West Virginia Department of Commerce Expanding or Locating in West Virginia

Recent Pages: HR Assistance»Technical...»Business...» Expanding or...
 

Expanding or Locating in West Virginia



West Virginia’s Top 10

  1. Growing: Since 2005, West Virginia has seen $18.3 billion in new business investments.
  2. Ranked: West Virginia is one of only four states to be awarded an “A” by the Cato Institute’s Fiscal Policy Report Card on America’s Governors: 2010.  The report found that the state’s economy has done well under its fiscal policies of business tax cuts.
  3. Central: West Virginia is within overnight trucking distance of more than half of the U.S. population – and a third of the Canadian population.
  4. Profitable: West Virginia moved up 20 places in Forbes’ “Business Costs” category in the magazine’s annual ranking of the “Best States for Business.”  West Virginia ranked 5th in 2010.
  5. Productive: The state’s skilled workers are among the most productive in the U.S. – with manufacturing turn-over rates among the lowest in the country.
  6. Global: Investments from 28 countries has created more than 22,000 jobs in West Virginia. Plus, the state’s exports grew by nearly 40% percent last year – leading the nation in percentage of growth.
  7. Affordable: West Virginia’s cost of living is 5.6 percent lower than the national average.
  8. Popular: More than 13 million overnight leisure travelers visit the Mountain State annually.  Travel spending by overnight and day visitors to the state reached $4.27 billion in 2010.
  9. Safe: The state has one of the lowest crime rates in the country.
  10. Home: Low property taxes help West Virginia lead the nation in home ownership. Here, the same money buys a much larger home than in other metro areas.
Business Climate Brochure
Business Climate Brochure

During the last several years, West Virginia has produced a positive business climate for new and expanding companies that want to create good jobs in West Virginia.