Chattanooga-Collegedale area is 2nd most cost-effective place in U.S. for food, beverage processing
The Chattanooga-Collegedale area is the second most cost-effective place in the nation for the food and beverage processing industry, a new study shows.
The Chattanooga area sits just behind the Florence-Myrtle Beach-Cheraw, S.C., region with an annual total operating cost of $22.8 million for a plant, according to a report by New Jersey-based location consultant The Boyd Co. Inc.
The South Carolina area came in lowest at $21.5 million in annual operating cost. Boston was highest in the study at $27.7 million annually.
The study focuses on 20 locations with current or emerging concentrations of food and beverage manufacturing and areas increasingly on The Boyd Co.'s radar for new investments.
By Mike Pare, Times Free Press Read More