West Virginia's Advantage: Third Lowest Cost of Doing Business (CNBC 2024)

West Virginia Employers Pay 2nd Lowest Workers Compensation Premiums

West Virginia's Loyal Workforce: Lowest Manufacturing Turnover Rate in Nation

Advantage Valley's Employers Pay Less for Production Occupation Wages

West Virginia's Advantage: Lowest Cost of Living in the Nation (MERIC 2024)

West Virginia Electricity Costs Far Below U.S. Average Per Kilowatt-Hour

Buildings & Sites

Economic Data

Workforce & Education

Target Industries

Advantage Valley in southwestern West Virginia is a nine-county region stretching from Huntington to Charleston, forming one of the nation’s most resource-rich and business-friendly corridors.

Served by three Interstates (I-64, I-77, and I-79) and several U.S. highways with Interstate access, Advantage Valley has fast connections to key cities and markets throughout the eastern half of the nation. Busy CSX and Norfolk Southern mainlines connect the region to the continent’s rail network and ports along the Ohio River and in Virginia. The area is served by six navigable rivers with truck-to-barge capabilities, two ports, and two regional airports.

Advantage Valley’s history in industries such as coal production earned local workers (and there are 353,000 of them in our labor shed) a reputation for initiative and employer loyalty. In fact, West Virginia has the nation’s lowest manufacturing employee turnover rate. With an outstanding quality of life, a low cost of living, and competitive wages, it’s easy for local employers to draw recruits to the area. Plus, our local K-12 and postsecondary educators have long worked closely with local companies to deliver workforce training and education programs aligned with the needs of employers.

One of the many great reasons to bring your business to Advantage Valley is the variety of available development sites and existing buildings, all with competitive utility rates. Whether you’re seeking a downtown storefront, Class A offices, or a huge industrial facility with rail and port access, we can help you find the ideal location.

Advantages of Doing Business
in West Virginia

 Third Lowest Cost
of Doing Business

(CNBC, 2024)

Lowest
Manufacturing Turnover Rate

(BLS Industry Report, 2020)

Lowest Cost
of Living

(MERIC, 2024)

2nd Lowest Worker’s
Compensation Rates

(Oregon Consumer and Business Service, 2022)

3rd Lowest Personal
Property Taxes

(Tax Rates.org 2022)

Advantage Valley’s Partners

Advantage Valley is a non-profit economic development organization that works with the State of West Virginia, local governments, county economic development authorities, sector and business leaders, chambers of commerce, academic and training institutions, and nonprofit partners in order to showcase our nine-county region and strengthen the economy. We’re proud of these many local partners who have joined together to promote our unified vision for growth.

FASTER WV – Helping Entrepreneurs Start and Grow Businesses in West Virginia

FASTER WV is Advantage Valley’s entrepreneurship support program designed to help startups and small businesses launch, grow, and become financially sustainable. The program connects entrepreneurs across the Advantage Valley region with business coaching, training programs, technical assistance grants, and access to capital.

Whether you are starting your first business, expanding an existing company, or purchasing a business, FASTER WV provides guidance and resources to help you succeed.

FOLLOW US ON FACEBOOK

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Shop Taste of Appalachia Holiday Gift Boxes here!
tasteofappalachia.com

Thanks, Putnam County Chamber of Commerce, and Ashley Alford-Glance for helping us promote our support small business and shop local initiative!🧡
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18 hours ago
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We all have that person on our list who takes snacking VERY seriously. 🍿😂 This one’s for them!

Our Taste of Appalachia Snack Attack box brings together tasty discoveries from makers in counties including Jackson, Kanawha, Lincoln, and Webster.

Popcorn, pecans, crunchy snacks, and more—perfect for a cozy movie night or a holiday gathering! 🎁

Highlighting SNACK ATTACK Box: 3rd in our collection of 7!

Custard Stand Chili Hot Dog Chili Spice Mix
Sassy Gals Gourmet Foods Loaded Potato Dip
Angie's What's Poppin' Shoppe - Baked Potato Popcorn
We B Fryin Snacks - Wheat O's Pizza Flavor
Goldilocks Grazing Dill Pickle Pub Snack Mix
Ronk Family Farm's Maple Mustard
Sassy Gal's Bourbon Roast Pecans

The best part? While they enjoy every bite, you’ve helped support the small businesses behind the goodies. Now THAT’S satisfying.

🛒 Order by November 23:
tasteofappalachia.com/products/snack-attack-gift-set

#TasteOfAppalachia #ShopLocal #yesWV Charleston Area Alliance & Chamber of Commerce The Jackson County Development Authority @Lincoln County Development Authority @Webster County Development Authority @followers
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21 hours ago
🎉 GREAT NEWS FOR

🎉 GREAT NEWS FOR ADVANTAGE VALLEY REGION ENTREPRENEURS!

Our FASTER WV Loan Fund just received a $99,000 boost from U.S. Department of Agriculture Rural Development! 💰

These funds will help us continue supporting local entrepreneurs and small businesses with access to capital to start and grow their businesses. When small businesses thrive, our entire regional economy benefits! 💪

👏 A big thank-you to USDA Business Program Director Jesse Gandee (left) and USDA State Director of Rural Development John Reisenweber (right), pictured with Advantage Valley's Bryan Shaw and Terrell Ellis, for recognizing this exciting investment!

#FASTERWV #SmallBusiness @followers #YesWV #wv
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2 days ago
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West Virginia has tremendous assets. Turning them into opportunity takes teamwork! 🤝🌄

That message stood out during Ted Abernathy’s presentation today, October 30, at an invitation-only economic development gathering in Putnam County.

Ted shared a powerful reminder: a region’s competitive advantage comes from its leaders and institutions working together to turn assets into results.

What does that mean for West Virginia?

⚡ Preparing power and infrastructure for growth
👷 Developing and attracting skilled workers
🏗️ Getting sites and buildings ready for investment
🏡 Strengthening housing, childcare and quality of life
💡 Supporting innovation and entrepreneurs

Each piece matters—and connecting them takes collaboration across communities, businesses, education and government.

That’s the spirit behind regional economic development: working together to create opportunities that benefit us all. 💙💛

#AdvantageValleyWV #YesWV #WestVirginia #EconomicDevelopment #Competitiveness
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6 days ago
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