Roanoke County offers numerous advantages to businesses, including a central and convenient location, high quality of life, low cost of living and a skilled workforce. In addition, western Virginia is home to the Virginia TradePort which includes an international Port of Entry #1412 and Foreign Trade Zone #238, saving local businesses valuable time and money on imports and exports. For more information on the Virginia TradePort: www.vatradeport.com
Foreign -trade zones are secure areas under U.S. Customs supervision that are considered outside the customs territory for the purposes of Customs duty payment. Under zone procedures, the usual formal Customs entry procedure and payment of duties are not required on foreign merchandise unless and until it enters Customs territory for domestic consumption. Companies can ship from any foreign location directly to the Foreign Trade Zone, and can in-bond ship direct from any port, eliminating time delays that could occur at other ports. Western Virginia's Foreign-Trade Zone #238 is a general-purpose zone established for multiple activities by multiple users.
Port of Entry
Ports of entry are responsible for processing conveyances, passengers and goods entering and exiting the United States, and enforcing customs laws. Goods may be entered for consumption, warehousing at the port of arrival, or transported in-bond to another port of entry and entered there under the same conditions as at the port of arrival. An international Port of Entry #1412 serves the Roanoke area from the New River Valley Airport. Benefits include deferring, reducing or eliminating customs duties in addition to avoiding state and local ad valorem taxes. For more information visit http://www.cbp.gov/contact/ports/va
U.S. Customs Bonded Warehouse
Norfolk Southern Thoroughbred Transfer Station
A customs bonded warehouse is a building or other secured area in which dutiable goods may be stored, manipulated, or undergo manufacturing operations without payment of duty. Upon entry of goods into the warehouse, the importer and warehouse proprietor incur liability under a bond.
Norfolk Southern has established a Rail Served distribution center for use by businesses located in Roanoke. The role of new transload facility is to:
- Assist companies who are currently shipping only by truck with rail service options
- Supplement existing rail capacity for rail customers with transload/truck deliveries
- Allow for the re-loading of products to comply with loading requirements, clearances, etc.
- Provide an opportunity for delayed shipments to be unloaded to meet deadlines
- Allows companies to be closer to their final customers with a high level of responsiveness from the production site.
This new center aligns with the Heartland and Crescent Corridors and serves as an added benefit to businesses locating in Roanoke, especially for non rail-served companies. This NS owned multi-commodity facility is secured, fenced and paved, while also providing truck scales for use by transload partners for bulk transfer. The Center accommodates up to 50 cars.