Lexington, Kentucky is the states 2nd largest city and is recognized as the "Thoroughbred City" and the "Horse Capital of the World". In the United States, the city of Lexington is the 63rd biggest city. Situated within the heart of Kentucky's Bluegrass area, there is a vibrant arts vibe in the region. The population of the city 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, Lexington's population anchored a metropolitan area of approximately 472,100.
The city of Lexington is home to various company headquarters like for instance Lexmark International, Keeneland race course, ,the Kentucky Horse Park, Tempur-Pedic, Red Mile race course, the University of Kentucky, the Bluegrass Community and Technical College and Transylvania University. The city of Lexington is placed 10th amongst US cities in the category of college education rate. Approximately 39.5% of residents have a minimum of their bachelor's degree.
Lexington Kentucky has a fascinating and rich history. Lexington was established in the state of Virginia, in the month of June the year 1775, 17 years before Kentucky becoming a state. Amongst the very first white men to travel around the area was the renowned Daniel Boone. He was responsible for helping to establish the very first forts within the state of Kentucky. A leader of a group of frontiersmen, called William McConnell, stopped at a campsite which has ever since been called McConnell Springs. It is situated on the middle fork of Elkhorn Creek. The name Lexington was selected after Lexington Massachusetts because the group was really inspired by the 19th of April, the year 1775 colonists' victory in the battle of Lexington and Concord. At first a blockhouse was constructed and homes and cabins immediately followed.
The city of Lexington has amongst the countries most stable economies because of its abundance of technology and government jobs. Some economists have referred to the city of Lexington as having a "fortified economy, strong in technology, entrepreneurial support and manufacturing, benefiting from a balanced and diverse business base." In July the year 2008, the Lexington Metropolitan Area had showed a remarkable 5.4% unemployment rate.
There are 3 Fortune 500 Companies situated within the city of Lexington, and the city is home to lots of big companies. Several of these businesses comprise: Hewlett Packard, Lexmark International and Affiliated Computer Services. These companies hire somewhere from 250, 1200 and 3450 people. Other well established businesses comprise Trane, Amazon.com, and United Parcel Service. Toyota Motor Manufacturing Kentucky is within the Lexington CSA connecting the city of Georgetown. Lexington is a host to a JIF peanut butter plant that produces more peanut butter compared to any other factory in the globe. A popular holding company that employs over 2100 people across the state of Kentucky is called the Forcht Group of Kentucky.
The biggest employer within Lexington with over 10,500 employees is the University of Kentucky. The College of Agriculture's Cooperative Extension service provides 900 staff that are not included as University of Kentucky workers. The University, operates with a yearly budget of approximately $1.4 billion, and is the ninth largest economic company in Kentucky State. Additionally, the 21st largest company in Kentucky State belongs to the College of Medicine which is situated within the University.
The Lexington-Fayette County government and other hospital facilities forms some of the other important employers in Kentucky State. The Central Baptist Hospital, Veterans Administration Hospital, Saint Joseph East, and the Saint Joseph Hospital combined employ 6206 people. The Lexington-Fayette Urban County Government employs 3,936 people and the Fayette County Public Schools hires 4,651 individuals.