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Aerospace

 

Soaring Opportunity

The aerospace industry is a dynamic, emerging economic sector in West Virginia. From up-and-coming high-tech innovators to established titans of the industry, the state's growing cluster of aerospace companies is fueled by an array of advantages. Higher profitability, lower labor costs and utility savings in combination with a reliable supply of experienced industry workers. West Virginia provides strategic access to the top domestic purchasing sectors of aerospace products and to national defense contractors, corporations, the federal government and other industrial customers and suppliers. A West Virginia-based company will find a plentiful supply of primary and fabricated metal products, essential raw materials for the aerospace industry.

 

 

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Aerospace Industry Leaders in West Virginia

Strategic Location

Accessible to top domestic purchasing sectors and national defense contractors, corporations, federal government and other customers and suppliers vital to the aerospace industry. Proximity to aerospace original equipment manufacturers based throughout the South, such as Boeing, AirBus, Lockheed Martin and Gulfstream.

 

World-class workforce with turnover rate
below national average and tied for
3rd-lowest for manufacturing.

Pro-business tax-climate with no new
business taxes in the last 20 years.
Business franchise tax eliminated in 2015.

Fiscally responsible state government with
Fitch credit rating AA+ for general debt
obligation and overall stable outlook

Low cost of living 14% lower than
national average with safe communities
and unparalleled outdoor
recreation opportunities

Electricity rates more than 33% lower
than the national average

Employers have saved more than
$280 million since the state privatized the
Worker's Compensation fund in 2006

Cost of doing business 14% below the
national average

 

 

 

 

Raw Materials

Abundant supply of primary, fabricated, and composite metal products essential to the aerospace industry through companies located in the state and the region, such as Constellium, Precoat Metals and ArcelorMittal.

 

Transportation

West Virginia is connected to the East Coast and Continental United States by highways, railways and navigable waterways. The new Heartland Intermodal Gateway provides clearance for double-stack rail cars from Roanoke, Virginia, through southern West Virginia to Chicago.

 

Training and Education

Institutions partner with industry to equip workers with needed industry-specific skills and know-how. The Robert C. Byrd National Aerospace Education Center - acomponent of the Fairmont State University School of Technology in Bridgeport - offers an associate degree in aviation maintenance technology and bachelor's degrees in aviation technology and aviation administration. The West Virginia University Mechanical and Aerospace Engineering program offers degrees through the doctorate level to prepare workers for careers in the aerospace industry and in government research, as well as in military missionoriented agencies.

 

Aircraft Valuation Business Tax

A reduction in the assessed value of all aircraft owned or leased by commercial airlines, charter carriers, private carriers and private companies is provided for property tax purposes, reducing qualified property tax obligations up to 95 percent.

Fulfillment Distribution

 

Logistical Advantage

West Virginia is home to distribution and fulfillment centers for renowned companies. The Mountain State delivers the logistical and operational advantages these successful businesses seek. A highly skilled workforce combined with low energy costs and a strategic location are the key reasons companies have created a base of operations in West Virginia. In addition to major highways I-79, I-77, I-64 and I-70, the Eastern Panhandle sits on the I-81 corridor. West Virginia is within overnight reach of 74 percent of the U.S. polyols market and 79 percent of the country's auto body, part manufacturing and assembly plants, making it the perfect location.

 

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Fulfillment Distribution Industry Leaders in West Virginia

 

Strategic Location

West Virginia is within easy range - eight hours if you drive, faster if you fly - of half the U.S. population and a third of the Canadian market.

In addition to major highways I-79, I-77, I-64 and I-70, the Eastern Panhandle sits on the I-81 corridor. Airports and railroads provide additional options for efficient distribution and shipping of products to customers.

 

World-class workforce with turnover rate
below national average and tied for
3rd-lowest for manufacturing.

Pro-business tax-climate with no new
business taxes in the last 20 years.
Business franchise tax eliminated in 2015.

Fiscally responsible state government with
Fitch credit rating AA+ for general debt
obligation and overall stable outlook

Low cost of living 14% lower than
national average with safe communities
and unparalleled outdoor
recreation opportunities

Electricity rates more than 33% lower
than the national average

Employers have saved more than
$280 million since the state privatized the
Worker's Compensation fund in 2006

Cost of doing business 14% below the
national average

 

Educational and Training Resources

Educational/vocational institutions partner with industry to offer customized training programs. The Governor's Guaranteed Work Force Training Program offers assistance to eligible companies to support industry-specific custom technical and knowledge upgrade training.

