| The West Virginia Development Office analyzes long-term business trends to identify groups or clusters of related industries for which West Virginia has major advantages. The industries are screened for degree of presence and growth in the state, growth in the economic region, future national growth prospects and degree of compatibility with state resources. As a final check, a detailed analysis of operating costs and profitability is prepared for an average company in West Virginia compared to the 10 surrounding states considered West Virginia’s principal competitors: Ohio, Pennsylvania, Maryland, Virginia, Kentucky, Indiana, Michigan, Tennessee, North Carolina and South Carolina.
Industries studied include:
• Aerospace
• Biomedical technology
• Business services
• Energy and environmental technology
• Information technology
• Motor vehicle parts and equipment
• Plastics, specialty chemicals and advanced materials
• Value-added wood
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