Learn more about relocating or expanding to Maryland

Maryland business climate, manufacturer incentives, and advantages of MD communities

Relocate or Expand to Maryland - U.S. Industrial Expansion & Relocation Guide for Manufacturing Companies - Learn more about the Maryland business climate, manufacturer incentives, and advantages of MD communities. Helping decision makers at U.S. manufacturing establishments find new locations to relocate or expand.
Maryland Business Data*

Maryland

Population: 5,699,478
Total Labor Force: 3,109,300
Unemployment Rate: 5.8%
Number of Manufacturers: 4,320
Manufacturing Jobs: 154,484
Right to Work: No
Unemp. Ins. Tax: 2.213.5%
 
Corporate Income Tax:
8.25%. Tax income liability for manufacturers is based on percentage of in-state sales.

Sales Tax:
6%. No taxes levied by counties or municipalities. Exemptions include: Capital and noncapitalized manufacturing machinery and equipment; equipment used to move a product off production line; fuels used in manufacturing process.

Property Tax:
No state tax on business property. Taxes levied by and vary by county except for Frederick,Garrett, Kent, Queen Ann, and Talbot counties.

Leading Manufacturing Industries:
(by % of total manufacturing employment)
13% Printing and publishing
12% Electronic and other electric equipment
12% Industrial machinery and equipment
10% Food and kindred products
10% Chemicals and allied products

Largest Manufacturing Establishments:
(by number of employees)
Northrop Grumman Electronic Systems (Linthicum) - 6,600
BD Diagnostic Systems (Sparks) - 1,600
Volvo Group (Hagerstown) - 1,500
Under Armour Performance Apparel (Baltimore) - 1,344
Hughes Network Systems, LLC (Germantown) - 1,310
 
Counties with the Most Manufacturing Jobs:
Independent - 34,328
Anne Arundel - 24,273
Montgomery - 23,370
Prince Georges - 22,713
Baltimore - 20,786

Cities with the Most Manufacturing Jobs:
Baltimore - 34,328
Columbia - 6,908
Linthicum - 6,715
Frederick - 6,603
Hunt Valley - 6,093

Manufacturing Related Business Incentives:
R&D Tax Credit
One Maryland Tax Credit
Enterprise Zone Tax Credit
Job Creation Tax Credit
Biotechnology Investment Tax Credit
Cellulosic Ethanol Technology Tax Credit; Job Creation and Recovery Tax Credit
Manufacturing Assistance Program
Maryland Industrial Development Financing Authority (MIDFA)
Maryland Venture Fund
Maryland Economic Development Assistant Authority and Fund (MEDAAF)
Maryland Small Business Development Financing Authority (MSBDFA)




Looking to reach Maryland manufacturers? Access the Maryland Manufacturers Database compiled by MNI.



*Manufacturing stats updated on 3/18/2014. All other stats updated on 3/18/2014. Listings updated on 4/23/2014.

a service of Manufacturers' News, Inc. - directories & databases since 1912