Manufacturing opportunities in Maryland are plentiful thanks to the many strategic benefits it offers such as:
- One of America’s busiest corridors, situated between Boston and Atlanta is available for export
- Port of Baltimore ranking number one in container productivity is available for goods shipment
- Partnership for Workforce Quality support services and training grants to small and mid-sized manufacturing companies
- Education along with workforce training is offered by 16 community colleges in Maryland
Manufacturing in Maryland generated a whopping $40.2 billion to the economy in 2015. Let’s have a closer look at Maryland’s top industries.
Computer and electronics manufacturing was ranked number one in providing job opportunities in 2016. This industry also generated a total of $4.3 billion wealth in 2015. Verizon, IBM, Zentech and Micros Systems Inc. are a few of the many big names in computer and electronics in Maryland.
Food & Beverage
In 2015, a total contribution of $2.9 billion in the economic wealth of Maryland came from the food, beverage, and tobacco manufacturing sectors. According to the U.S. Census Bureau, the food manufacturing industry provided more than 15K jobs becoming the second largest employment sector of 2016. In 2017, Diageo, a major alcoholic beverage producer decided to invest in Maryland. It declared its plan to build a Guinness brewery and taproom in Baltimore. This facility will be Diageo’s single brewery in America which makes Maryland even more unique.
If the above mentioned is not enough, here are a few more figures to convince you that Maryland is a land of manufacturing opportunity. 3,740 industries conduct their operations by employing about 103,330 people in Maryland. Manufacturing contributed about $20.6 billion to Maryland’s gross domestic product, in 2016 and looks to continue this trajectory for the near term.
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