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)
|
