Business and Industry
Major Employers
|
Employment |
|
St. Mary's Medical Center |
2,600 |
|
Cabell Huntington Hospital |
2,300 |
|
Marshall University |
2,000 |
|
CSX, Huntington Division |
1,100 |
|
VA Medical Center |
1,078 |
|
Special Metals |
996 |
|
University Physicians & Surgeons |
850 |
|
Marathon |
800 |
|
US Army Corps of Engineers |
775 |
|
Wal-Mart |
750 |
|
DirecTV |
730 |
|
Alcon |
700 |
|
Amazon |
700 |
|
GC Services |
650 |
|
Steel of West Virginia |
491 |
Air Transportation
|
Tri-State Airport |
Huntington, WV (approximately 15 minutes from downtown Huntington) |
|
Daily Departures |
7 |
|
Hub Centers |
Charlotte |
|
Runway Length |
7,016 ft |
|
Air Cargo Services |
Yes |
|
Charter Service |
Yes |
|
Passenger Carriers |
US Airways
Allegiant Air |
|
Yeager Airport |
Charleston, WV (approximately 45 minutes from downtown Huntington) |
|
Daily Departures |
25 |
|
Hub Centers |
Atlanta, Chicago, Houston, Detroit, LaGuardia-NYC, Washington, DC-Dulles & Reagan |
|
Runway Length |
6,802 ft |
|
Air Cargo Services |
Yes |
|
Charter Service |
Yes |
|
Passenger Carriers |
Spirit, Air Tran, American-Eagle, Continental, Delta Connection, United Express, USAirways Express |
Ground Transportation
|
Major Highways |
|
Interstates |
I-64, I-73 Proposed |
|
U.S. Primary |
U.S. Rtes. 60, 52, 23 |
|
State Primary |
Rtes. 75, 2, 152, 10, 37 |
|
Major Freight & Railroads |
|
Motor Freight - Daily Service |
11 |
|
Motor Freight - Local Terminals |
3 |
|
Rail Service |
CSX, Norfolk Southern |
|
Rail Passenger Service |
Amtrak |
|
Public Bus System |
Tri-State Transit Authority |
Huntington is the largest inland river port in the United States.
Utilities
|
Electric Service |
|
Supplier & Generation Co |
American Electric Power |
|
Natural Gas Service |
|
Transmission |
Columbia Transmission |
|
Supplier |
Mountaineer Gas Company, Consumers Gas, Southern Public |
West Virginia is the largest producer of oil and natural gas east of the Mississippi River with natural gas costs rated 8th lowest in the U.S. Natural gas is produced in 49 out of West Virginia's 55 counties through approximately 48,000 active wells throughout the state. Allegheny Power has 4,845 miles of main line serving 229,984 customers and ranks 33rd in the nation for oil production and 11th for natural gas production via open access system offering transportation and sales services, both firm and interruptible.
|
Water Service |
|
Supplier |
West Virginia American-Water Co. (supplies cities of Huntington and Barboursville, communities of Culloden, Salt Rock, Lavalette PSD, and Chesapeake, OH. Also serves 98% of rural Cabell County.) |
|
Source |
Ohio River |
|
Capacity |
20 million GPD |
|
Peak Load |
16.5 million GPD |
|
Storage Capacity |
10.5 million gallons |
|
Other Local Suppliers |
Town of Milton (Cabell County) and towns of Kenova, Ceredo (Wayne County) and Ft. Gay |
|
Waste Water Treatment |
|
Storm |
80% coverage (City) |
|
Sanitary |
80% coverage |
|
Capacity |
17 million GPD |
|
Peak Load |
16 million GPD |
|
Solid Waste Disposal |
|
Landfill |
Boyd County, KY & Prichard, WV |
|
Estimated Life |
7 years - Boyd County |
Employee Training
The Governor's Guaranteed Work Force Program provides a one-step service for all economic development-related job training needs. Under this program the State will pay up to 100% of new or existing employees' cost of training. Up to $2,000 per employee is allowed. Workforce WV offers up to one year salary for qualified employees through its ESP program.
Taxes
|
Property Tax Multipliers 2011 |
|
Cabell County |
.27714% |
|
Wayne County |
.23388% |
|
City of Huntington |
.34114% |
|
Village of Barboursville |
.35214% |
|
City of Milton |
.32486% |
Property tax calculated on 60% of market value. Based on Class III - non-residential, non-owner occupied property.
Source: Cabell/Wayne County Commissions
|
Business and Occupational Gross Sales Tax |
City of Huntington (Per $100) |
|
Manufacturers |
0.00 |
|
Restaurants |
0.50 |
|
Wholesalers |
0.15 |
|
Contractors |
2.00 |
|
Amusements |
0.50 |
|
Mineral Products |
1.00 |
|
Electric Power |
4.00 |
|
Retailers |
0.25 |
|
Service |
2.00 |
|
Other Utilities |
2.00 |
|
State Unemployment Compensation Tax |
|
New Employers |
2.7% (First 36 months) |
|
Experienced Employers |
1.5 - 8.5 |
|
Wage Base |
first $12,000.00 |
|
State Corporate Income Tax |
|
Rate 2011 |
8.5% |
Current rate will decrease over 3 years to 6.5% by 2014.
|
State Franchise Tax |
Rate of $.27, in 2012, of adjusted apportioned capitol. Phased out by 2015. |
|
State Sales Tax |
|
State Rate |
Food: 2%
Other: 6% |
No sales tax on the purchase of equipment and machinery for manufacturing. Food tax declines to 1% in July 2012 and is eliminated in July 2013.
|
State Personal Income |
|
Rate |
3% to 6.5% |
Source: State of West Virginia