What makes Maryland work
From Deep Creek Lake to the shores of the Atlantic, doors are opening everyday across many industry sectors. The Maryland Chamber of Commerce supports rising and growing industries that make Maryland work.
Take a look at how Maryland is a hub for growth and innovation through:
On the front line of developing lifesaving vaccines and un-parralleled innovation, the biopharma and life sciences industry is vital to the future of our state—and our planet. With over 2,800 emerging biopharma companies in Maryland, the biopharma and biohealth industry continues to thrive.
Maryland’s construction industry has had an increased outlook over the past couple of years. Over 90 percent of contractors are feeling more optimistic about their company’s future compared to the previous year, according to the Maryland Construction Network 2018 survey. The three main focuses of the industry moving forward are: finding and retaining qualified talent, higher profits, and finding new business.
Maryland is positioned to be the leading industry hub for cybersecurity—especially after the completion of Port Covington in Baltimore. Maryland has the largest cybersecurity employee population in the country. With top cybersecurity agencies including: U.S. Cyber Command, National Security Agency, Defense Information Systems Agency, and National Institute of Standards and Technology.
Headquartered in Maryland are energy powerhouses Baltimore Gas and Electric and Constellation Energy, under Exelon Corporation. This bodes well for Maryland’s clean energy goal, to generate 20 percent of electricity from clean, renewable sources by 2022. In addition to striving for cleaner energy practices, these companies, and others, have successfully fought for electricity and natural gas deregulation in Maryland that allow consumers more freedom to choose who supplies their utilities.
The history of manufacturing in Maryland is deep-rooted. Baltimore’s shipyards from the early 1800s still influence the landscape that you see in the city today. Maryland is currently home to 3,900 manufacturing companies, encompassing sectors such as aerospace and defense, food and agribusiness, biopharma, medical devices, fabricated metal, computers, electronics and more.