West Virginia: The Land of Opportunity for Businesses
Many smart companies, whether they are starting or expanding their operations, are already benefiting from the opportunities found in West Virginia. Global leaders such as Bombardier, Toyota, NGK Spark Plugs, Procter & Gamble, and Northrop Grumman choose West Virginia for their facilities. Additionally, a multitude of companies chose to expand their operations here.
You can join the ranks of other great companies who call West Virginia home.
Discover why the Mountain State is the #1 state in the country for economic growth. West Virginia’s pro-business climate gives your business the advantage and opportunity needed for success.
West Virginia’s cost of doing business is among the lowest in the country, ranked #11 for cost of doing business by CNBC in America’s Top States for Business 2018. With a 16% lower cost of living than the national average, your employees will reap the benefits of West Virginia living as well.
Our prime location puts you close to your supply hubs, distribution bases and customer markets. West Virginia is within a day’s drive of half the U.S. population and a third of the Canadian market.
Find out why hundreds of other businesses have turned to West Virginia to support their growth and expansion needs.
At the end of the day, your profit and loss drives your business. If you can’t profit, you can’t stay in business. In West Virginia, we work hard to make sure our business climate supports more profit and less loss for you.
- No new business taxes in the last 20 years
- Rated 19th nationally for State Business Tax Climate
- Eliminated Business Franchise Tax in 2015
- Reduced Corporate Net Income Tax in 2014
- $800 million of business tax burden removed over past 8 years
In addition to being a good place for business, “wild and wonderful” West Virginia is a great place to play, raise a family and build a life. The state provides high quality of life, with neighborly small towns and four seasons of recreational opportunities, including white water rafting, golfing, skiing, hiking and biking.
The state’s workforce has a tradition of a high work ethic, skills and loyalty. West Virginia’s workforce recorded the lowest manufacturing turnover rate in the country, and below the national average turnover rates in all other workforce categories.
West Virginia’s quality workforce is perhaps one of the best kept secrets of the state.
West Virginia offers specialized education and training to support workforce development needs now and into the future. The state has an array of training tools such as the Governor’s Guaranteed WorkForce Development Program, apprenticeship programs and industry/education partnerships. West Virginia recently authorized tuition grants to high school graduates to pursue studies that meet an identified workforce need.