Correct Craft announced today that it bought the companies that manufacture PCM Marine Engines and Crusader Engines.
Correct Craft, the owner of Nautique Boat Co. and Aktion Parks, now owns 100 percent of both PCM Marine Engines and Crusader Engines.
The acquisition was effective Thursday. Correct Craft said it has no plans to change the management or location of the engine companies.
PCM has been in business for nearly 40 years from its headquarters in Little Mountain, South Carolina. Crusader Engines, also manufactured in Little Mountain, expanded its product offering with the new “Challenger”series of inboard towsport engines this past year.
“PCM and Crusader are two of the top engine manufacturers in the world, and we could not be happier to have them as part of the Correct Craft family,” Correct Craft president and CEO Bill Yeargin said in a statement.
“I look forward to working with the outstanding PCM and Crusader teams as together we look for opportunities to make their excellent products, service and brands even better. The future of both brands is bright.”