Learn more about relocating or expanding to West Virginia

West Virginia business climate, manufacturer incentives, and advantages of WV communities

Relocate or Expand to West Virginia - U.S. Industrial Expansion & Relocation Guide for Manufacturing Companies - Learn more about the West Virginia business climate, manufacturer incentives, and advantages of WV communities. Helping decision makers at U.S. manufacturing establishments find new locations to relocate or expand.
West Virginia Business Data*

West Virginia

Population: 1,819,777
Total Labor Force: 806,800
Unemployment Rate: 6.3%
Number of Manufacturers: 1,615
Manufacturing Jobs: 64,763
Right to Work: No
Unemp. Ins. Tax: 1.58.5%
 
Corporate Income Tax:
8.5%. Scheduled reduction will lower rate to 6.5% by 2014.

Sales Tax:
6%. Sales of goods and service to a manufacturer for direct use in manufacturing are exempt.

Property Tax:
Industrial property is valued by a State Board or agency. On average, property is taxed on 60% of its assessed value.

Leading Manufacturing Industries:
(by % of total manufacturing employment)
12% Industrial machinery and equipment
12% Chemicals and allied products
9% Lumber and wood products
9% Fabricated metal products
9% Printing and publishing

Largest Manufacturing Establishments:
(by number of employees)
Mylan Pharmaceuticals Inc., Div. Of Mylan (Morgantown) - 2,600
Pilgrim's Corp. (Moorefield) - 2,000
Consol Energy - Ohio Valley Operations (Moundsville) - 1,482
Tactical Compulsion & Ordnance (Rocket Center) - 1,300
Toyota Motor Mfg., West Virginia, Inc. (Buffalo) - 1,300
 
Counties with the Most Manufacturing Jobs:
Kanawha - 9,431
Cabell - 7,692
Monongalia - 5,780
Hancock - 4,507
Wood - 3,868

Cities with the Most Manufacturing Jobs:
Huntington - 6,399
Morgantown - 5,294
Charleston - 3,646
Moorefield - 3,410
Martinsburg - 2,834

Manufacturing Related Business Incentives:
West Virginia Jobs Investment Trust (WVJIT) Venture Capital Fund
Export Promotion Program
Procurement Assistance
State Microloan Program
Linked Deposit Program
Research and Commercialization Assistance Grant Program
Governor's Guaranteed Workforce Program
Strategic Research and Development Tax Credit
High Growth Business Investment Tax Credit
Chemical Alliance Zone (CAZ)
Polymer Alliance Zone (PAZ)


Economic development agencies, chambers of commerce, and other organizations and businesses to help with your relocation or expansion:

Summersville Area Chamber of Commerce
Our growing is showing.
P.O. Box 567, Summersville, WV 26651 (Map & Aerial View)
(304) 872-1588
www.summersvillechamber.com



Looking to reach West Virginia manufacturers? Access the West Virginia Manufacturers Database compiled by MNI.



*Manufacturing stats updated on 6/20/2014. All other stats updated on 6/20/2014. Listings updated on 7/23/2014.

a service of Manufacturers' News, Inc. - directories & databases since 1912