First Data moves up on Fortune 500 list

HAGERSTOWN, Md. — First Data jumped seven spots to No. 242 on this year’s Fortune 500 list, which was published last month. The annual list ranks United States corporations by revenue.

First Data, a commerce-enabling technology company, powers 2,800 transactions each second and $2.2 trillion in annual transactions.

The company, which has a facility in Hagerstown, had the largest U.S. IPO in 2015, when it raised $2.8 billion.