Avnet Distribution Center Becomes One of the Largest Authorized Foreign-Trade Zones in Arizona
Aug. 22, 2019
Avnet Distribution Center Becomes One of the Largest
PHOENIX--Leading global technology solutions provider Avnet (Nasdaq: AVT) has secured Foreign-Trade Zone authorization from the United States Bureau of Customs and Border Protection (CBP) for its McKemy Distribution Center in Chandler, Ariz. The designation reduces tariff recovery fees for its international customers as well as for domestic customers shipping abroad. Foreign-Trade Zone authorization also increases the company’s global logistics efficiency and improves its cash flow.
