Silicon Valley has earned another recognition, and one the region might prefer not to have. It has been singled out as one of the most expensive places worldwide for manufacturing medical devices. A study by Princeton, N.J.-based The Boyd Co. Inc. examined 55 locations in the U.S., Canada, Mexico and Latin America to compare costs of device manufacturing, and the San Jose/Palo Alto area tops the list. It had the highest overall costs in labor, power, land, taxes and shipping for an average 325-employee production plant.
