Lexington
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The 2nd biggest city in the state of Kentucky is the city of Lexington. It is recognized as the "Thoroughbred City" and the "Horse Capital of the World" and is also the 63rd biggest city within the nation. Located in the heart of Kentucky's Bluegrass region, there is a vibrant arts vibe within the area. The population of Lexington in the year 2010 was 295,803 Based on the Census. The population of the Combined Statistical Area was 687,173 and that same year, the city's population anchored a metropolitan area of approximately 472,100.
Lexington is home to various company head office like for example Keeneland race course, Lexmark International, Tempur-Pedic, the Kentucky Horse Park, the University of Kentucky, Red Mile race course, Transylvania University and the Bluegrass Community and Technical College. Lexington is ranked 10th among US cities in the category of college education rate. Roughly 39.5% of residents have a minimum of their bachelor's degree.
Lexington Kentucky has a fascinating and rich history. The city was established within Virginia State, in the month of June 1775, 17 years before Kentucky becoming a state. Amongst the very first white men to explore the region was the famous Daniel Boone. He was responsible for helping to establish the first forts within Kentucky. A leader of a group of frontiersmen, referred to as William McConnell, stopped at a campsite which has ever since been named McConnell Springs. It is located on the middle fork of Elkhorn Creek. The name Lexington was chosen after Lexington Massachusetts because the group was extremely inspired by the 19th of April, the year 1775 colonists' victory during the Concord and Lexington battle. Originally a blockhouse was constructed and cabins and houses soon followed.
Lexington has one of the most steady economies within the United States, thanks mainly to its abundance in technology and government jobs. Some economists have referred to Lexington as having a "fortified economy, strong in technology, entrepreneurial support and manufacturing, benefiting from a balanced and diverse business base." In the month of July 2008, the Lexington Metropolitan Area had showed an impressive 5.4% unemployment rate.
Located within the city of Lexington are 3 Fortune 500 Companies together with numerous other larger corporations. The three Fortune 500 Companies consist of Affiliated Computer Services, Hewlett Packard and Lexmark International. These corporations employ anywhere from 250, 1200 and 3450 people. Other well established businesses consist of United Parcel Service, Trane and Amazon.com. Toyota Motor Manufacturing Kentucky is within the Lexington CSA connecting Georgetown. The city is a host to a JIF peanut butter plant that makes more peanut butter than any other factory in the globe. A popular holding company that hires over 2100 individuals across the state of Kentucky is known as the Forcht Group of Kentucky.
The biggest employer within Lexington with more than 10,500 workers is the University of Kentucky. The College of Agriculture's Cooperative Extension service provides 900 employees that are not included as University of Kentucky employees. The University, operates with an annual budget of about $1.4 billion, and is the 9th largest economic company within Kentucky. Furthermore, the 21st largest company within Kentucky State belongs to the College of Medicine that is located within the University.
The Lexington-Fayette County government as well as other hospital facilities forms some of the other significant employers within Kentucky State. The Central Baptist Hospital, Veterans Administration Hospital, Saint Joseph East, and the Saint Joseph Hospital combined hire about 6,200 individuals. The Lexington-Fayette Urban County Government accounts for 3,936 people and the Fayette County Public Schools hires 4,651 individuals.