Economy
The growth of Huntington and its economy was originally based on steel processing, shipping, manufacturing, and transportation through the 1970s. The city then experienced deindustrialization, which cost residents tens of thousands of low-skill, high-wage jobs. Huntington has since been adapting to the collapse of the region's steel industry. The primary industries have shifted to high technology, such as the film and television industries, health care, biomedical technology, finance, tourism, and the service sector.
Huntington has grown its economic base in recent years to include technology, retail, finance, education, and medical care (which constitutes the largest proportion of the city's employment). The largest employers are Marshall University, Cabell Huntington Hospital, St. Mary's Medical Center, Amazon, DirecTV, and the City of Huntington.
Area retail is anchored by the Huntington Mall, the largest mall in the state, and a healthy downtown retail sector including many boutique shops along the Old Main Corridor, Third Avenue, and Pullman Square.
The newest area of development is Kinetic Park, a premier technology park on Sixteenth Street, 1/4 mile north of Interstate 64. The flagship of the development is Amazon's new 70,000 sq ft (6,500 m2). Customer Service Center, which opened in November 2011. Other developments in Kinetic Park followed.
The first large manufacturing business in Huntington was the Ensign Car Works, founded in Huntington in 1872 by Ely Ensign and William H. Barnum, who managed a car wheel manufacturing company, the Barnum and Richardson Company, in Connecticut. The company was incorporated on November 1, 1872. Financing was provided primarily by Barnum and Collis P. Huntington, who was one of the principals in the Central Pacific Railroad and founder of the City of Huntington.
For the first ten years of production, Ensign manufactured iron parts such as railroad car wheels. The company began building wooden freight cars in the early 1880s, selling a large portion of its inventory to the Chesapeake and Ohio, Southern Pacific and Central Pacific railroads, all of which were controlled by Huntington. In 1962, the Huntington ACF plant began building a revolutionary new design that quickly became the standard of the rail car industry. The car, known as the CenterFlow covered hopper car, was developed by ACF to transport huge volumes of lightweight, high-bulk commodities, such as plastic pellets. By 1992, ACF had manufactured more than 100,000 hopper cars. The sprawling ACF Industries rail car plant once had many as 1,600 employees with an annual payroll of $30 million. The buildings were demolished in 2024 with the exception of the plants machine shop which is being fully renovated to house the Marshall Advanced Manufacturing Center's Welding and Robotics Laboratory in a $6.5 million renovation scheduled to be completed in 2025. The remainder of the now cleared 19.7 acre lot is planned to be renovated into a mixed-use development space.
Since its founding as the western terminus of the C&O Railroad, Huntington has served as a major break of bulk point between rail traffic and the Ohio River/Mississippi River watershed. The Huntington Division is still the largest in the CSX Transportation network. A large portion of the division's revenue comes from hauling coal out of the coalfields of West Virginia and eastern Kentucky. Much of the coal is brought to the Port of Huntington-Tristate by train to be transported by river barges to industrial centers in other states.
Huntington is in the company's Southern Region and is the largest of ten operating divisions on the network. The division comprises the former railroads Chesapeake and Ohio (C&O); Baltimore and Ohio (B&O); Western Maryland (WM); Louisville and Nashville (L&N); and the Clinchfield. It serves the states of Kentucky, Tennessee, Virginia, West Virginia and Ohio. CSX's Huntington Division main office is in the historical former C&O passenger station downtown. The office is home to a regional office that is home to the divisions's top managers, a centralized yardmasters and train dispatchers center, a freight car light repair shop and a locomotive heavy repair facility in the city.
Huntington is also home to Heiner's Bakery. Founded in 1905, Heiner's employs nearly 500 people in its 130,000-square-foot (12,000 m2) facility. The bakery was privately owned by the Heiner family and marketed exclusively under the "Heiner's" label until it was acquired by the Earthgrains division of Anheuser-Busch in 1994. Six months later, A-B spun off its bread business as the stand-alone Earthgrains Corporation. In 2000, Earthgrains merged with the Sara Lee Corporation. In 2011, Sara Lee sold its bread business, including the trademark Sara Lee, to the worldwide Grupo Bimbo, which is based in Mexico City. Today the bakery markets under the "Heiner's", "Earthgrains", "Sara Lee" and "Bimbo" brands.
Huntington is still a base for the metalworking and welding trades with the repair of railroad rolling stock, barges, and river boat equipment. Major fabricating firms—such as the Special Metals Corporation plant, Steel of West Virginia, Martin Steel, Huntington Plating, Richwood Industries, Evans Welding and Fabricating Co, and Hammers Industries—serve the railroads, river transportation, steelmaking, coal, oil, natural gas, electrical, windpower, biofuel, and other important industries.