In 1927, William McCormick Paxton, a World War I Army veteran, purchased the inventory of E.V. White Company for $9,000 and commenced operations under the name Crichton-Paxton. The business was located on Commercial Place in downtown Norfolk with three employees. Two year later, the business, now renamed Paxton Company, moved to the corner of Water Street and Commercial Place.
Bill Paxton, with the assistance of many employees, grew Paxton Company until his retirement in 1954. During this time, Paxton Company became a large marine supply house for the Hampton Roads area.
In 1952, Guy R. Beale, Jr., a World War II Navy veteran, joined his father-in-law Bill Paxton in the management of Paxton Company. In the years from 1952-2010, Guy Beale grew Paxton Company from a marine supply house to a mid-Atlantic marine and industrial sales and service business. Paxton Company continued to grow and expand with subsequent locations at 407 Union Street and 1019 East Main Street. In 1968, Paxton Company moved to its present location in Norfolk’s Industrial Park. Paxton Company opened a branch operation in Wilmington, North Carolina in 1977.
Peggy Beale joined Paxton Company after graduating from Meredith College in May 1977. Peggy served as CFO of Paxton Company. She managed the financial, employee benefits and the IT departments. Until her passing in 2019, Peggy inspired us to work as a team, to always communicate both internally and externally and to utilize the latest technologies to improve the services we provide to our customers.
Jim Beale joined Paxton Company in 1984. He manages sales, inventory control and material management. Jim serves as the President of Paxton Company.
In 2015, Nelson Beale joined Paxton Company. He represents the fourth generation of leadership. Nelson serves as the Vice President of Paxton Company. He manages the Warehouse, IT, Customer Service and Accounts Receivable departments.
Paxton Company would not be successful without the backbone of our business, our loyal staff. Their attention to detail and emphasis on customer service is our best asset.