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==Economy== Top employers in Farmington according to the town's 2024 Comprehensive Annual Financial Report<ref>{{cite web|url=https://www.farmington-ct.org/home/showpublisheddocument/32152/638741686112670000|title=Comprehensive Annual Financial Report of the Town of Farmington, Connecticut For the Year Ended June 30, 2024 |publisher=Town of Farmington|access-date=April 30, 2025}}</ref> {| class="wikitable" |- ! # ! Employer ! # of Employees |- |1 |[[UConn Health]] |7,664 |- |2 |[[Otis Worldwide]] |4,077 |- |3 |Companions & Homemakers |3,000 |- |4 |[[Trumpf]] |1,700 |- |5 |Town of Farmington/Board of Education |830 |- |6 |[[ConnectiCare]] |750 |- |7 |[[Tunxis Community College]] |500 |- |8 |[[American Red Cross]] |428 |- |9 |Connecticut Spring and Stamp |375 |- |10 |[[Jackson Laboratory]] |370 |} [[United Technologies]] was headquartered on Farm Springs Road along with its subsidiary [[Otis Worldwide]]. In 2019 it was announced that United Technologies would relocated its headquarters to [[Waltham, Massachusetts]] after the merger with [[Raytheon]].<ref>{{cite web |url=https://www.hartfordbusiness.com/article/under-the-radar-utc-moved-carrier-hqs-out-of-ct|title=Under the radar, UTC moved Carrier HQs out of CT|publisher=Hartford Business Journal|access-date=April 6, 2024}}</ref> [[McKesson Corporation|McKesson]] had a location in Farmington before departing in 2019.<ref>{{cite web |url=https://www.hartfordbusiness.com/article/pharmaceutical-distributor-mckesson-to-vacate-farmington-location-150-jobs-lost|title=Pharmaceutical distributor McKesson to vacate Farmington location; 150 jobs lost|publisher=Hartford Business Journal|access-date=April 6, 2024}}</ref> [[Carvel (restaurant)|Carvel]], [[ConnectiCare]], Farmington Displays, and [[Horizon Technology Finance]], all maintain corporate headquarters in Farmington. Other prominent employers include the American Red Cross, Bank of America, [[Farmington Sports Arena]], [[Stanley Black & Decker]] and [[Trumpf|TRUMPF Inc]]. [[Farmington Bank]] was headquartered in town until it was acquired by [[People's United Bank]] in 2018. The [[Jackson Laboratory]] of [[Bar Harbor, Maine]], is building a new facility on the grounds of the University of Connecticut Health Center, which specializes in the research and development of [[genome|genomic]] medicine. The project is part of BioScience Connecticut, an initiative designed to launch Connecticut into the forefront of [[biomedical research]]. A growing collection of doctor's offices and medical practices is concentrated in the vicinity of the [[University of Connecticut Health Center]]. Farmington is unique in that more people work within the town lines than actually live there, a characteristic atypical of a traditional suburb.
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