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.
Prototype Plastics Facility in Greater Hazleton
Jobs – 225
Building size – 175,000 SF
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
| Plastics Industry Prototype Facility Annual Operating Costs |
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| 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 | $10,635,544 | $495,444 | $80,400 | $2,055,555 | $1,182,009 | $14,448,952 |
| Allentown/Bethlehem, PA | $11,291,767 | $495,444 | $127,200 | $2,218,555 | $1,319,333 | $15,452,299 |
| Philadelphia, PA | $12,350,001 | $422,412 | $147,000 | $2,480,775 | $1,623,954 | $17,024,142 |
| Newark, NJ | $12,757,923 | $702,120 | $157,800 | $2,695,341 | $1,723,737 | $18,036,921 |
| New Brunswick, NJ | $12,988,488 | $702,120 | $157,800 | $2,615,287 | $1,620,913 | $18,084,608 |
| Rochester, NY | $11,812,016 | $613,800 | $91,200 | $2,101,469 | $1,491,217 | $16,109,702 |
| Long Island, NY | $12,858,426 | $796,754 | $178,800 | $2,738,715 | $2,141,017 | $18,713,712 |
| White Plains/Westchester County, NY | $12,604,213 | $1,034,460 | $178,800 | $2,861,482 | $1,942,560 | $18,621,515 |
| Source:
The Boyd Company, February 2017
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