sizable employment from four Fortune 500
companies: Xerox (who acquired Affiliated Computer Services), Lexmark
International, Lockheed-Martin, and IBM employing 3,000, 2,800, 1,705, and 552
respectively. United Parcel Service, Trane, and Amazon.com, Inc. have a large
presence in the city, and Toyota Motor Manufacturing Kentucky is within the
Lexington CSA in adjoining Georgetown. The city is also host to a Jif peanut
butter plant that produces more peanut butter than any other factory in the world
and three notable corporate headquarters: Fazoli's, a fast food Italian chain
that has expanded to more than twenty states; Tempur-Pedic, International, a
manufacturer of mattresses with memory foam; and the Forcht Group of Kentucky,
a holding company that employs more than 2,100 people across Kentucky. Forcht
Group operates several businesses in Lexington including First Corbin Bancorp,
Kentucky National Insurance Company, My Favorite Things, BSC, a bank data
services company, and First Lab, among others.
The city's largest employer, the University of Kentucky, as of 2012, employs
about 14,000, although that number is expected to shrink due to reduced funding
from the state. The University is the ninth largest economic company in the
state of Kentucky, with an annual budget of $1.4 billion, and the College of
Medicine within the University is the 21st-largest company in the state.
Other sizable employers include the
Lexington-Fayette County government and other hospital facilities. This
includes the Fayette County Public Schools, employing 5,374, and the
Lexington-Fayette Urban County Government, employing 2,699. Central Baptist
Hospital, Saint Joseph Hospital, Saint Joseph East, and the Veterans
Administration Hospital employ 7,000 total
