Foreign Trade Zone #235

economic

Foreign Trade Zone #235 is administered by the Lakewood Development Corporation on behalf of the Grantee, the Township of Lakewood. A foreign-trade zone is a designated location in the United States where companies can use special procedures that help encourage U.S. activity and value added - in competition with foreign alternatives - by allowing delayed or reduced duty payments on foreign merchandise, as well as other savings. FTZ #235 serves Ocean, Monmouth, Middlesex, Burlington and Union Counties.