Learn more about relocating or expanding to West VirginiaWest Virginia business climate, manufacturer incentives, and advantages of WV communities |
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West Virginia Business Data*  Population: 1,819,777 Total Labor Force: 806,300 Unemployment Rate: 6.6% Number of Manufacturers: 1,668 Manufacturing Jobs: 65,334
Right to Work: No
Unemp. Ins. Tax: 1.5–8.5%
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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 10% Fabricated metal products 9% Lumber and wood 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 Quad/Graphics, Inc. (Martinsburg) - 1,300 |
Counties with the Most Manufacturing Jobs:
Kanawha - 9,459 Cabell - 7,477 Monongalia - 5,028 Hancock - 4,511 Wood - 4,202 Cities with the Most Manufacturing Jobs:
Huntington - 6,229 Morgantown - 4,541 Charleston - 3,775 Moorefield - 3,380 Martinsburg - 2,885 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:
West Virginia Department of Commerce
The Department seeks to promote and preserve the well-being of the citizens of West Virginia by providing a cooperative interagency system that stimulates diverse economic growth and increased employment opportunities and improves the safety and productivity of its work force.
Capitol Complex, Bldg. 6, Room 525, Charleston, WV 25305 (Map & Aerial View)
(800) 982-3386
www.wvcommerce.org
Charleston Area Alliance
The Charleston Area Alliance is a multi-faceted economic, business and community development organization, as well as the largest regional Chamber of Commerce in West Virginia.
1116 Smith Street, Charleston, WV 25301 (Map & Aerial View)
(304) 340-4253
www.charlestonareaalliance.org
Polymer Alliance Zone
The Polymer Alliance Zone, Inc. is a membership organization which includes both polymer and related industries. It seeks to expand the industrial base in Jackson, Mason, and Wood counties by adding multiple value to polymer businesses and related service companies that will provide increased quality job opportunities for West Virginians.
1 Polymer Way, Davisville, WV 26142 (Map & Aerial View)
(304) 428-1622
www.pazwv.org
Upshur County Development Authority
The Authority has been a leader in local development for more than twenty years, while the Upshur County Chamber of Commerce has more than 100 members and meets every week in support of community and business development.
99 Edmiston Way, Suite 102, Buckhannon, WV 26201 (Map & Aerial View)
(304) 472-1757
www.upshurda.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
West Virginia Industrial News:
West Virginia Manufacturing Jobs Decreased 1.3% Over The Past Year (9/10/2012)
West Virginia's Manufacturing Employment Remained Steady Over Past Year Reports Industrial Directory (8/29/2011)
State Manufacturers Directory Reports West Virginia Industrial Jobs Down 1.3% (8/22/2008)
West Virginia Industrial Directory Reports State Manufacturing Jobs Down 1.5% (8/14/2007)
Huntington Beats Charleston For Most Industrial Jobs According To West Virginia Manufacturers' Directory (8/21/2006)
West Virginia Manufacturing Jobs Decreased 1.3% Over The Past Year (9/10/2012)
West Virginia's Manufacturing Employment Remained Steady Over Past Year Reports Industrial Directory (8/29/2011)
State Manufacturers Directory Reports West Virginia Industrial Jobs Down 1.3% (8/22/2008)
West Virginia Industrial Directory Reports State Manufacturing Jobs Down 1.5% (8/14/2007)
Huntington Beats Charleston For Most Industrial Jobs According To West Virginia Manufacturers' Directory (8/21/2006)
Looking to reach West Virginia manufacturers? Access the West Virginia Manufacturers Database compiled by MNI.
*Manufacturing stats updated on 6/10/2013. All other stats updated on 5/17/2013. Listings updated on 6/19/2013.
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