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Maryland's Business Community Business CommunityCompanies locating in Maryland benefit from one of the most vibrant business environments in the United States. While retaining traditional strengths in areas such as transportation and trade, Maryland is positioned as a leading technology center.
Traditionally strong in manufacturing, shipping, financial services, and government contracting, Maryland is home to such recognizable business names as Black & Decker, Legg Mason, Lockheed Martin, Marriott International, McCormick, and Perdue. Other well-known names with a significant presence in Maryland include General Motors, IBM, Northrop Grumman, and Verizon.
Today, Maryland is at the forefront of the “new economy.” Maryland has a growing presence in information technology, telecommunications, and aerospace and defense. In the past few years, Maryland has emerged as the photonics center of the United States, as evidenced by recent relocations and startups to the Baltimore-Washington area. Maryland is also becoming a noted biotechnology area, and is front and center in the mapping of the human genome and commercial applications spinning out of this research. |