 

 

 

 

Employer-friendly Business Climate

Thanks to aggressive pro-business legislation, we offer some of the lowest worker's compensation rates in the country.

 

Pro-growth Tax Reforms

The state has reduced taxes such as the Corporate Net Income Tax and gradually eliminated others, including the Business Franchise Tax.

 

Transportation

West Virginia is connected to the East Coast and Continental United States by highways, railways and navigable waterways. The new Heartland Intermodal Gateway provides clearance for double-stack rail cars from Roanoke, Virginia, through southern West Virginia to Chicago.

 

Qualified and Available Workforce

Thousands of highly skilled and experienced technical workers are available and ready to work. Unique education/industry partnerships create customizable programs to equip workers with industry-specific skills and know-how.

 

Quality of Life

The cost of living is low and the quality of life is high, with safe communities and outdoor recreation opportunities that include biking, hiking, golfing, skiing and whitewater rafting.

 

Research & Technology

Uncommon capabilities can be found at groups such as Mid-Atlantic Technology, Research and Innovation Center (MATRIC); and the Robert C. Byrd Institute for Advanced Flexible Manufacturing (RCBI), which includes the nationally-certified RCBI Machinist Technology Program. The RCBI Machinist Technology program meets standards set by the National Institute for Metalworking Skills (NIMS). These skills combined with many technical programs and partnerships help build a ready workforce.

Building Products

 

A Solid Foundation

West Virginia's building products industry, with hardwood products leading the way, has the workforce skills, building materials and support services the construction industry needs to build a solid foundation for success. With 11.9 million forested acres, West Virginia is the third most forested state in the nation. The state also has abundant resources such as coal and limestone for making cement. The many coal-fired power plants found in West Virginia create opportunities for companies manufacturing wallboard. Mix those assets with a focus on higher education resources and the West Virginia Wood Technology Center provides training programs in advanced wood manufacturing technologies and you have a state ready to help build for the future.

 

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Building Products Industry Leaders in West Virginia

 

Strategic Location

West Virginia is within easy range - eight hours if you drive, faster if you fly - of half the U.S. population and a third of the Canadian market.

 

World-class workforce with turnover rate
below national average and tied for
3rd-lowest for manufacturing.

Pro-business tax-climate with no new
business taxes in the last 20 years.
Business franchise tax eliminated in 2015.

Fiscally responsible state government with
Fitch credit rating AA+ for general debt
obligation and overall stable outlook

Low cost of living 14% lower than
national average with safe communities
and unparalleled outdoor
recreation opportunities

Electricity rates more than 33% lower
than the national average

Employers have saved more than
$280 million since the state privatized the
Worker's Compensation fund in 2006

Cost of doing business 14% below the
national average

 

Educational, Training and Economic Development Support

The West Virginia Wood Technology Center provides training programs in advanced wood manufacturing technologies. The state's educational institutions offer associate and bachelor's degree programs in forestry related subjects.

 

Qualified Workforce

Thousands of highly skilled and experienced technical workers are available and ready to work. Unique education/industry partnerships create customizable programs to equip workers with industry-specific skills and know-how.

 

 

 

 

Industry Resources

The state's educational institutions offer associate and bachelor's degree programs in forestry-related subjects. Many associations working to advance the building product industry include the Builders Supply Association of West Virginia, Hardwood Alliance Zone, Appalachian Hardwood Center, Wood Education and Resource Center, West Virginia University Division of Forestry and Natural Resources, and the West Virginia Forestry Association.

 

Transportation

West Virginia is connected to the East Coast and Continental United States by highways, railways and navigable waterways. The new Heartland Intermodal Gateway provides clearance for double-stack rail cars from Roanoke, Virginia, through southern West Virginia to Chicago.

 

Raw Materials

With 11.9 million forested acres, West Virginia is the third most forested state in the nation. The state's forests are at least 94% hardwood species. The state also has abundant resources such as coal and limestone for making cement.

 

Pro-growth Tax Reforms

The state has reduced taxes such as the Corporate Net Income Tax and gradually eliminated others, including the Business Franchise Tax.

 

Quality of Life

The cost of living is low and the quality of life is high, with safe communities and outdoor recreation opportunities that include biking, hiking, golfing, skiing and whitewater rafting.

