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: 790,200
Unemployment Rate: 5.9%
Number of Manufacturers: 1,656
Manufacturing Jobs: 64,163
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% Chemicals and allied products
11% Industrial machinery and equipment
9% Fabricated metal products
9% Printing and publishing
9% Lumber and wood products

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
Quad/Graphics, Inc. (Martinsburg) - 1,300
 
Counties with the Most Manufacturing Jobs:
Kanawha - 9,315
Cabell - 7,697
Monongalia - 4,951
Hancock - 4,524
Wood - 4,104

Cities with the Most Manufacturing Jobs:
Huntington - 6,434
Morgantown - 4,464
Charleston - 3,631
Moorefield - 3,380
Martinsburg - 2,925

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

Wetzel County Chamber Of Commerce
We promote industrial, economic & commercial development by providing land & resources to increase quality job opportunities in Wetzel County & surrounding areas.
P.O. Box 271, New Martinsville, WV 26155 (Map & Aerial View)
(304) 455-3825
www.wetzelcountychamber.com



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



*Manufacturing stats updated on 3/18/2014. All other stats updated on 3/18/2014. Listings updated on 4/19/2014.

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