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 Business and Professional Services

Lexington is Central and Eastern Kentucky’s regional hub for business and industry. In 2010, Lexington’s Business and Professional Services sector employed 22,327 people. This industry includes legal, architectural, engineering, consulting, and real estate firms, as well as back-office support operations, accounting and payroll services, and processing facilities. The business service industry leader in Lexington is Xerox, which employs approximately 2,500 people.

The University of Kentucky’s Gatton College of Business offers undergraduate, graduate, and PhD programs, providing Lexington with a local highly educated workforce in this industry. During the 2009-2010 school year, the program had an enrollment of 2,810 students. Along with an educated workforce, Lexington is served by a sophisticated telecommunications network to meet the demands of large corporations.

The primary market niches in Lexington are research and development, financial services, and advanced manufacturing. In addition to these niches, Commerce Lexington seeks to add more services in support of entrepreneurs, including legal counsel, accounting, mentoring, and managerial activities.

Select Business and Professional Services Companies in Lexington

Company                   Services                    Number of Employees
Xerox Business Services Outsourcing 2,530
Valvoline Headquarters 750
IBM Business Services Outsourcing 500
Galls Inc. Headquarters 475
Tempur-Pedic Headquarters 370
Fifth Third Bank Finance 275
Central Bank & Trust Co. Headquarters 180
Stoll, Keenon, and Ogden Legal Services 145
Clark Material Handling Company Headquarters 130
Stites & Harbison Legal Services 100
Frost Brown Todd Legal Services 100
Bingham, Greenebaum, Doll Legal Services 90
LBX Company Headquarters 100
Creative Lodging Solutions Business Travel Consultants 80
A & W Restaurants Headquarters 30

Source: Commerce Lexington, October 2013


Source: U.S. Bureau of Labor Statistics