T.E.M. Electric started in 1999 when owner Tom Masterson left a secure position with an established electrical contractor. Three of his co-workers joined in his venture and together they began working from Masterson’s Lexington living room.
Shortly thereafter, T.E.M. Electric was awarded a contract with UPS in Louisville. Two years later, the four person company grew to 30 and moved into a 5,000 square foot facility.
The business continued to grow by adding a Louisville location and a fabrication shop. In total, T.E.M. now employs approximately 75 employees in both Lexington and Louisville.
Due to Masterson’s dual citizenship in Panama and the United States, T.E.M. Electric met the requirements for a small disadvantaged business.
Tom ran his business during the week and worked on the certification application during the weekend. Two years later, T.E.M. Electric became a certified minority-owned, 8 (a) Small Disadvantaged business. This certification was a major achievement because at the ti me, T.E.M. Electric was one of the few minority owned businesses in the constructi on industry. The company now has several other local and state minority certifications.
T.E.M. and Tom Masterson devote many hours to giving back to the small business community. He serves as a mentor to several small contracting businesses as they seek to start and grow. Additionally, he is eager to share his experience and played a pivotal role in the Kentucky Minority and Woman Construction Training Program. Recently, Masterson hosted the U.S. Small Business Administration’s April Web Chat where he shared tips and advice with small business owners from across the country.