Over the past decade, the Mountain State has elevated itself from the economic woes of the declining coal industry to a state on the forefront of economic development. That momentum has also helped the state recover in the wake of the Covid-19 pandemic. Between January 2021 and late 2022, the Office of Economic Development reported at least 18 significant announcements, representing more than $3.6 billion in investments and morethan 3,800 created and retained jobs. Several international companies have expanded here in the past year, including Papier-Mettler (Germany) and Fanti (Italy).
West Virginia Economic Development Authority Direct Loan Program: Offers financial assistance in the form of loans, direct financing and operating leases to industrial development agencies and enterprises.
Special Property Valuation: Reduces property taxes by up to 95% for certain sectors, including chemicals, polymer metals, data centers and aviation.
Manufacturing Investment Credit: Offers a tax credit of up to 60% of the corporate net income tax base on qualified investments in an eligible manufacturing facility.
Governor’s Guaranteed Work Force Program: Offers up to $2,000 per employee to eligible new and ex- panding companies that create at least 10 net new jobs within a 12-month period
westvirginia.gov
charlestonareaalliance.org
hadco.org
morgantownpartnership.com/economic-development
The Resilient West Virginia coalition is a group of state agencies and organizations working to build momentum in securing the future for Appalachia. It aims to create a national security and economic security growth fluster in the state’s southern and central energy communities, capitalizing on the skills of many of the region’s veterans to support the sector.
Based on CEO Survey by ChiefExecutive.net
| Key Metrics |
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Taxation and Regulations
Workforce Quality
Quality of Life
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Sources:
TaxFoundation.org
Statemaster.com
Bureau of Labor Statistics
U.S. Census Bureau
U.S. Patent and Trademark Office
The National Center for Public Policy and Higher Education
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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1:00 - 5:00 pm
We are in a period of rapid change. Customer needs, technologies, competitors and internal capabilities require companies to review and update their strategies for the new realities. In this workshop, strategy experts Steve Rutan and Denise Harrison will show you a systematic approach to strategic planning to help you refine or redefine your business strategy and approach including:
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
