Coach, a leading design house of modern luxury accessories and lifestyle collections, has been a user of JAXPORT’s Foreign Trade Zone (FTZ) No. 64 for more than two decades.
Using an FTZ allows shippers to reduce, delay or eliminate import fees through more efficient filings.
This fall, Coach is set to undergo a large expansion of its Jacksonville facility and foreign trade zone footprint. The company will open a new nearly 200,000 square-foot warehouse near its existing North Jacksonville warehouse, bringing the company’s total FTZ-activated warehousing space in Jacksonville to nearly 725,000 sq. ft.
JAXPORT sat down with Ileana Klepeisz, FTZ Manager for Tapestry Inc., the parent company of Coach, to discuss how JAXPORT’s FTZ is helping Coach find logistics success during this time, as well as her advice to other businesses looking to streamline cash flow using an FTZ.