West Virginia: Economical business environment
Doing business in West Virginia makes good sense. According to the Tax Foundation’s 2019 State Business Tax Climate Index, West Virginia is ranked 19th nationally for its tax climate and has the third-best cash surplus in the U.S. For 14 consecutive years, West Virginia has had the largest decline in U.S. total workers compensation benefits.
West Virginia has many thriving industries including: aerospace, agriculture, automotive, building products, chemicals and polymers, energy, fulfillment and distribution, information technology, manufacturing, and metals just to name a few. World-class companies like Amazon.com, Toyota, DuPont, Coldwater Creek and Lockheed Martin have already discovered the advantages of doing business in West Virginia.
West Virginia provides access to:
- A business-friendly climate, a productive, skilled workforce and one of the lowest crime rates in the nation
- Available state and federal workforce training resources
- Within overnight delivery to 50 percent of the U.S. population and a third of the Canadian market.
- Cost of living is 16 percent below the national average
West Virginia also has the nation’s third lowest cost of doing business and the electric rates in West Virginia are among the lowest in the nation.
AMP West Virginia member communities
In addition to the location advantage of West Virginia, businesses that locate in AMP member communities enjoy a diverse mix of reliable electric power supply at affordable rates with a voice in local policies.
To learn more about each AMP member community in West Virginia, please click on the links within the community quick links section or contact us.