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West Virginia is located in the heart of Appalachia, strategically located and connected to major metropolitan areas up and down the Eastern U.S. and Canada. Learn how our low cost of living and pro-business tax climate coupled with a high quality of life make life better here.

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West Virginia's diverse economy has moved beyond our history of resource extraction to include a robust array of products and services. Learn about the key industries that have taken a foothold here and learn why leading companies make their home in the Mountain State.

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The West Virginia Development Office works hard to make the process of locating in West Virginia smooth and seamless. Our team walks with businesses every step of the way to locate a new site, expand facilities, export goods, train to employees, and much more.

Global Engagement

West Virginia is home to more than 130 businesses representing 27 countries from around the world, and West Virginia businesses export goods and services to more than 95 countries. Learn how our international team works out of three worldwide office to foster global engagement.

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Newsroom

Governor, Secretary of Commerce announce Toyota to invest $115.3 million in West Virginia plant

Tuesday, September 26 2017

For Release: Sept. 26, 2017

Media Contact: Samantha Smith, 304-957-9364, [email protected]

CHARLESTON, W.Va. — Toyota announced today that it will invest $115.3 million to add a hybrid transaxle product line to the facility in Buffalo. These hybrid transaxles will be the first built outside of Japan.

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"Toyota Motors has again made a substantial investment in our state by bringing this hybrid transaxle manufacturing line to Putnam County," said Gov. Jim Justice. "West Virginia men and women excel at their craft and Toyota clearly recognizes this and we are excited they continue to expand their production and workforce here."

 

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“This is a tremendous win for West Virginia,” said Commerce Secretary Woody Thrasher. “Continued growth of our automotive industry will strengthen and diversify the Mountain State’s economy. This investment enables the plant to produce products competitively now and into the future.”

During the celebration of TMMWV’s 20th anniversary in September 2016, the company announced it would invest $400 million to modernize the Buffalo plant. Part of that upgrade is converting the 6-speed transmission lines to 8-speed transmission lines. The combined investments from 2016 and today amount to nearly a half a billion dollars of investment at TMMWV in a year.

TMMWV employs 1,600 workers. The plant manufactures over one million engines and transmission in a single year.

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