Fabricated Metal Products Study Updated
Compared to the 15 alternative states, Nebraska is found to offer an annual savings of $305,707 in labor-related costs, which is 11.1 percent less than the average labor costs for the other states...
Manufacturers of Fabricated Metal Products StudyAdvantages: Compared to the 15 alternative states, Nebraska is found to offer an annual savings of $305,707 in labor-related costs, which is 11.1 percent less than the average labor costs for the other states.
This study also concludes that a Nebraska plant location offers a significant energy cost advantage when compared to the average cost of the other 15 states. Industrial electric rates in the alternative states average 15.9 percent higher, and the average industrial gas rate is 18.7 percent more. Combining these advantages, Nebraska’s energy cost for the model plant is 14.4 percent less than the average for the other 15 alternative locations.
Together, Nebraska’s annual labor and energy
costs for the model plant are $342,213, or
For further detail or to download a copy, visit http://sites.nppd.com/targeting.asp#study6.
To view other Nebraska articles, please visit the online version of the Nebraska Industrial Overview.
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