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Expand or Relocate to West Virginia
      

West Virginia Business Data

Relocate or Expand to West Virginia

WV business climate, manufacturer incentives, and advantages of local communities

Business Data for West Virginia


Population
1,819,777

Total Labor Force
780,399

Unemployment Rate
5.1%

# Manufacturers
1,446

Manufacturing Jobs
58,969

Right to Work
Yes

Unemp. Insurance Tax
1.5–8.5%


Manufacturing stats updated on 3/6/2018. All other data updated on 11/13/2017. IndustryNet is not responsible for errors or omissions.
 
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 Mfg. Industries
(by # of employees)
13% Chemicals and allied products
12% Industrial machinery and equipment
10% Lumber and wood products
9% Fabricated metal products
9% Primary metal industries

Largest Mfg. Employers
(by # of employees)
Mylan Pharmaceuticals Inc., Div. Of Mylan (Morgantown) - 2,600
Pilgrim's Corp. (Moorefield) - 2,000
Toyota Motor Mfg., West Virginia, Inc. (Buffalo) - 1,600
Quad/Graphics, Inc. (Martinsburg) - 1,200
Alliant Techsystems Operations, LLC (Rocket Center) - 1,200
 
Counties with the Most Mfg. Jobs
Kanawha - 8,089
Cabell - 7,160
Monongalia - 4,923
Wood - 3,839
Hancock - 3,824

Cities with the Most Mfg. Jobs
Huntington - 5,916
Morgantown - 4,695
Moorefield - 3,645
Charleston - 3,170
Wheeling - 2,786

Mfg. 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 & businesses available to assist with your relocation to or from West Virginia

Topeka, KS
Striving to recruit new business & help companies expand in Kansas
Are you an economic development agency, chamber of commerce, or other organization in the business of helping companies relocate or expand? List your organization here and connect with growing businesses!
 
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