Industry Leaders
For aerospace companies establishing operations in West Virginia, the sky is not the limit. It is just the beginning. The state is home to a number of successful aerospace companies, including:
Aerospace is one of the fastest growing sectors of the West Virginia economy. Higher profitability, lower labor costs and utility savings contribute to the successful operations within the state. Companies also capitalize upon a large supply of experienced industry workers to help meet their labor needs. 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. The availability of supplies and raw materials is a primary consideration in locating aerospace products manufacturers. Raw materials account for over 50 percent of total production costs.
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.
Transportation Reach almost 34 percent of the top domestic purchasing sectors of aerospace products through overnight trucking, with strategic access to national defense contractors, corporations, federal and state governments, and other industrial customers and suppliers.
Raw materials The availability of raw materials and supplies is a primary consideration in locating aerospace products manufacturers. A West Virginia-based aerospace company will find a plentiful supply of primary and fabricated metal products, essential raw materials.
Originally posted here:
West Virginia's Aerospace Industry
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