 

Employer-friendly Business Climate

Thanks to aggressive pro-business legislation, we offer some of the lowest worker’s compensation rates in the country.

 

Research & Technology

Uncommon capabilities can be found at groups such as Mid-Atlantic Technology, Research and Innovation Center (MATRIC); and the Robert C. Byrd Institute for Advanced Flexible Manufacturing (RCBI), which includes the nationally-certified RCBI Machinist Technology Program. The RCBI Machinist Technology program meets standards set by the National Institute for Metalworking Skills (NIMS).

Technology &
Information Services

 

Identifiable Advantages

Technology & Information Services is an emerging industry in West Virginia. This growing cluster of researchers and practitioners includes university research facilities, government agencies and commercial enterprises. The concentration of Technology and Information Services, specifically our leading biometric organizations in north-central West Virginia, has been called the "Silicon Valley of America's biometrics activity," by Wes Bush, CEO of Northrup Grumman Corporation. These strengthens, combined with our state's skilled workforce, low cost of doing business and high quality of life make West Virginia a great place to relocate, invest and expand.

 

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Technology & Information Services Industry Leaders in West Virginia

 

Strategic Location

West Virginia is within easy range - 8 hours if you drive, faster if you fly - of half of the U.S. population and a third of the Canadian market.

Key research and federal agencies. Close proximity to research universities, federal agencies in Washington DC, Baltimore and northern Virginia, as well as industry concentrated in Charlotte and Raleigh.

 

Transportation

West Virginia is connected to the East Coast and United States by highways, railways and navigable waterways. The new Heartland Intermodal Gateway provides access for double-stack clearance for rail cars from Roanoke, Virginia, through southern West Virginia to Chicago.

 

 

World-class workforce with turnover rate
below national average and tied for
3rd-lowest for manufacturing.

Pro-business tax-climate with no new
business taxes in the last 20 years.
Business franchise tax eliminated in 2015.

Fiscally responsible state government with
Fitch credit rating AA+ for general debt
obligation and overall stable outlook

Low cost of living 14% lower than
national average with safe communities
and unparalleled outdoor
recreation opportunities

Electricity rates more than 33% lower
than the national average

Employers have saved more than
$280 million since the state privatized the
Worker's Compensation fund in 2006

Cost of doing business 14% below the
national average

 

 

Industry Partners

Many federal agencies have already found West Virginia to be the perfect location for their research and information technology services hubs. Among the federal agencies with established facilities in the state are the FBI Criminal Justice Information Services Division; the Defense Forensics and Biometrics Agency's Biometrics Identity Management Activity; and the FBI Biometric Center of Excellence.

 

 

 

 

World Class Workforce

Technology and Information Service companies have abundant access to highly-skilled workers with experience ranging from skilled training to undergraduate and advanced degrees. Students in West Virginia have the option to earn career-ready skills, as many of our universities and community and technical colleges offer specialized education and training in computer science, network engineering technology and maintenance, repair, CISCO Network Professional, website development, animation, game development and many more.

 

Advanced Research & Technology

West Virginia's higher education system is developing new and innovative certificate and degree programs for technology and information-based industries. West Virginia University's biometric program is recognized worldwide for its cutting edge research, particularly in face, iris and fingerprint recognition. In addition, West Virginia University is one of only four university partners in the Center for Identification Technology Research (CITeR) program. This program is partnership among government and industry stakeholders and is designed to advance industry capabilities through university research. In addition, West Virginia is home to the Forensic Science Initiative and WVU Homeland Security Programs. West Virginia's Marshall University is also home to an advanced Forensic DNR Analysis laboratory and offers a Forensic Science Graduate program, one of only seven such Master of Science degree programs nationwide.

Companies in Technology & Information Services also have direct access to research and innovative capabilities found at groups such as Mid-Atlantic Technology, Research and Innovation Center (MATRIC); and the Robert C. Byrd Institute for Advanced Flexible Manufacturing (RCBI), which includes the nationally-certified RCBI Machinist Technology Program. These skill building organizations combined with many technical programs and partnerships help build and support our skilled, well-trained workforce.

 

Employer-friendly Business Climate

Thanks to aggressive pro-business legislation, West Virginia offers some of the lowest worker's compensation rates in the country. We also provide our business and industry partners with low startup and overhead costs compared to others in more saturated technology corridors.

 

Contact for Media:

Chelsea A. Ruby
Director of Marketing and Communications
West Virginia Department of Commerce
304-957-9364