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One S. Church Street, Suite 200, Hazleton, PA 18201
p: 570.455.1508   f: 570.454.7787

Cost of Doing Business

Lower Operating Costs

In a 2017 independent, verified study, researched and prepared by The Boyd Company, Inc., major operating costs scaled to a representative food processing plant are presented for a series of eleven comparative production sites in the United States.  

Findings are summarized and show total annual operating costs ranging from a high of $31.6 million in Long Island, NY, to a low of $25 million in the Hazleton/Wilkes Barre/Scranton, PA, area.

Prototype Food Processing Facility in Greater Hazleton

Jobs - 350

Building size - 225,000SF

Utilities - Annual costs reflect industrial rate schedules of the respective local electric utilities serving each area. Natural gas costs are based on an assumed monthly consumption of industrial-use gas.

Source: The Boyd Company, May 2017

 

foodprocessingchart2017

Food Processing (Manufacturing) Industry Prototype Facility
Annual Operating Costs
Metro Area Total Labor Costs Electric Power Costs Natural Gas Power Costs Amoritzation Costs Property and Sales Tax Cost Total Operating Cost
Hazleton/Wilkes-Barre/Scranton, PA $20,958,413 $495,444 $120,600 $2,285,403 $1,140,227 $25,000,087
Philadelphia, PA $24,315,070 $422,412 $220,500 $2,744,732 $1,546,608 $29,149,322
Lancaster County, PA $22,006,794 $495,444 $190,800 $2,391,255 $1,251,076 $26,335,369
Allentown/Bethlehem, PA $22,218,309 $495,444 $190,800 $2,464,492 $1,298,915 $26,667,960
Poughkeepsie/Hudson Valley, NY $24,517,389 $519,252 $316,800 $2,462,246 $1,605,453 $29,421,140
Long Island, NY  $25,363,451  $796,754  $268,200  $3,067,004  $2,143,127  $31,638,536 
Newark/North Jersey, NJ $12,757,923 $702,120 $157,800 $2,695,341 $1,723,737 $18,036,921
Camden/South Jersey, NJ $23,680,524 $702,120 $250,200 $2,620,212 $1,507,272 $28,760,328
Boston, MA $23,892,039 $998,868 $358,800 $2,800,800 $1,459,030 $29,509,537
 Baltimore, MD $22,843,659  $819,754  $250,220  $2,276,244  $1,049,696  $27,239,553 
Chicago, IL $23,266,690 $627,156 $235,800 $2,602,004 $1,743,880 $28,475,530
Source:
The Boyd Company, May 2017

 

A copy of the complete Comparative Cost Analysis Report can be downloaded here.

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