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Post 200
Post 200

Largest Maryland Companies Outside the Washington Area

Monday, May 1, 2006

Constellation Energy Group Inc., parent of Baltimore Gas and Electric Co., made headlines of several sorts in recent months. It agreed to be bought by FPL Group Inc. of Florida in an $11 billion deal that's pending. And it announced rate increases of up to 72 percent for BGE customers, which caused an uproar that shook up Maryland state government. Toolmaker Black & Decker Corp. reported a 21 percent increase in sales, much of it from acquisitions made in 2004. Legg Mason Inc. dramatically reshaped itself, swapping its stock-brokerage business for Citigroup Inc.'s mutual fund business in a $3.7 billion deal.

Rank Company Revenue Employees Location
1 Constellation Energy Group Inc. $17.1B 9,832 Baltimore
2 Black & Decker Corp. $6.5B 27,200 Towson
3 McCormick & Co. $2.6B 7,707 Sparks
4 Legg Mason Inc. $2B 4,086 Baltimore
5 T. Rowe Price Group Inc. $1.5B 4,357 Baltimore
6 Laureate Education Inc. $875M 22,770 Baltimore
7 Sinclair Broadcast Group Inc. $692M 2,862 Hunt Valley
8 Williams Scotsman International Inc. $592M 1,448 Baltimore
9 FTI Consulting Inc. $539M 1,338 Baltimore
10 Tessco Technologies Inc. $513M 592 Hunt Valley
11 Jos. A. Bank Clothiers Inc. $465M 2,295 Hampstead
12 Educate Inc. $330M 8,753 Baltimore
13 Municipal Mortgage & Equity LLC $307M NA Baltimore
14 Under Armour Inc. $281M 610 Baltimore
15 SafeNet Inc. $263M 1,052 Belcamp
16 Town and Country Trust $132M 428 Baltimore
17 Omega Healthcare Investors Inc. $106M 18 Timonium
18 I.C. Isaacs & Co. 83M 110 Baltimore
19 Medifast Inc. $40M 164 Owings Mills
20 Adams Express Co. $24M 19 Baltimore

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