Cost of Doing Business
Lower Operating Costs
Among the number of advantages, none is more beneficial to a business’ bottom line than the low operating costs combined with the strategic location of our community.
In an independent, verified analysis researched and prepared by The Boyd Company, a international independent location consulting firm that compared annual operating costs for a typical Northeastern Pennsylvania plastics manufacturing facility with annual costs for the same facility in other in communities within Pennsylvania as well as New York and New Jersey, findings show that Greater Hazleton holds a clear financial advantage compared to those states.
Statistics for a Prototype Plastics Facility in Greater Hazleton
In the report, which is linked below, overall costs were scaled to a hypothetical 225,000 sq. ft. production facility employing 350 workers. The report is designed to be a useful cost-comparison tool for a range of industry sectors.
Note: 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, February 2017