The PayneCrest Legacy
Our reputation as the “go to” electrical contractor began more than 60 years ago as post-war America was reshaping industrial and commercial markets.
First Step on the PayneCrest Way
Walter Murphy and Clarence Schmidt found Crest Electric in 1953.
Louis Payne founds the Saginaw Valley Division of Motor City Electric in Flint, Mich. Just four years later, he moves the company to St. Louis. It eventually becomes Payne Electric.
New Generation Thrives
David Payne acquires Payne Electric in 1985 and grows revenue to more than $35 million by 2000.
United in the PayneCrest Way
Payne buys Crest Electric to form PayneCrest Electric, uniting two entrepreneurial legacies that were each dominant in their respective markets.
The PayneCrest Way Goes National
PayneCrest begins exceeding expectations on industrial and commercial projects for clients across the country.
Building our Future
In 2019 PayneCrest names Ryan Freeman President and David Payne becomes Chief Executive Officer.