Lexington Business Signs
Lexington is a city located in the center of the present-day U.S. state of Kentucky. Prior to incursions by those of European ancestry, this area had been inhabited by native peoples such as the Shawnee for thousands of years. Lexington, Kentucky was first founded by European Americans in June of 1775. These settlers were led by William McConnell. Once they caught wind of the colonists’ victory in the Battles of Lexington and Concord (in Massachusetts) earlier that year during the American Revolutionary War, they named their new city Lexington. Lexington, Kentucky was established in 1782 and then officially incorporated into a city in 1831.
Today, according to a 2016 estimate by the U.S. Census Bureau, the city of Lexington, Kentucky has a total population of 318,449 people. This makes it the second most populous city in the state and the 60th most populous city in the country. As for the Lexington-Fayette Metropolitan Area, of which the city of Lexington, Kentucky is a part, according to that same 2016 estimate, it has a population of 506,751 people. This makes it the 106th most populous metropolitan area in the United States.
Lexington, Kentucky’s largest employer is undoubtedly the University of Kentucky. However, the city contains sizeable employment for four Fortune 500 companies: Xerox (who acquired Affiliated Computer Services), Lexmark International, Lockheed-Martin, and IBM. Smaller companies headquartered in the city include Link-Belt Construction Equipment, Big Ass Solutions, A&W Restaurants, Fazoli’s, Tempur Sealy International, Florida Tile, and the Forcht Group of Kentucky. The largest Jif Peanut Butter factory in the world is also located here.
The University of Kentucky, which was established back in 1865 as the Agricultural and Mechanical College of Kentucky, is now a public co-educational university. It is the largest college or university within the state of Kentucky. As of 2016, it had a $1.118 billion endowment, with 30,720 students enrolled in total. On campus, there are fifteen separate libraries.
The University of Kentucky Wildcats, who play in NCAA Division I – SEC, have ten NCAA team national championships to their names, eight of which were earned by the Men’s Basketball team. In fact, the Wildcats’ Men’s Basketball team is considered the best program in college basketball history, as it was also the first team to reach 2000 wins.
Elsewhere, Lexington, Kentucky is home to Baseball’s South Atlantic League’s Lexington Legends, who are a farm team for the Kansas City Royals. The Legends have one team title to their names and play at Whitaker Bank Ballpark.
Lexington, Kentucky is perhaps most famous, however, as being a center for thoroughbred horse breeding, at least since the late 18th century. This is due to its location in the Bluegrass region. The bluegrass soil is rich in calcium, and as a result, “horses raised on its grass are thought to develop stronger bones and greater endurance.” Lexington, Kentucky is also home to two horse-racing tracks, Keeneland and The Red Mile harness track. Keeneland, which opened in 1936, hosted the 2015 Breeders’ Cup. The track also boasts the world’s largest thoroughbred auction house.
Own a small business in and/or around the Lexington, Kentucky area? Have you, by any chance, considered becoming one? The resources listed below could help guide you should you choose to pick up such an exciting mantle:
Apply for a Business License in Lexington, Kentucky:
How to Start a Business in Lexington, Kentucky:
The Greater Lexington Chamber of Commerce:
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