West Virginia Department of Commerce Expanding or Locating in West Virginia

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Expanding or Locating in West Virginia

West Virginia’s Top 10

1. Growing: Since 2005, West Virginia has seen more than $22 billion in new business investments.

2. Reduction: West Virginia removed approximately $165 million of business tax burden in FY 2013 and more than $482 million during the past seven years.  

3. Central: A strategic location within an eight-hour drive to more than half the U.S. population and more than one-third of the Canadian market.

4. Profitable: West Virginia’s cost of doing business is nearly 14 percent below the U.S. average and ranks 12th best in the economic climate category. 

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 30 countries has created more than 26,000 jobs in West Virginia. Plus, in 2013, West Virginia exports reached the third highest value in state history with a total of more than $8.4 billion.

7. Popular: More than 15 million overnight leisure travelers visit the Mountain State annually.

8. Affordable: West Virginia’s cost of living is 14 percent lower than the national average.

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.

West Virginia Development Assistances
West Virginia Development Assistances

Locating a business in West Virginia makes good business sense. It is the reason more than $20 billion worth of new business investments have been made in the state’s economy since 2005.
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.