The Mountain State is continually making more inroads onto the global stage, growing its exports and attracting more international investments. The West Virginia Department of Economic Developmentās International Office now offers export assistance and is embarking on international business development missions to countries like Korea, Japan and Taiwan. German packaging manufacturer Papier-Mettler announced in June 2022, a $48 million investment and 100 new jobs in Moorefield. Italian manufacturer Fanti USA also recently renovated its production facility in Weirton to serve the U.S. market with metal packaging containers.
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 baseĀ on qualified investments in an eligible manufacturing facility.
Governorās 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 new Equipment Financing Program helps businesses operating in the state gain access to essential tools and machinery with low-interest loans of between $50,000 and $2 million. Borrowers must be established and based in West Virginia and have been in operation for at least one year.
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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Key Companies |
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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
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
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Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.Ā They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.Ā Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.Ā This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.Ā If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.Ā The additional fee of $695 will be added to your total.
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.Ā
Limited space available.
10:30 - 5:00 pm
Generalās Retreat at Hermitage Golf Course
Sponsored by UBS
Generalās Retreat, built in 1986 with architect Gary Roger Baird, has been voted the āBest Golf Course in Nashvilleā and is a āmust playā 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.