Correct Craft named one of Florida’s fastest growing companies

Publish date:

Florida Trend magazine has named Correct Craft as one of Florida’s fastest growing enterprises. The magazine cited the boat and engine manufacturer as the 126 largest private company in Florida. Correct Craft moved up 17 spots on the list of 225 private organizations. Correct Craft was also the 13 fastest-growing company on the list, with a reported 29 percent increase in 2017 revenue.

With projected sales of $500 million in 2018, Correct Craft says it has been on the fastest growth trajectory in the company’s history. The company has grown dramatically in the last six years through organic sales growth and acquisitions. Correct Craft has seven boat brands, three engine companies and two watersports parks. Through its Watershed Innovations initiative, it recently acquired an electric boat drive company.

“I’m very proud of our Correct Craft team who have done such an excellent job executing our growth strategy,” said Bill Yeargin, president and CEO of Correct Craft, in a statement. “Our team has been able to grow Correct Craft significantly while also continuing to focus on our ‘Making Life Better’ culture. I’m am proud to be on a team who want to help others and do their best to make life better for as many people as possible.”


NMMA Confirms Industry Growth

NMMA president Frank Hugelmeyer said the boating business grew 12 percent last year during yesterday’s virtual State of the Boating Industry address.

Newport Show Dates Announced

Organizers are planning for an in-person Golden Anniversary edition of the show Sept. 16-19.

Quick Hits: March 5, 2021

The National Association of Manufacturers names Brunswick Corp. CFO Ryan Gwillim to its Board of Directors.

Caught Red-Handed

Two commercial fishermen were jailed for possessing an illegal haul that included 100 undersized lobster tails, which is a felony. Also, fisheries management gets new funding.

Bennington Expands Operations

The pontoon builder plans to add jobs at its new facility in Elkhart County, Ind., and increase manufacturing output.

KVH Industries Names CFO

Longtime telecom financial executive Roger A. Kuebel assumes the position that COO Brent Bruun had held in an interim capacity.