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FOREIGN-TRADE ZONE (FTZ) LONO REQUESTS Steve Boecking Vice President Alliance Corridor, Inc. 13600 Heritage FOREIGN-TRADE ZONE (FTZ) LONO REQUESTS Steve Boecking Vice President Alliance Corridor, Inc. 13600 Heritage Parkway Fort Worth, TX 76177 817. 224. 6050 steve. [email protected] com 19 March 2018 Alliance Corridor, Inc. FTZ Projects: GE Transportation Samsung IDI Hillwood 1

FOREIGN-TRADE ZONES (FTZ) • “A Foreign-Trade Zone is a restricted-access site, in or adjacent FOREIGN-TRADE ZONES (FTZ) • “A Foreign-Trade Zone is a restricted-access site, in or adjacent to a Customs port of entry” Regulations of the FTZ Board (19 CFR Part 400) • FTZ’s are considered “outside the US Customs Territory” • Foreign and domestic merchandise can be stored or manufactured before formal Customs entry procedures • FTZ’s are a trade program established by the US Congress in 1934 to create jobs and facilitate international trade in the US. 19 March 2018 Alliance Corridor, Inc. 2

Alliance Corridor, Inc. Domestic Shipments Duty Deferred Imported Products Held in FTZ Duty-Free FTZ Alliance Corridor, Inc. Domestic Shipments Duty Deferred Imported Products Held in FTZ Duty-Free FTZ Exported Products No US Duty Paid

FOREIGN TRADE ZONE US Customs -Foreign Status Goods -Customs Cleared Goods Warehouse – Without FOREIGN TRADE ZONE US Customs -Foreign Status Goods -Customs Cleared Goods Warehouse – Without FTZ Warehouse – Using FTZ 19 March 2018 Alliance Corridor, Inc. 4

FTZ STRUCTURE Foreign-Trade Zones Board U. S. Customs and Border Protection FTZ Grantee Operator FTZ STRUCTURE Foreign-Trade Zones Board U. S. Customs and Border Protection FTZ Grantee Operator User 19 March 2018 User Operator User Alliance Corridor, Inc. User 5

Benefits of FTZ • Defer Reduce or Eliminate Duty • Reduce Import Expense • Benefits of FTZ • Defer Reduce or Eliminate Duty • Reduce Import Expense • Manage Inventory Tax • Improve Supply Chain • Quota Management • Repair Labeling Errors • High Security. January 21, 2013 Alliance Corridor, Inc.

PART 400 -REGULATIONS OF THE US FOREIGN-TRADE ZONES BOARD § 400. 16 Exemption from PART 400 -REGULATIONS OF THE US FOREIGN-TRADE ZONES BOARD § 400. 16 Exemption from state and local ad valorem taxation of tangible personal property. Tangible personal property imported from outside the United States and held in a zone for the purpose of storage, sale, exhibition, repackaging, assembly, distribution, sorting, grading, cleaning, mixing, display, manufacturing, or processing, and tangible personal property produced in the United States and held in a zone for exportation, either in its original form or as altered by any of the above processes, shall be exempt from state and local ad valorem taxation. 19 March 2018 Alliance Corridor, Inc. 7

Alternative Site Framework Key Points • Improve importers’ access to the benefits of FTZs Alternative Site Framework Key Points • Improve importers’ access to the benefits of FTZs • Minor Boundary Modifications (MBM) are now called Usage-Driven Sites (UDS) • UDS boundary approval is from the FTZB (DC) • Activation approval is from local CBP • Faster approval (30 days) provides a competitive advantage for economic development • FTZ 196 ASF approved by FTZB on 10/19/2010 19 March 2018 Alliance Corridor, Inc. 8

9 GE IDI HLW 259 ac HLW 3 bldgs 9 GE IDI HLW 259 ac HLW 3 bldgs

GE Transportation • Manufacturer of locomotives and off-highway vehicles. • Inventory is 100% exempted GE Transportation • Manufacturer of locomotives and off-highway vehicles. • Inventory is 100% exempted by TFTE, so there is no negative impact to taxing revenues. ▫ ▫ ▫ Building Investment Building Size Employees Wage Rates Inventory Tax Effect 19 March 2018 $500 mm 1. 17 mm SF 650 Competitive mfg wages None (TFTE) Alliance Corridor, Inc. 10

IDI Spec Building • Building is empty and requests FTZ LONO to enhance the IDI Spec Building • Building is empty and requests FTZ LONO to enhance the marketability. ▫ Building Size 19 March 2018 730 k SF Alliance Corridor, Inc. 11

12 GE IDI 12 GE IDI

GE Transportation and IDI Spec Building 13 GE Transportation and IDI Spec Building 13

14 GE IDI HLW 259 ac HLW 3 bldgs 14 GE IDI HLW 259 ac HLW 3 bldgs

HILLWOOD BUILDINGS IN ALLIANCETEXAS AG 60 Vacating 06/2016 AG 55 Samsung-228 k sf Trican-82 HILLWOOD BUILDINGS IN ALLIANCETEXAS AG 60 Vacating 06/2016 AG 55 Samsung-228 k sf Trican-82 k sf Vacant AG 58 Vacating 06/2016 15

Hillwood AG 60 Building • Building will be vacated by Exel / Lego June Hillwood AG 60 Building • Building will be vacated by Exel / Lego June 2016 • Currently, AG 60 is designated as FTZ under the ASF program. When Exel / Lego vacates, AG 60 will lose the FTZ designation • Hillwood requests FTZ LONO on the building to enhance the marketability of the pending vacant space 19 March 2018 Alliance Corridor, Inc. 16

Hillwood AG 55 Building • Building is 360, 000 SF ▫ Samsung/Quiet. Side 227, Hillwood AG 55 Building • Building is 360, 000 SF ▫ Samsung/Quiet. Side 227, 500 SF ▫ Trican 50, 000 SF (no need for FTZ) ▫ Vacant 82, 500 SF • Samsung/Quiet. Side is requesting FTZ LONO ▫ ▫ Distributor of ductless air conditioners 80% of the savings come from US Customs benefits 90% of their inventory is tax exempt through TFTE Impact to the NWISD is approx $17, 500 / year • Hillwood requests FTZ LONO on the entire building to enhance the marketability of the vacant space 19 March 2018 Alliance Corridor, Inc. 17

Trican Samsung Trican Samsung

Hillwood AG 58 Building • Building is 175, 000 SF ▫ Animal Health ▫ Hillwood AG 58 Building • Building is 175, 000 SF ▫ Animal Health ▫ Thermadyne 175, 000 SF (no need for FTZ) 100, 000 SF (Vacating June 2016) • Hillwood requests FTZ LONO on the building to enhance the marketability of the pending vacant space 19 March 2018 Alliance Corridor, Inc. 19

AG 58 in ALLIANCETEXAS Animal Health AG 58 in ALLIANCETEXAS Animal Health

21 Hillwood Land in Northlake 259 acres 21 Hillwood Land in Northlake 259 acres

THANK YOU! Steve Boecking Vice President Alliance Corridor, Inc. 13600 Heritage Parkway Fort Worth, THANK YOU! Steve Boecking Vice President Alliance Corridor, Inc. 13600 Heritage Parkway Fort Worth, TX 76177 817. 224. 6050 steve. [email protected] com 19 March 2018 Alliance Corridor, Inc. FTZ Projects: GE Transportation Samsung IDI Hillwood 22