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{"FA9C4E22-5056-A066-6030-C51C9BB97A98":{"TotalRows":1,"uid":"FA9C4E22-5056-A066-6030-C51C9BB97A98","title":"Senator Schumer visits Oneonta to encourage FTZ designation application","summary":"Oneonta, NY","eventType":"chuck-around-ny","eventTypeLabel":"Chuck Around NY","date":"January 5, 2016","url":"about/chuck-around-new-york/senator-schumer-visits-oneonta-to-encourage-ftz-designation-application","city":"Oneonta","county":"Otsego","lat":42.453995,"lng":-75.06223299999999,"description":"<p>On January 5th, 2016, Senator Schumer met with newly-inaugurated Oneonta Mayor Gary Herzig, Otsego Board of Representatives Chairwoman Kathy Clark, and other local officials at the Otsego NOW/IDA offices to discuss economic development projects and strategies to create new local jobs. Senator Schumer urged local businesses in Otsego County to consider applying for a foreign trade zone (FTZ) designation. Schumer said FTZs could provide critical help to Otsego County employers, allowing them to remain competitive with foreign manufactures and expand production of local products. These zones are designated sites in the United States where companies can benefit from reduced or eliminated customs duties on imports of materials they use to make their finished product. An FTZ designation for Otsego County manufacturing companies would save companies money, which they could then reinvest to expand production. Schumer said that once an FTZ application is ready he will immediately support their applications.</p>"}}

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