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FTZ 245 — Foreign-Trade Zone 245 — Economic Development Corporation of Decatur & Macon County
Illinois · Decatur · Port of entry: IL, Peoria
FTZ 245 is a Foreign-Trade Zone sponsored by the Economic Development Corporation of Decatur & Macon County, serving the Decatur, Illinois area with a port of entry in Peoria, IL.
Foreign-Trade Zone 245 is sponsored by the Economic Development Corporation of Decatur & Macon County, headquartered in Decatur, Illinois. The zone's grantee organization oversees FTZ activity within its service area, with the port of entry designated in Peoria, IL.
A Foreign-Trade Zone is a designated area within the United States that, for customs purposes, is treated as if it were outside U.S. commerce. Companies operating within an activated FTZ site or subzone may defer, reduce, or in some cases eliminate customs duties on imported merchandise, depending on how that merchandise is used, stored, processed, or re-exported. This structure is most relevant to importers, manufacturers, and distributors that bring foreign-origin goods or components into their operations and want flexibility in how and when duties are paid.
Businesses located in or considering a facility within Decatur and the surrounding Macon County service area may find FTZ 245 relevant to their supply chain and customs planning. Because zone participation involves site-specific designation, activation, and ongoing compliance requirements, a company evaluating FTZ status for a facility in this region typically works with a customs broker or FTZ compliance consultant. That professional can help determine whether a given operation qualifies, what subzone or usage-driven designation may be appropriate, and how to prepare the paperwork required by the FTZ Board and U.S. Customs and Border Protection.
This listing reflects the grantee, service area, and port of entry as designated for FTZ 245.
Who qualifies
How to apply
1. Contact the Economic Development Corporation of Decatur & Macon County, the grantee for FTZ 245, to discuss whether a specific facility in the service area may be suitable for site or subzone designation.
2. Engage a customs broker or FTZ compliance consultant to evaluate the facility's import activity and determine how FTZ status could apply.
3. Review the official FTZ Board application process at https://www.trade.gov/how-to-apply for the formal steps, required filings, and approval procedures.
Questions people ask
What is FTZ 245?
FTZ 245 is a Foreign-Trade Zone sponsored by the Economic Development Corporation of Decatur & Macon County, serving the Decatur, Illinois area with a port of entry in Peoria, IL.
Who is the grantee of FTZ 245?
The grantee is the Economic Development Corporation of Decatur & Macon County.
What area does FTZ 245 cover?
It covers the service area associated with Decatur and Macon County, Illinois.
What port of entry does FTZ 245 use?
FTZ 245 uses the port of entry in Peoria, IL.
Do I need a customs broker to use an FTZ?
Most companies work with a customs broker or FTZ compliance consultant to determine eligibility and handle the required filings, though this is a general practice rather than a strict legal requirement stated here.
Is an FTZ the same as a bonded warehouse?
No, FTZs and bonded warehouses are distinct customs programs with different rules, though both involve deferred duty treatment on imported goods.
How do I get subzone status for my own facility?
You would typically contact the zone's grantee and follow the FTZ Board's application process, which is detailed at the official apply URL provided for this zone.
Can any business in Decatur apply for FTZ 245 status?
Only businesses with facilities within the designated service area and that meet FTZ Board requirements can pursue site or subzone designation.
What does FTZ status generally allow a company to do?
It generally allows for deferral, reduction, or elimination of customs duties on qualifying imported merchandise, depending on how the goods are used or processed.
Where can I find the official application process for FTZ 245?
The official FTZ Board application process is available at https://www.trade.gov/how-to-apply.
Source: FTZ Board OFIS zone list (ofis.trade.gov). GetFundedUSA is independent and not affiliated with this zone's operator.