices for business continuity planning
- Overview of cyber security defense methods
- What businesses should expect following a disaster
- How your company can help the local community recover
Details: 11 a.m.-1 p.m. Tuesday, Sept. 13 Eastgate Brew 'n View 4450 Eastgate Blvd., Suite H Sponsors: Siemens PLM Software, Procter & Gamble, Duke Energy, Clermont County Emergency Management Agency, and the Small Business Development Center at the Clermont Chamber of Commerce
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OMJ workshop on hiring/firing practices
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OhioMeansJobs/Clermont County will host a workshop from 9-10:30 a.m. on Tuesday, Sept. 20, on Hiring and Firing Practices: Understanding the Recent Changes in Employment Law.
Theresa L. Nelson, an attorney with Strauss Troy, will speak about hiring and firing practices, Medical Marijuana Law, overtime regulations, the Defend Trade Secrets Act of 2016, and the legal differences among employees, contractors and leased employees.
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New county demographic info available
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Find out what labor costs
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Clermont County has lower salary costs than national average
It's no secret that people are the engine of most businesses, and that the cost and supply of talented labor is often one of the most important considerations in a business expansion decision. With a labor pool of more than 1.1 million qualified workers in the Cincinnati region, Clermont County has access to the people companies need. Based on its population size, Clermont County is adding jobs faster in most occupational groups and has lower salary costs than the national average. Click here to view current data on our fastest growing industries, which includes current average annual earnings.
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Meet Development Specialist Allison Murcia
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Allison Murcia is our new Development Specialist, responding to leads and tracking data on development in Clermont County. Allison, a graduate of the University of Cincinnati, joins us from Anderson Township, where she worked as an urban planner for the last four years, assisting commercial developers in transforming Beechmont Avenue. In addition to serving as the vice president of the Cincinnati chapter of the American Society for Public Administration, Allison is active with the region's planning community, and obtained her AICP certification last year.
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