Red Wing Shoe Company activates Utah’s first Foreign-Trade Zone and blazes a new trail for other companies to take advantage of the FTZ program in the state.
Indigo Trade Solutions is pleased to congratulate Red Wing Shoe Company, Inc. with the activation of the first Foreign Trade Zone (FTZ) in the state of Utah. Red Wing Shoe plans to save duties and taxes and improve order fulfillment time in supplying product to the 110 countries it currently ships to.
A ribbon cutting was held to celebrate the implementation on Tuesday, June 30, 2015. Executives with Red Wing Shoe, members of local Economic Development agencies, and Indigo Trade Solutions’ Principal, Lesley Couch, were all in attendance.
Lesley is very excited to have been a part of the FTZ implementation team through her affiliation with Sandler, Travis & Rosenberg, P.A. She states “Red Wing Shoe is forging into new and beneficial territory as an international retailer. The FTZ will be a great enhancement to their ability to distribute internationally, while easing duty burdens and making navigation of U.S. Customs simpler. It’s a fantastic leap forward for Red Wing Shoe and for Salt Lake City.”
To view the news story aired on Good4Utah, visit the link below:
Utah shoemaker cashing in on underutilized opportunity