Fuse Engineering

4.9★★★★★(24 reviews)

325 Gambrills Rd suite d, Odenton, MD 21054

Odenton, Maryland, United States

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Business facts

Estimated annual revenue~$25.4M
Estimated employees~74
Annual payroll (2020)~$8.8M
In business since2008
Based on reported payroll data

Contacts

President

senior system administrator

Information Technology and Services

Director Information Technology

Information Technology and Services

Administrative Assistant

Information Technology and Services

Area statistics (21054)

Population15,687
Median household income$152,232
Source: US Census ACS

About

Founded in December 2013, Fuse Engineering leverages industry-leading technologies to maximize IT investments for their clients. With a flexible and collaborative process, they deliver customized, integrated, and managed solutions that exceed mission and goals. Their highly experienced, federally cleared team of diverse technical professionals average more than 15 years of IT experience and have a proven track record in IT design and implementation solutions for businesses of all levels of complexity. The company's culture is defined by a diverse, talented, and ambitious workforce supported by management professionals who embrace mutual respect, customer focus, and teamwork. Their technical consultants continue to provide expertise in delivering the best overall storage, systems, network, and security solutions.

Wheelchair Accessible
Parking, Yes
Categories: Engineering Consultant.
ISIC Codes: 7110.

Market analysis

Earning above its category median in a growing category (Engineering Consultant).

EstimateCategory trend: 2024, +7.0%

Revenue trend (modeled)

~$20.7M2019
~$22.2M2020
~$20.4M2021
~$20.0M2022
~$22.8M2023
~$25.4M2024
Modeled from official industry statistics+4.2%/yr since 201980% confidence band: ±42%

Company profile

Employees (reported band)13-17
Facility size~2,600 sq ft
Observed

Property

Lot size1.58 acres
ZoningC3
CountyAnne_arundel
Assessed value$241.0
On this lotshared with 19 other businesses
ObservedPublic assessor / cadastre record

Federal support (SBA)

EIDL advance grant (2020)$10.0K · 10 jobs reported
PPP loan (2020)$1.8M · 76 jobs reported · implies ~$8.8M annual payroll · $202.1K forgiven
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Engineering Consultant in Maryland764~$5.7B~$7.4M~$2.8M4.9★9.1×
Category revenue trend2024: +7.0%2023: +7.5%2022: +9.0%2021: +5.2%Modeled from business-level estimates
Chain pressure20 chains expanding in this category, led by Northrop Grumman, Hillis-Carnes Engineering, Ch2m (+48 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)46~$75.9M~$1.6M~$638.2K337~$27.9M40×
Professional, scientific and technical activities4~$32.4M~$8.1M82

1 km area (all businesses): median from the 40 of 46 businesses with estimates

Estimate

Area conditions (21054)

Population15,687 ±2,248
Median household income$152,232 ±$18,499
Median home value$547,100
Bachelor's degree or higher0.6%
Unemployment rate0.0%
Source: US Census ACS
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