Tag: Budget Task Force

Birmingham to Request Expansion of Foreign-Trade Subzone to Include BNSF Railway

The City of Birmingham will apply to expand its foreign-trade subzone to include a property owned by BNSF Railway, a move proponents argued would extend the Mercedes-Benz brand within the city.

Foreign-trade subzones are areas within the United States in which a certain company’s commercial merchandise is not subject to import tariffs and taxes, which is intended to lower costs for companies engaged in international trade. BNSF Railway wants to add a 261-acre area near Finley Boulevard, which officials said could make the city more “business-friendly” to Mercedes-Benz, one of BNSF’s clients. Read more.