WV Department of Commerce Automotive
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Automotive
Industry presence/growth
The motor vehicle parts and equipment cluster is one of the fastest growing sectors of the West Virginia economy. Between 1990 and 2004, West Virginia has seen more than $1 billion in new investment and 1,500 new jobs.
West Virginia is:
Ranked fourth nationally in percentage growth in motor vehicle parts manufacturing employment
Ranked ninth in absolute employment growth (1990-2004)
Automotive leaders in West Virginia include:
Toyota Motor Manufacturing, West Virginia, Inc.
Diamond Electric
NGK Spark Plugs
Sogefi
Okuno
Allevard Springs
CapreWest
K.S. and A.K. of West Virginia
Technology
West Virginia is at the forefront of advanced technology:
The National Research Center for Alternative Fuels, Engines and Emissions
at West Virginia University conducts cutting-edge research on engines, vehicles, fuels and emissions to improve performance and reduce emissions.
The National Alternative Fuels Training Center
, also at WVU, disseminates information and conducts training on the use of alternative fuel and advanced technology vehicles.
Market Access
Reach more than 79 percent of the motor vehicle and car body manufacturing market and motor vehicle parts and accessories market efficiently.
West Virginia offers three north-south and three east-west interstates, commercial and general aviation airports and excellent rail system for shipping, travel and connecting to the world.
Utilities
West Virginia’s electric rates are among the lowest in the nation.
The typical facility would realize average annual electricity savings of 21 percent, versus the comparison region.
Profitability
Based on a comparative analysis of operating costs and profitability, a typical manufacturer in West Virginia can realize a profit margin 2.9 percent higher than in current comparison states.
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West Virginia Department of Commerce
Capitol Complex, Bldg. 6, Room 525
Charleston, WV 25305-0311
Phone: 800-982-3386 or (304) 558-2234
Fax: (304) 558-1189