The experienced RIDC staff of engineers can provide overview and supervision of infrastructure construction including road and utility design and placement.
RIDC has an experienced and talented team of architects and engineers to assist you and your business in the design, development, and construction of your business space. Working closely with local and state officials on a wide variety of projects has afforded our team the opportunity to establish strong partnerships and relationships with top decision makers.
RIDC can coordinate available financing programs for eligible companies. The programs available encompass local, state, and federal sources and include grants, loans, and bond issues. Financing is available for environmental assessment, environmental remediation, infrastructure construction, building construction, equipment, and working capital.
Under a grant issued by the Foreign-Trade Zone Board of the U.S. Department of Commerce, RIDC is grantee of Foreign Trade Zone #33.
Foreign-Trade Zone #33 was established to attract and promote international trade and commerce in western Pennsylvania. The zone provides a secure and 'neutral' area outside the U.S. Customs territory. Users may bring certain products into the Zone under bond without formal Customs entry, payment of Customs duties or government excise taxes.
When these products leave the Zone to enter the domestic marketplace, all applicable customs duties must be paid. If the products are exported out of the country then no duty or taxes are ever paid on them. You can contact RIDC to find out if your company would qualify for this duty deferral/duty savings federal program.The Foreign-Trade Zone or FTZ program is a widely utilized import program but it is poorly understood by those not directly involved in its use. Very simply put, for the purposes of tariff laws and Customs entry procedures, FTZ’s are considered to be outside of the Customs Territory of the United States. Under specific FTZ procedures foreign merchandise may be admitted into a zone without being subject to formal Customs entry procedures, the payment of Customs duties or the payment of federal excise taxes. When it is time to remove merchandise from the FTZ, if it is sent back out of the US no duties are ever paid on the imported products. If formal entry into the US commerce is made then the duties and taxes are paid at the of time entry. If manufacturing has occurred then the importer has the choice of paying the duties on the products they imported or on the end product.
The majority of RIDC development projects involve flexible, multiple-occupancy buildings to accommodate new and established businesses. This concept enables small and growing companies to locate in space that affords convenient expansion for business growth.
Industrial Park Network is a network of strategically located properties developed by RIDC. These properties offer land which is available for free standing projects as well as move-in condition, multi-occupancy buildings. Each project constructed within the system is subject to recorded development standards and use restrictions.