Transportation
Reach almost 34 percent of the 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.
Ship, travel and connect to the world via West Virginia’s three north-south interstates (I-77, I-79 and I-81) and three east-west interstates (I-70, I-68 and I-64), commercial and general aviation airports, and an excellent rail system.
Transportation costs
Outbound transportation costs are a function of distance to markets, transportation modes used and rate schedules. Because of the complexity of calculating differential modal transportation costs by state and because trucking is the dominant transportation mode for the industry cluster, only motor freight costs were assumed to vary. Outbound motor freight costs for the respective states were estimated by indexing national average motor freight costs to the average weighted distance of each state to the national market.
West Virginia is within 24-hour trucking distance of 50 percent of all major identified markets. Transportation costs for a typical facility in West Virginia are estimated to be below the competing states’ average, representing average annual savings of $37,795.
| Transportation Costs |
U.S.
|
Region
|
W.Va. |
W.Va. advantage
vs. region
|
| Aerospace Industry |
| NAICS 336411 - Aircraft manufacturing |
$3,856,279 |
$4,122,164 |
$4,060,119 |
($62,045) |
| NAICS 336412 - Aircraft engine and engine parts manufacturing |
$1,807,454
|
$1,932,075
|
$1,902,995
|
($29,081) |
| NAICS 336413 - Other aircraft parts and auxiliary equipment manufacturing |
$1,200,639 |
$1,283,421 |
$1,264,104 |
($19,317) |
| NAICS 488190 - Other support activities for air transportation |
$636,608
|
$702,902
|
$687,432
|
($15,470) |
| Average |
$1,875,245 |
$2,010,141 |
$1,978,663 |
($31,478) |
Source: West Virginia Development Office Cost Model
|