Study outlines comparative cost of food processing
The Boyd Co., Inc., Princeton, N.J., completed a site selection study that compares the cost of operating a food processing plant in a series of 30 markets in the United States.
The report focused on cities housing major concentrations of food and beverage processing operations. Annual operating costs were projected solely for comparative purposes, with only major geographically-variable factors being considered. Those costs not varying significantly with geography, including relocation and start-up expenses, were not considered. The analysis also focuses on those key cost elements most pivotal within the food processing industry site selection process, such as labor, real estate, power, taxes and others.