Food Processing Industry
| Get your food processing plant to a better state! |
Upcoming Tradeshow
Join us at the Worldwide Food Expo in Chicago, IL, October 24-27, 2007, Booth #N119.
For further information on the expo, visit www.cmgexpo.com/wwfe.
Food Processing Study Available
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(May 2007) Generally applicable for the Food Processing industry as a whole (NAICS 311),
Approx. 47 pages.
Model Plant Size: 50 employees, NAICS 311 Study Size: 16 states. Besides Nebraska, these states include those currently having the largest production in the industry as well as other states near Nebraska with which the state typically competes for industrial location projects. |
Advantages: If located in Nebraska, the model plant has a significant labor cost advantage over most of the alternative locations. When compared to the average labor costs for the 15 alternative locations, Nebraska's annual labor cost advantage is $348,027 or 13.9 percent lower.
Electric rates in the 15 alternative states average 60.2 percent above those in Nebraska. The average industrial gas rate in the other locations is 15.3 percent more than the Nebraska rate. When compared to the average total energy annual cost for the other plant sites, the energy cost for the Nebraska model plant is 27.1 percent lower, translating into an average annual savings of $115,855.
The combined annual labor and energy costs for Nebraska are $463,882 lower than the average
of the other locations, or 15.8 percent less than the average annual labor and energy
costs for the 15 alternative states.
Assistance With Your Project
As always, Nebraska Public Power District's professional staff of economic development consultants are available to assist with your project needs. Please contact us today - all contacts are confidential.
Call: (800) 282-6773
Email: econdev@nppd.com