Search a title or topic

Over 20 million podcasts, powered by 

Player FM logo
Artwork

Content provided by Nick Goellner and Mike Payne. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nick Goellner and Mike Payne or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Player FM - Podcast App
Go offline with the Player FM app!

How Foreign Trade Zones Can Unlock Millions in Working Capital, Ep #31

40:21
 
Share
 

Manage episode 515202415 series 3608620
Content provided by Nick Goellner and Mike Payne. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nick Goellner and Mike Payne or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

When tariffs, trade policy, and cash flow collide, manufacturers are forced to think creatively—or risk being crushed by uncertainty. That's exactly where Mary Buchzeiger, CEO of Lucerne International and Lucerne Global Solutions, found herself. With skyrocketing tariffs on imported automotive components, Mary realized the solution wasn't to absorb the hit—it was to rewrite the playbook altogether.

In this episode of Buy the Numbers, we dig into how Mary leveraged a little-known financial and logistical strategy: the Foreign Trade Zone (FTZ). By turning Lucerne's Michigan facility into an FTZ, she found a way to defer duties, optimize cash flow, and even open up an entirely new revenue stream helping other companies do the same. The result? Over $5 million in freed-up working capital on a single program—and more than $500,000 in annual interest savings.

Mary walks us through the process of becoming an FTZ, the operational realities, and how manufacturers of all sizes can take advantage of it. From understanding customs audits to calculating real-world ROI, she breaks down the numbers in a way every manufacturing leader can understand.

This episode is part strategy, part inspiration—and all about how smart, scrappy thinking can turn financial chaos into competitive advantage.

You will want to hear this episode if you are interested in...
  • (0:00) Mary's philosophy: "Where there's chaos, there's opportunity"
  • (0:54) Mary Buchzeiger's background that led to founding Lucerne International
  • (3:04) Taking Lucerne global and learning through cycles of automotive highs and lows
  • (4:24) How tariffs pushed her to explore creative cash-flow solutions
  • (6:19) Why Verdant Commercial Capital is a true partner in your corner
  • (6:50) Understanding what a Foreign Trade Zone (FTZ) is (and how Lucern got it)
  • (6:10) How Lucerne became an FTZ and deferred millions in tariffs
  • (9:42) The financial impact: $5 million in freed-up working capital and interest savings
  • (11:52) Turning FTZ operations into a new business opportunity
  • (12:31) How the certification process works — from audit to activation
  • (15:45) Hidden savings: merchandise processing fees and weekly entry summaries
  • (17:46) How Lucerne now helps other manufacturers with warehousing and FTZ setup
  • (20:57) Grow your top and bottom line with CliftonLarsonAllen (CLA)
  • (21:35) Which companies benefit most: importers with long payment cycles
  • (24:14) Lucerne's new FTZ savings calculator for manufacturers
  • (26:08) The difference between FTZs, bonded warehouses, and free trade zones
  • (29:14) Other ways FTZs can significantly positively impact your business
  • (30:47) The importance of creative, adaptable thinking in manufacturing
  • (36:35) Small financial adjustments that create massive long-term value
  • (39:26) Check out the SMW Autoblok catalog
Resources & People Mentioned Connect with Mary Buchzeiger Connect With Buy the Numbers

Subscribe to Buy the Numbers

on Apple + Spotify

  continue reading

32 episodes

Artwork
iconShare
 
Manage episode 515202415 series 3608620
Content provided by Nick Goellner and Mike Payne. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nick Goellner and Mike Payne or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

When tariffs, trade policy, and cash flow collide, manufacturers are forced to think creatively—or risk being crushed by uncertainty. That's exactly where Mary Buchzeiger, CEO of Lucerne International and Lucerne Global Solutions, found herself. With skyrocketing tariffs on imported automotive components, Mary realized the solution wasn't to absorb the hit—it was to rewrite the playbook altogether.

In this episode of Buy the Numbers, we dig into how Mary leveraged a little-known financial and logistical strategy: the Foreign Trade Zone (FTZ). By turning Lucerne's Michigan facility into an FTZ, she found a way to defer duties, optimize cash flow, and even open up an entirely new revenue stream helping other companies do the same. The result? Over $5 million in freed-up working capital on a single program—and more than $500,000 in annual interest savings.

Mary walks us through the process of becoming an FTZ, the operational realities, and how manufacturers of all sizes can take advantage of it. From understanding customs audits to calculating real-world ROI, she breaks down the numbers in a way every manufacturing leader can understand.

This episode is part strategy, part inspiration—and all about how smart, scrappy thinking can turn financial chaos into competitive advantage.

You will want to hear this episode if you are interested in...
  • (0:00) Mary's philosophy: "Where there's chaos, there's opportunity"
  • (0:54) Mary Buchzeiger's background that led to founding Lucerne International
  • (3:04) Taking Lucerne global and learning through cycles of automotive highs and lows
  • (4:24) How tariffs pushed her to explore creative cash-flow solutions
  • (6:19) Why Verdant Commercial Capital is a true partner in your corner
  • (6:50) Understanding what a Foreign Trade Zone (FTZ) is (and how Lucern got it)
  • (6:10) How Lucerne became an FTZ and deferred millions in tariffs
  • (9:42) The financial impact: $5 million in freed-up working capital and interest savings
  • (11:52) Turning FTZ operations into a new business opportunity
  • (12:31) How the certification process works — from audit to activation
  • (15:45) Hidden savings: merchandise processing fees and weekly entry summaries
  • (17:46) How Lucerne now helps other manufacturers with warehousing and FTZ setup
  • (20:57) Grow your top and bottom line with CliftonLarsonAllen (CLA)
  • (21:35) Which companies benefit most: importers with long payment cycles
  • (24:14) Lucerne's new FTZ savings calculator for manufacturers
  • (26:08) The difference between FTZs, bonded warehouses, and free trade zones
  • (29:14) Other ways FTZs can significantly positively impact your business
  • (30:47) The importance of creative, adaptable thinking in manufacturing
  • (36:35) Small financial adjustments that create massive long-term value
  • (39:26) Check out the SMW Autoblok catalog
Resources & People Mentioned Connect with Mary Buchzeiger Connect With Buy the Numbers

Subscribe to Buy the Numbers

on Apple + Spotify

  continue reading

32 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Copyright 2025 | Privacy Policy | Terms of Service | | Copyright
Listen to this show while you explore
Play