Rockville, Baltimore, Bethesda lead in jobs

MARYLAND WATCH

November 21, 1995

Three Maryland cities are leading the mid-Atlantic region in employment by emerging companies, according to a survey.

Rockville ranked No. 1 in the mid-Atlantic region with 11,581 jobs in emerging high-tech firms with fewer than 1,000 employees, according to the survey by CorpTech of Woburn, Mass., which tracks growth among technology companies. Baltimore was No. 2 with 8,419 jobs and Bethesda was third with 7,713.

Emerging companies are an important gauge because most of the new employment opportunities are with smaller companies, said Deborah Nielsen, editor of CorpTech's Technology Industry Growth Forecaster.

According to the CorpTech survey, technology firms in the mid-Atlantic project growth of 5.4 percent for the coming year.

The report also said that three of the top 12 biotech companies in terms of future job growth are in Maryland.

Univax Biologics Inc., which has 158 employees, expects to add 91 workers within the next year. North American Vaccine Inc., with 140 employees, plans to hire 59 more workers, and R.O.W. Sciences Inc. is to add 54 to its 545-member work force.

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