News Ticker

Eloy Awaits Final Decision on Local FTZ

By Lindsey Gemme for Eloy Enterprise

Photo Credit: Butler Design Group

Photo Credit: Butler Design Group

As of last week, the city’s application for a foreign trade zone that has been dragging on for the better part of a year has hit yet another snag that has put it in a holding pattern for now.

President of Walton International Rob Leinbach spoke with City Council during a special meeting June 10 regarding their joint effort in establishing an FTZ in Eloy.

With Walton’s help, the city of Eloy submitted an application for a new foreign trade zone designation in 2011 covering four sites of industrial land within the city limits. The first application was at first denied, and Eloy filed a rebuttal in support of its original application, with supplemental materials.

The application is currently pending before the foreign trade zone board.

“The board recently gave the city a positive indication as they suggested Eloy pursue foreign trade zone designations through the existing grantees (either Phoenix or TREO) instead of pursuing new grantee status,” explained Leinbach.

“The FTZ designation would hopefully assist in attracting users,” Leinbach told the Enterprise. “Walton believes that the Eloy area is an ideal location for industrial activity because of its close proximity to rail, two main interstate freeways, Pinal Air Park and the cities of Phoenix and Tucson.”

Read more at TriValleyCentral