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.”