Maryland

Business & Econ. Development Dept.

Data Source

JOB FACTS*

U.S. subsidiaries in Maryland have consistently supported a significant number of jobs in the state. They now employ 106,300 Maryland workers-an increase of almost 70% over five years.

In comparison to other states, Maryland has proven to be an attractive location for international employers, ranking 19th in the United States in the number of employees supported by U.S. subsidiaries.

In fact, the relative portion of jobs in the state supplied by U.S. subsidiaries has remained strong over time. They provide the livelihood for over 5.1% of Maryland's private-sector workforce.

PROMINENT U.S. SUBSIDIARIES IN THE STATE

AEGON USA, Inc.

Alcon Inc.

BNA Holdings, Inc.

DaimlerChrysler

Fujitsu Laboratories America

Lafarge NA

Matsushita Electric Corporation of America

Nortel Networks

Nestlé USA, Inc.

Qiagen N.V.

Saint-Gobain

Siemens Corporation

Sodexho Inc.

Thomson Corporation

Unilever United States, Inc.

Volvo

Zurich North America



MANUFACTURING JOB FACTS U.S. subsidiaries support 17,000 manufacturing jobs in Maryland. Manufacturing companies tend to have a strong "multiplier" effect on the economy-stimulating a substantial amount of activity and jobs in other sectors through their demand for inputs from other suppliers. Overall, approximately 16% of jobs at U.S. subsidiaries in Maryland are in manufacturing industries.		ONE COMPANY'S STORY QIAGEN N.V., a Dutch-based company, is currently constructing its new North American Manufacturing and Research and Development headquarters in Germantown. Qiagen is the world's largest supplier of DNA purification products to pharmaceutical and biotechnology companies, in terms of sales and market share. The company, which has approximately 1,000 employees worldwide, employs over 200 people in manufacturing and another 100 in research at the Germantown facility.

*Beginning August 2004, the Commerce Department changed the focus of its reported data on jobs supported by foreign direct investment (FDI). From this point on, all FDI statistics will refer only to companies having a majority of foreign ownership. Prior to this change, the Commerce Department followed international standards of including companies that had 10% or more foreign ownership.