Inc. Magazine Lists Fewer Md Firms in 500-Fastest Growing Private Companies List

Summary

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Maryland's presence on Inc. magazine's list of the country's 500 fastest-growing private companies dropped by more than half during the past year, a fall highlighted by a notable dive in the technology sector.

Just 14 Maryland companies made the 2004 list, compared to 30 last year. A year after two companies - Under Armour Performance Apparel and 180s Inc. - ranked second and ninth, respectively, not a single Maryland company cracked the top 15 in 2004.

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Inc. Magazine Lists Fewer Md Firms in 500-Fastest Growing Private Companies List

The ranking is based on three years of sales growth. The magazine's editor said companies on the list were able to avoid the hype of the late 1990s.

When pe...

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