#43 Maryland
#45 in Taxation and Regulation
#45 in Workforce Quality
#41 in Living Environment
Right to Work? ✗
Regional Profile – Northeast
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Key Industries
Aerospace, Biotech, Construction, Education, Energy, Environmental Tech, Finance & Insurance, Healthcare, Hospitality & Tourism, I.T., Logistics, Manufacturing,Retail
Key Companies
Altria
CapitalOne
Constellation Energy
General Dynamics
Lockheed Martin
Marriott
T. Rowe Price
Advantages
The life sciences industry is the backbone of the state’s economy, and the governor is planning to do more to attract companies in that sector.
Light City Baltimore has been such a boon for the area’s tourism that the government plans to make it a permanent annual event.
Challenges
Due to a new law, Maryland companies now have to pay disabled workers by the hour rather than by their productivity level.
Key Contacts
Dept. of Business and Economic Development
R. Michael. Gill, Secretary
410-767-6301
World Trade Center
401 East Pratt Street
Baltimore, MD 21202
[email protected]
http://commerce.maryland.gov/
Current Developments
Regional Report: Northeast 2016
March 18, 2016
Maryland Commissions $5.6B Light-Rail Line outside Washington
April 14, 2016
5 Great States for Biotech Companies
May 8, 2014