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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
780,692

Unemployment Rate
6.2%

# Manufacturers
1,503

Manufacturing Jobs
60,690

Right to Work
No

Unemp. Insurance Tax
1.5–8.5%


Manufacturing stats updated on 6/29/2016. All other data updated on 6/29/2016. 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)
12% Chemicals and allied products
12% Industrial machinery and equipment
10% Lumber and wood products
9% Fabricated metal products
9% Printing and publishing

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) - 1,500
Quad/Graphics, Inc. (Martinsburg) - 1,200
Alliant Techsystems Operations, LLC (Rocket Center) - 1,200
 
Counties with the Most Mfg. Jobs
Kanawha - 8,674
Cabell - 7,190
Monongalia - 4,921
Hancock - 4,432
Wood - 3,861

Cities with the Most Mfg. Jobs
Huntington - 5,944
Morgantown - 4,691
Charleston - 3,509
Moorefield - 3,400
Wheeling - 2,715

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
Machinery Movers & Riggers-Heavy Haulers-Installers-Millwrights
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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