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Los Angeles Foreign Trade

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BUSINESS
June 2, 1993 | From Times Staff and Wire Reports
City Council Endorses Harbor Department Plan: The Los Angeles City Council voted to endorse a plan by the Harbor Department to turn the Port of Los Angeles into a foreign trade zone, a designation that would promote local industry and create jobs by exempting imported components from some duties when they are processed within the zone for re-export.
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BUSINESS
October 12, 1999
Watson Land Co. said it has secured foreign trade zone designation from the Commerce Department for the 900 acres and 8 million square feet of office, technology and industrial space in its Carson business centers. The properties have been incorporated into the Port of Los Angeles' existing Foreign Trade Zone 202, one of 11 such zones in California, it said. The new trade zone properties include Watson Industrial Center South, Watson Corporate Center and Dominguez Technology Center.
CALIFORNIA | LOCAL
April 16, 1993 | RANDAL C. ARCHIBOLD, TIMES STAFF WRITER
The Los Angeles Harbor Commission is moving forward with a plan to create a foreign trade zone at the port to boost business and jobs in the area, officials say. The proposal, which would need approval from the federal Foreign-Trade Zones board, would benefit companies located in the zone by allowing them to defer taxes on imported goods until those products are sent to market, officials say. While in the zone, imported goods could be used as ingredients in manufactured products.
BUSINESS
April 24, 1995 | JOHN O'DELL, TIMES STAFF WRITER
A government-controlled plastic-container maker in Mainland China has teamed with a freewheeling finance specialist from Orange County in an unusual deal aimed at making the Chinese business a publicly traded company in the United States. Irvine-based Garte Torre Capital Markets hopes to raise $5.5 million for Guangzhou Plastics, a maker of containers and films, to enable it buy new equipment and expand into the North American market.
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