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|Gov. Rick Scott tours Zimmer Biomet in Palm Beach Gardens. (Jeff Ostrowski/The Palm Beach Post)|
Palm Beach County is the cheapest place in the developed world to run a medical device plant, according to a study by The Boyd Co., a location consultant in Princeton, New Jersey.
The Boyd Co. estimated the cost of running a hypothetical 100,000-square-foot plant with 100 workers in 29 locations in Europe and North America. The annual budget ranges from a high of $10.9 million in Munich to a low of $3.6 million in cities along the Mexican side of the U.S. border.
In Palm Beach County, running a plant would cost $6.8 million. Predictably, that’s cheaper than Copenhagen, London and San Francisco. Surprisingly, Palm Beach County also is less expensive than Indianapolis and Dublin, Ohio.