312-221-1115

ZETHMAYR AFFILIATES WITH CAWLEY CHICAGO TO OFFER REAL-ESTATE BROKERAGE SERVICES

Zethmayr adds real-estate brokerage to client services; Cawley expands geographic reach and enhances site selection and incentive negotiation services

 

Rockford and Oakbrook, IL (July 8, 2019) – Zethmayr LLC, a site selection and incentive negotiation services firm headquartered in Rockford, IL is now an affiliate of Cawley Chicago, a group of highly experienced real-estate brokers and property managers headquartered in Oakbrook, IL. This partnership will allow Zethmayr to offer real estate brokerage services through Cawley Chicago and Zethmayr will enhance the site selection and incentive negotiation services offered by Cawley Chicago. The companies remain independent, while Carrie Zethmayr serves as Vice President, Consulting Division and licensed real estate broker for Cawley Chicago as an independent contractor.

Since 1998, the mission of Cawley Chicago has stayed the same: To make a difference in people’s lives professionally and personally through creating integrity-based relationships. With a flat organizational structure and a fully collaborative team, Cawley Chicago seeks to understand the vision of its institutional and private clients for their office, medical and industrial decisions.  Using a proprietary four-stage process, Cawley reduces deal times by up to 20% by maintaining the exchange of information in a responsive, accountable, and customized environment leveraging and integrating diverse levels of expertise, educational backgrounds and experience.

Zethmayr provides site selection and incentive negotiation services for industrial clients. Earning our clients’ trust in our market intelligence, guidance and confidentiality is our top priority. Our market-validated, localized intelligence ensures clients establish operations at a site that optimizes long-term operating costs, fits with corporate strategy and values, and provides a mutually beneficial partnership with a community. With over 10 years of experience in location strategy, Carrie Zethmayr, president of Zethmayr, has facilitated over $1 billion of capital investment into the United States, while negotiating over $120 Million in financial incentives on behalf of those companies.

Within the Cawley Chicago team, Zethmayr will focus on building opportunities along the I-90 and I-39 Corridors of Northwest Illinois and Southern Wisconsin, while serving Cawley Chicago’s other geographic territories with focused services in site selection and incentive negotiation.

The non-exclusive relationship allows Zethmayr to continue to provide site selection and incentive negotiation services in real-estate transactions outside of Cawley Chicago. Zethmayr also continues to serve as administrator of Foreign-Trade Zone #176.

Commercial and industrial companies seeking new or expanded real estate are encouraged to contact Carrie Zethmayr at 312-221-1115 or carrie@zethmayr.comczethmayr@cawleychicago.com.  

CARRIE ZETHMAYR HONORED AS 2019 WOMAN BUSINESS LEADER OF TOMORROW

The Rockford Chamber of Commerce honored Carrie Zethmayr, President and Partner of Zethmayr LLC as the “2019 Woman Business Leader of Tomorrow” at its annual Women in Business Expo & Luncheon in Rockford, Illinois.

Contact us to learn more about how to build the most effecient facility for your manufacturing process and how we can help improve your bottom line.

TOP FIVE REASONS TO BECOME AN FTZ

Manufacturers in Northern Illinois can now apply to become a Foreign Trade Zone (FTZ) or subzone through the Greater Rockford Airport Authority. An FTZ site is a specific geographic area, typically an industrial building that is considered to be outside of U.S. Customs Territory. It helps reduce the cost of manufacturing, making domestic manufacturing more cost competitive than overseas production. In essence, an FTZ creates a level playing field that allows companies in our region to compete effectively in the global economy. Many local manufacturers are taking advantage of the savings and convenience of using an FTZ.

Could an FTZ increase your company’s profitability? If any of the scenarios below apply to you, it may be worth pursuing a feasibility study to learn if an FTZ could be beneficial to your company.

1.You import significant volumes of dutiable merchandise.
If you’re not using any duty deferral or reduction tools, you are paying tariffs when your imports are processed at the port-of-entry. Regardless of the final use or customers, you have no control over the timing of the payment of the import tariff. A Foreign Trade Zone allows you to defer the payment of the import duty until the time when the imported product leaves your facility, entering U.S. customs territory.

2.The timeline for receiving your imports is important for your business model.
Imported merchandise can sit for multiple days at a port-of-entry while awaiting customs processing. Inspections can add further delays, and strikes of port worker unions are an ongoing risk. An FTZ eliminates the risk of delays to your shipments because the product comes directly to your facility, bypassing customs at the port-of-entry.

3.Your imports are regulated by federal agencies such as the Food & Drug Administration (FDA).
The FDA and other regulatory agencies forbid certain imports into U.S. customs territory if they do not meet various health and safety requirements. An FTZ enables companies to import products and then modify them into final products that meet regulatory requirements. In this way, companies can supply a final product to the U.S. market that meets federal regulations using imports that otherwise wouldn’t be allowed in the U.S. market.

4.You manufacture a product that has a lower duty rate than its imported components.
If you are paying high duty rates on parts that are incorporated into your finished product, you may be able to reduce those payments by paying only the duty on the final product, rather than the duty on the imported components. This is called the “inverted tariff benefit” of the FTZ program, and it’s achieved by receiving production authority from the National FTZ Board.

5.A significant portion of your imports are never sold to the U.S. market.
If a large portion of your imports are re-exported or scrapped as waste, you can eliminate the tariff due on the imported components that are never sold to the U.S. market.

To learn more about how an FTZ #176 could benefit your company or to request a no-cost feasibility analysis, contact FTZ Administrator Carrie Zethmayr at 312-221-1115 or carrie@zethmayr.com.