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Post 200

Largest Maryland Companies Outside the Area

Monday, May 14, 2007

Several of Maryland's largest companies faced unique challenges last year. Consumer unhappiness over a rate increase helped scuttle plans by Baltimore's Constellation Energy to merge with Florida's largest utility. Black & Decker's profit took a hit from the difficult housing market and rising commodities prices. Legg Mason's star fund manager, Bill Miller, failed to extend his 15-year winning streak against the Standard & Poor's 500-stock index. Sales were up at McCormick, but the Sparks spices and seasonings firm spent much of the year restructuring operations and closing two plants. The outlook was better at Baltimore investment firm T. Rowe Price, which exceeded last year's record of assets under management and became one of a handful of foreign firms to win a coveted role as manager of part of China's social security fund.

Rank Company Revenue Employees Location
1 Constellation Energy Group Inc. $19.3B 9,736 Baltimore
2 Black & Decker Corp. $6.4B 25,500 Towson
3 Legg Mason Inc. $4.3B 3,800 Baltimore
4 McCormick & Co. $2.7B 7,500 Sparks
5 T. Rowe Price Group Inc. $1.8B 4,605 Baltimore
6 Laureate Education Inc. $1.1B 23,000 Baltimore
7 Sinclair Broadcast Group Inc. $715M 3,300 Hunt Valley
8 FTI Consulting Inc. $708M 2,079 Baltimore
9 Williams Scotsman International Inc. $681M 1,947 Baltimore
10 Jos. A. Bank Clothiers Inc. $546M 2,646 Hampstead
11 Tessco Technologies $477M 700 Hunt Valley
12 Under Armour Inc. $431M 979 Baltimore
13 Educate Inc. $355M 9,000 Baltimore
14 GP Strategies Corp. $179M 1,205 Elkridge
15 Target Logistics $160M 256 Baltimore
16 Omega Healthcare Investors $136M 17 Timonium
17 I.C. Isaacs & Co. $82M 110 Baltimore
18 Medifast Inc. $74M 265 Owings Mills
19 Avatech Solutions $40M 235 Owings Mills
20 Visicu Inc. $30M 38 Baltimore

The Washington Post

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